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Shutdown: Will the damage last?
It's going to take a lot more political bungling to do any permanent damage to America's reputation or wreck its financial markets.
Reserve Bank defends new loan limits
In a speech to the Property Council this morning the Reserve Bank's deputy governor has gone on a charm offensive over its LVR restrictions.
Kiwisaver: Saving past retirement?
Even if contributions from Govt or boss have stopped, KiwiSaver can help in managing retirement savings.
Westpac cuts pre-okayed mortgages
Westpac has confirmed it is withdrawing mortgage pre-approvals for some customers following the introduction of the Reserve Bank's new lending restrictions.
ANZ defends 'fair' fees for services
ANZ Bank has defended its penalty fees as fair, saying they reflect extra services provided to customers whose accounts require attention over and above their banking contract.
Oz home-loan approvals drop for first time this year
Australian home loan approvals have fallen for the first time this year, but economists expect the housing sector to strengthen in the months to come.
$8m debt: ANZ may chase pair
ANZ is weighing up whether to launch action in Korea to try to get $8 million from property investor Danny Chung and his wife.
Kiwibank apologises after privacy breach
Kiwibank has apologised to all customers affected by a privacy breach at the Greymouth branch.
QV reports lift in property values
New Zealand property values rose at an 8.4 per cent annual pace last month ahead of the introduction of low-equity home lending restrictions,
$50m property loan scheme in court
A bankrupt property developer allegedly used fronts and false information to borrow more than he otherwise could have as part of a $50 million loan scheme, a court has heard.
US Treasury warns of default in fiscal game of chicken
US Treasury Secretary Jacob Lew has issued a categorical warning that the United States will default on its US$16.7 trillion debt.
Deficit sinks to 4-year low
The Government's deficit shrank to $4.4 billion in the year to June, the smallest it has been for four years.