Bollard leaves interest rate steady at 2.5pc
The Reserve Bank has done what most market watchers were expecting this morning and left the official interest rate unchanged at 2.5 per cent.
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Latest fromASB Bank Limited
Bank: Staffer took cash for $3.5m home
A former ASB investment adviser was involved in a $3.5 million luxury property buy-up before he was fired.
Home loan rate cut to lowest in 40 years
ASB's floating home mortgage rate is the cheapest on the market and is thought to be the lowest available to home buyers for decades.
ASB sacks advisor over massive fraud
An ASB investment advisor alleged to have fleeced customers of millions of dollars is now the subject of a Serious Fraud Office inquiry.
Two sides to the broker's coin
As the property market shows signs of rejuvenation, banks are loosening the purse strings.
House prices keep rising, up 1pc in July
Real estate figures for July show small price rises and a five per cent jump in the number of sales.
Shoppers face extra cost for card use
Consumers using credit cards could soon face higher costs after a Commerce Commission ruling gave merchants the right to charge levies.
Credit card surcharge now OK, says regulator
Settlement means shops can now start imposing levies on shoppers using credit cards.
House price confidence rising again, survey finds
For the first time in 18 months, more people think NZ house prices will rise than those expecting a fall, says ASB Bank.