Latest FromBanking
![National house prices up again](/pf/resources/images/placeholders/placeholder_l.png?d=793)
National house prices up again
National house prices rose $17,475 last month to reach a $425k median. But are falling sales numbers a sign that new loan rules are starting to bite? (with new infographic)
![Builders welcome loan backdown](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Builders welcome loan backdown
The construction sector has welcomed the Reserve Bank's decision to exempt new home builds from low deposit loan restrictions, but one economist has warned of the dangers of watering down the policy.
![Loan curbs boost for mortgage brokers](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Loan curbs boost for mortgage brokers
Reserve Bank home-loan cooling measures have driven business into mortgage brokers' hands, says Jeff Royle.
![Auckland house prices' hot November](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Auckland house prices' hot November
Auckland house prices rose at the rate of $677 a day in November, based on the average price increase from October to November.
![Detroit gets bankruptcy OK from court](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Detroit gets bankruptcy OK from court
A judge has ruled the US city of Detroit is eligible to shed billions in the largest public bankruptcy in the country's history.
![NZ property: Sellers still have upper hand](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ property: Sellers still have upper hand
Kiwis keen to sell off their homes continue to hold the upper hand in New Zealand's property market, despite a slight ease in the national asking price during November.
![$170k bank error spent on Holdens](/pf/resources/images/placeholders/placeholder_l.png?d=793)
$170k bank error spent on Holdens
A sickness beneficiary who had more than $170,000 transferred into his bank account in error withdrew the money and spent the lot on Holdens.
![Jasons Travel calls in receivers](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Jasons Travel calls in receivers
Travel guide publisher Jasons Travel Media, once led by MP Steven Joyce, has told its lenders to appoint a receiver as the company's financial position deteriorates.
![Housing plan risks price drop](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Housing plan risks price drop
A successful building plan will result in a 10,000-home oversupply in Auckland, says NZIER.
![Credit card battle builds](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Credit card battle builds
Competition is heating up in the $5.6b credit card market, with two major banks releasing new offers in the past week.
![Construction firm surge still not enough](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Construction firm surge still not enough
The construction industry has grown by 10,000 firms since 2002, a new Government report shows, but still lacks capacity to deal with current massive demand.