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Kiwis will turn to credit if Bollard raises interest rates
Over a third of kiwi households will have to use credit to pay for otherwise unaffordable expenses if the Reserve Bank increases interest rates in the coming months, according to a new survey.
Money: Cheques dying a slow death
New Zealanders wrote one-third fewer cheques last year than they did six years earlier, as consumers opted for quicker payment methods.
US equities advance on better earnings news
Stocks in the US advanced as better-than-anticipated earnings outweighed a decline in homebuilder confidence.
Solid US earnings fails to ease concerns
Solid earnings data from corporate America has done little to ease investors' concerns that growth in the world economy is slowing.
<i>Bernard Hickey</i>: Chilling levels of household debt finally dawns
NZers will look back on the winter of 2010 as the moment we finally realised the last decade of growth was a sham.
Signs of US weakness hits world markets overnight
Stocks in Europe and the US fell after worse-than-expected US economic data bolstered concern about growth.
<i>Inside Money: </i>Sore winners should end frozen war
After contributing to a famous victory against the forces of financial bigness you'd think the Frozen Funds Group (FFG) would want to chill out a little.
Inflation-watchers waiting for CPI numbers
CPI stats due out today will be closely watched...
NZ dollar peeks above US71c on risk appetite boost
The NZ dollar peeked above US71c for the first time since late June as good economic data from the US and Australia restored faith in the global economic recovery.
Former Rabobank executive to run South Canterbury Finance's 'good bank'
South Canterbury Finance has named a former Rabobank executive to run its so-called "good bank".
Kiwibank growth slows
Kiwibank had slowing growth and shrinking margins in the March quarter, says KPMG.