Bollard holds OCR steady at 2.5pc
Reserve Bank governor Alan Bollard has held interest rates steady at 2.5pc and says there's no need to raise them any time soon.
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Crown fielded proposals to buy SCF
The Crown fielded a number of proposals to recapitalise South Canterbury Finance (SCF) or buy it before and as it collapsed but most involved some form of Crown support, according to documents released today.
New RWC pay cards not just for rugby, says sponsor
Fans will need either cash or a special new MasterCard to buy food and drinks at RWC games.
No Eftpos at RWC games after sponsorship deal
Rugby World Cup fans have been told there will no Eftpos at games - and in Auckland and Wellington stadiums, only new debit cards issued by sponsor Mastercard will be accepted.
Credit card fee shock for Kiwis buying overseas
Travellers and online customers are likely to end up paying more for their purchases if they opt to pay in NZ dollars.
Drop the dial-up or face eftpos delays, NZ shops warned
Businesses frustrated at the length of time taken to process new 'chip and pin' credit cards are being told to ditch slow dial-up connections.
OIO approves Colorado owner to buy Tegel in $600m leveraged buyout
Affinity Equity Partners, the private equity firm that owned the now in-receivership retailer Colorado Group, has been given clearance to buy Tegel Foods.
ANZ, National Bank split inefficient, says chief exec
ANZ's chief executive Mike Smith says operating two separate banks in New Zealand is inefficient.
Finance jobs on the way back, as London rebounds from slump
Growing demand for bankers, lawyers and accountants.