Investigators in Rome are combing through the 19,000 accounts held by the Vatican's bank in search of money laundering and other crimes.

Shares in Wynyard Group have fallen below their issue price following the firm's NZX debut this morning.

New Zealand banks boosted their combined profit to almost $1 billion in the March quarter.

Heartland New Zealand wants changes made to rules on low-ball share offers.

Auckland Council chief executive Doug McKay has become a non-executive director of the Bank of Zealand - a company with business links to the council.

The sharp drop in the value of the New Zealand dollar and a swift end to last summer's drought has significantly improved the outlook for farmers, says Rabobank.

China's so-called "economic miracle" has hit some speed wobbles, but a top NZ economist says this country should be insulated from any direct impact.

Kiwi house buyers can now get a mortgage on their cellphones - a first for New Zealand and Australia.

The Co-operative Bank has launched a bid to double its customer base and grab a bigger slice of the Auckland market 18 months after rebranding from PSIS.

Auckland house prices edged up for a second month in June in the face of fewer listings and intense demand among property buyers, according to Barfoot & Thompson.