New Zealand building consents stalled in September with its first monthly decline in five eroding gains over the past two months.

No one is confessing to being the economist who authored an email about Standard & Poor's that has landed Prime Minister John Key in hot water.

New Zealand's economy probably slowed from its surprisingly robust first-quarter pace in the second three months of 2011 as construction stayed weak and manufacturing continued to tread water.

But for some, buying bullion has been a costly mistake...

Improved economic conditions contributed to ASB Bank recording a 27.6 per cent increase in its net profit after tax to $568 million for the year to June 30, the company said today.

The US and European sovereign debt crises will likely push up the cost of funding for NZ banks, the head of the BNZ says.

ASB Bank's new chief executive is something of a Thunderbirds fan, finds Jamie Gray.

New Zealand's economy kicked off 2011 with a bang, growing at twice the forecast pace and the fastest since December 2009 as a resurgent manufacturing sector drove the nation's revival in the face of Canterbury's earthquakes.

There's nothing to suggest that under the new regulatory regime that ASB, Versalko's employer, would've automatically picked up on his fraud.

New Zealand's economy probably grew at the fastest pace in four quarters in the first three months of 2011, say economists.

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