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Parker: Don't take RWC from us
Christchurch is "utterly" committed to holding its Rugby World Cup matches, and its citizens "will be far from pleased if they miss out on an event that has taken on a different meaning", Mayor Bob Parker said this morning.
BNZ, Kiwibank follow the trend, cutting interest rates
BNZ and Kiwibank have joined the other banks and cut mortgage rates.
Key: I want RWC in Christchurch
John Key says his "strong preference" is to hold Rugby World Cup games in Christchurch, and says it's still possible if AMI Stadium is fit for matches.
NZ dollar treading water until OCR review
The New Zealand dollar will probably hold around 75 US cents until next Thursday as traders wait for the Reserve Bank to say whether it will cut the OCR.
ANZ, National banks cut mortgage rates
Sister banks ANZ and National have cut mortgage interest rates.
Earthquake flattens already weak economic outlook: NZIER
The economy will now barely grow at all in 2011, because of a "noxious mix" of spiking global petrol and food prices along with the impact of the second Christchurch earthquake, says NZIER.
Kiwi dollar may fall as Christchurch earthquake costs become known
The New Zealand dollar may extend its losses this week as the cost of the Christchurch earthquake becomes clearer.
Liam Dann: Enormity of disaster means all economic bets are off
Amid the tragedy and debris it feels harsh to talk about economics and daunting to talk about getting Christchurch back to business.
ANZ says shift to single IT platform and restructure to cost $220m
ANZ New Zealand says its plans to put the ANZ and National Banks onto one IT platform and restructure management by laying off 45 staff and establishing a new structure will cost it a total of $220m.
NZ dollar near 6-month TWI low on quake and Libya
The New Zealand dollar has fallen to a near six-month low on a trade-weighted basis.
Christchurch earthquake: S&P continues to calculate insurance losses
Credit rating companies say there is no immediate need to change the credit ratings of insurers because of the Christchurch earthquake but Moody's Investors Service said ratings pressure may develop over time on the banking sector.
Christchurch earthquake to prompt OCR cut, says ASB economist
An ASB Bank economist says she expects Reserve Bank governor Alan Bollard to cut the official cash rate by 50 basis points to 2.5 per cent in part due to the economic impact of the Christchurch earthquake.