Labour's proposals to allow the Reserve Bank to adjust KiwiSaver contributions rather than interest rates to control inflation could hurt savers, KiwiSaver experts warn.

Finance Minister Bill English has rubbished Labour's new Kiwisaver plan, but the policy has received support from employers.

It's a great idea to keep an eye on your KiwiSaver fees because "Fees are the one constant that will always eat away at your returns."

A Queenstown woman done for a $400,000 bank rip-off has admitted the offending - and using the money for a house, overseas trips and paying off debts.

Barclays has been accused of trying to silence criticism of its bonus culture after a director slapped down a shareholder for speaking out over its pay practices.

Homeowners are bracing for another rise in mortgage interest rates but experts say most are prepared with better spending habits and contingency plans.

The FMA is investigating whether the sales and marketing of interest rate swaps by major banks to rural customers may have breached the laws.

The Reserve Bank has increased the Official Cash Rate by 25 basis points to 3 per cent this morning.

There is near-unanimous support on NZIER's shadow board for Reserve Bank governor Graeme Wheeler to raise the official cash rate again tomorrow, to 3 per cent.

Interest rates could peak at a level which would see first-home buyers in Auckland spending two-thirds of household income paying the mortgage.

Another rise in the official cash rate, to 3 per cent, on Thursday is seen as a virtual certainty.

New Zealand's tax system heavily penalises KiwiSaver while offering massive tax breaks to property investors, says savings lobbyist..

Institutional trades have predominated since the historic move to direct convertibility of the New Zealand and Chinese currencies began last month.

The New Zealand dollar fell ahead of a speech by Federal Reserve chair Janet Yellen.

Each year thousands of people dream about starting their own business, taking control of their lives and having more flexibility.