The Reserve Bank's new mortgage lending restrictions come into force today, restricting the number of high loan-to-value ratio mortgages banks can lend.

Prime Minister John Key has dismissed builders' concerns that new Reserve Bank mortgage lending limits will reduce the number of new homes being built.

Will new low deposit loan rules make it tougher for people to buy, grow and fund small business?

Up to 8000 families, couples and individuals trying to get into their first home will be stymied by the Reserve Bank's new lending restrictions, Finance Minister Bill English has acknowledged.

A New Zealander working for a major world banking company has been charged by US prosecutors in New York for allegedly taking part in the massive LIBOR rates rigging scandal.

An academic is warning savers to be wary of promises made by KiwiSaver providers.

A Kiwibank mortgage manager has been reined in after wrongly telling a customer it was pulling low deposit pre-approvals.

Labour is promising to dump the Reserve Bank's new home loan restrictions - for first home buyers only.

Researchers at Westpac have painted a bright future for the tourism sector.

Fonterra has once again raised its farmgate milk price for the 2013-14 season, this time by 50c to a record $8.30 per kg of milk solids.

Finance Minister Bill English says ASB Bank has "let down" customers by cancelling home loan approvals as a result of new lending restrictions.

ASB Bank has pulled the plug on existing pre-approvals for low-equity home loans from October 4 but rival banks say they will continue to honour their pre-approvals.

Low-deposit mortgages will not only be harder to get from the end of this month, but they will be a lot more expensive.

A man who admitted charges over a Kiwibank scam fully accepted that "it wasn't the tooth fairy" who put $5000 in his account

Banks have already started tightening up their lending criteria for customers seeking low-deposit mortgages, despite new regulations not kicking in until next month.

New figures show national property prices were up $5,000 in August, taking the national median price to $390,000.

Bond markets have undergone a sea change during the last few months, say fixed interest specialists.

I love nostalgia. Everything seems better viewed through the prism of the past. Big events certainly seem less terrifying.