New Kiwibank head Paul Brock is urging potential first home buyers not to be spooked and to go out and buy, so long as they can afford to.

After the Subprime Mortgage Mess, the US Foreclosure Fiasco.

Let's celebrate some of the lesser, under-appreciated duties of the Reserve Bank.

The economic recovery is proving 'brittle, uncertain, and full of surprises', Reserve Bank Governor Alan Bollard says.

The New Zealand dollar held above 75 US cents as the greenback rallied after China boosted the level of cash that six of its biggest banks need to keep on hand.

The Kiwi dollar will likely extend its run higher this week as the Australian currency looks set to test parity with the greenback, dragging the kiwi along with it.

There's an old joke about bankers...

Kiwibank's new chief executive Paul Brock wants to see the banking industry emulate its telecommunications counterpart and introduce bank account number portability.

Only seven companies - including the three "Heartland Bank" merger partners - have signed up for the Crown's extended retail deposit guarantee scheme.

The New Zealand dollar is nearing 75 US cents after share markets around the world rallied overnight.

The version of the free market we had wasn't really free or perfect.

One of NZ's biggest banks is encouraging Kiwis to turn their small change into big bucks via a new savings programme that rounds up spending on eftpos and visa debit transactions.