GDP growth twice as strong as forecasters picked despite earthquake

Director of ANZ-owned fund manager says rival plans involve cost and risk.

Weak credit demand could curtail earnings growth for the big New Zealand banks, says credit rating agency Standard and Poor's.

New Zealand manufacturing rose in May to its highest level in almost a year amid signs record-high prices for the country's commodities are beginning to filter through to the wider economy.

Households at risk of slow wage growth combined with rising costs.

Glass maker Metro GlassTech is the latest heavily indebted overseas private equity owned business to get into strife with its bankers, says one report.