The Australian share market closed steady yesterday after regaining early losses as investors bought into stocks weakened by concerns about European sovereign debt and tensions on the Korean peninsula.

More Kiwis left to live permanently overseas in October than in any month since January 2009.

Kiwibank has cut its 2 year fixed mortgage rate to 6.59pc, to try and spice up housing demand.

The loss of Melbourne Rebels recruit Danny Cipriani is robbing England of their X-factor, and that could be telling against the Wallabies.

The New Zealand dollar will try to break above 80 US cents this week after the Federal Reserve said it will start printing US$600 billion.

ASB is dropping the CBA name as it seeks to double its market share in the institutional and corporate banking sector.