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NZ dollar rises after OCR review
The dollar rose as much as 0.7 per cent against the greenback after Reserve Bank governor Graeme Wheeler backed off from talking down the currency at today's monetary policy review.
Optimism about aluminium fades as economies falter
As Rio Tinto and Meridian Energy haggle over the price of power for the Tiwai Pt aluminium smelter, optimism about the metal's future has faded.
Banker diverted $1m into own account
An Auckland banker faces a jail term after stealing nearly $1 million from his clients.
SCF fraud trial delayed by a month
New Zealand's biggest white-collar fraud trial has been delayed a month and won't start until next March.
Australia's housing sector showing recovery signs
Australia's housing sector is in the tentative stages of a recovery as investors and homeowners take advantage of low interest rates.
Power outage affects Eftpos terminals
A power outage has shutdown some Eftpos terminals in Auckland this morning.
Bank gives out forged notes
One of New Zealand's biggest banks has scrambled to assess its security systems after handing out hundreds of dollars in counterfeit money.
Bernard Hickey: Borrow now while stocks last and the price is right
Bernard Hickey writes: In the past couple of years, borrowers and bankers haven't thought of money as being in short supply.