While Tsipras' decision to hold a ballot increased the risk of Greece exiting the euro, evidence of contagion elsewhere was limited.

Currency traders will be on tenterhooks this week as the Greek sovereign debt crisis goes from bad to worse, with more downward pressure likely to come on the Kiwi dollar.

The world’s stockmarkets have started to feel the impact of Greece’s looming financial disaster and New Zealand is not immune.

The kiwi dollar has fallen gain, as the Greece debt crisis pushes investors into 'safe havens".

The New Zealand dollar rose from a five-year low as investors weighed up the outlook for the US economy and interest rate increases.

The New Zealand dollar hit a fresh five-year low as traders firm up expectations for more interest rate cuts.

New research from JP Morgan reveals which country has the best-performing sovereign wealth fund in the world.

European leaders will meet tomorrow to see if they should give Greece more credit to stave off bankruptcy or cast it into the wilderness.

Researchers say they are shocked to find an apparent racial bias against people who "look Maori" - but real estate agent Mike Pero is not surprised.

The dollar jumped briefly above 70 US cents after the US Fed Reserve pulled back its projections for future interest rate rises.

Yellen has long been categorised as what Fed watchers call a "dove," someone who favours looser monetary policy.

The dollar was little changed, holding below 70 US cents, after a relatively small decline in dairy prices.

The NZ dollar has slipped against the euro as breakdown in Greek debt negotiations stoke fears it will leave the Euro.

ASB customers should be in line for a drop in their home loan interest rates this month.

The NZ dollar touched 69.41 US cents ahead of the New York close, the lowest level since July 2010.

Major banks are set to drop deposit thresholds for apartments, making it easier for cash-strapped first-home hunters to get a foot in Auckland's rampant property market.

Paul Lewis looks at the link between the city's growth and the ASB, a sponsor of this series.

Two more major banks have announced mortgage rate cuts following the Reserve Bank's decision yesterday to lower the official cash rate.

The official cash rate cut to 3.25 per cent the Reserve Bank delivered yesterday and the follow-up one it has clearly foreshadowed may not be all we see this year.

The New Zealand dollar could fall as low as US60c against the greenback this year following today's official cash rate cut, a market strategist says.

Kiwis spent more on their electronic cards in May, as increased retailing of consumables offset a flat month.

The NZ dollar edged up ahead of the Reserve Bank's monetary policy statement tomorrow.

Bank tellers and other branch workers have a wealth of client data at their fingertips and are able to swipe it.

The dollar advanced as the greenback weakened following reports Obama raised concerns of US dollar strength.