The Reserve Bank yesterday confirmed it has agreed to re-examine its new mortgage lending restrictions if data shows they are crimping the supply of new homes.

Treasury suggested introducing a capital gains tax and restrictions on foreign buyers as part of a long term prescription to curb house price increases, documents released today show.

The New Zealand dollar was the worst performing currency overnight, as investors switched to so-called 'safe haven' assets.

The New Zealand dollar has jumped to its highest in more than five months.

Solid Energy has secured its restructuring deal with most of its banks and the Government following a series of meetings today in Christchurch.

ASB - the country's second largest KiwiSaver provider - says nearly one in four of its members are not contributing to their retirement savings.

Australian investment funds are taking advantage of a buoyant New Zealand retirement village industry to exit their stakes in the sector's main players.

The future of a popular Mexican burrito chain - and the jobs of 100 workers - is in serious doubt as a result of a bitter family feud.

Some of the big KiwiSaver providers have been slow to put up new information disclosing fees, performance and where money is invested.

It's going to take a lot more political bungling to do any permanent damage to America's reputation or wreck its financial markets.

Lyndon Drake's pathway to the ministry was via the world of "filthy lucre", but he makes no apology for that.

In Shanghai's leafy Xintiandi there's a sight most Antipodean visitors would find very familiar.

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.

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.

ANZ is weighing up whether to launch action in Korea to try to get $8 million from property investor Danny Chung and his wife.

Even if contributions from Govt or boss have stopped, KiwiSaver can help in managing retirement savings.

Westpac has confirmed it is withdrawing mortgage pre-approvals for some customers following the introduction of the Reserve Bank's new lending restrictions.