BNZ boss Andrew Thorburn has made more than $400,000 from selling shares in the bank's parent company National Australia Bank (NAB).

The banking ombudsman has had 10 complaints about the loan-to-value-ratio (LVR) changes introduced on October 1, with eight related to banks withdrawing prior approvals.

The number of first home buyers in the market since the introduction of new Reserve Bank mortgage restrictions last month has plummeted, real estate agents are reporting.

The kiwi is expected to appreciate further against the Australian after the cross rate hit a near five-year high this week.

A comparison of some recent economic data shows New Zealand outperforming Australia.

A prospectus for the Mad Butcher's back door listing is expected to be out next week...

The FMA's Diane Maxwell will be stepping across into the role of Retirement Commissioner for three months.

This year is shaping up to be a very busy one for new sharemarket listings...

The manufacturing sector ended 2012 much as it had spent the whole year, just barely on the right side of the line between expansion and contraction, the BNZ-Business New Zealand performance of manufacturing index (PMI) indicates.

Banks have united to keep mum on how often they give customer details to police without a warrant.

Peter Jackson is said to be enthusiastic about monitoring off-set conditions for animals used in film productions, writes John Drinnan.

New Zealand's mostly Australian-owned banks are not as profitable as they appear, despite very strong earnings, the NZ Bankers Association says.

New Zealand's services sector grew at its fastest recorded pace last month as sales activity rallied, ending a recent horror run of data.

Better attitudes towards saving and debt reduction in New Zealand are being driven by fear and are unsustainable, says the head of a major bank.