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Fall in mortgagee sales welcomed
The decline in mortgagee sales of residential properties has been interpreted by a bank economist as a welcome sign of an improvement in the economy.
Big year for changing of the guard
The face of New Zealand business changed over 2012 with a series of senior appointments made to some of the country's top jobs.
UBS to pay $1.5b for rate-rigging
Swiss banking giant UBS has agreed to pay $1.5b in fines for its role in trying to manipulate the key LIBOR interest rate.
ANZ sells eftpos business
ANZ New Zealand - the country's biggest bank - has sold its eftpos terminal leasing unit, EFTPOS New Zealand, for an undisclosed sum.
Zero-interest loans to help poor families
A group of Auckland charities have quietly started lending money at zero interest rates to low-income families in a pilot project which may drive loan sharks out.
GDP growth has likely slowed
A slowdown from the first half of the year is expected when economic growth figures for the September quarter come out on Thursday.
Banks unite in silence on giving client details to police
Banks have united to keep mum on how often they give customer details to police without a warrant.
NZ dollar rises to 16-month high on TWI
The kiwi dollar climbed to a 16-month high on a trade-weighted basis after investors piled into currency after the Reserve Bank governor's statement yesterday.
Madoff whistleblower to speak in NZ (+video)
A visit to New Zealand by the man who blew the whistle on Bernie Madoff is "timely", says the SFO's acting chief executive.
Brian Fallow: Wheeler keeping close eye on housing
The Reserve Bank is watching the housing market, but at this point not so much like a hawk as like a dove, writes Brian Fallow.