The NZ Super Fund will not change its policy substantially after the loss of almost $200m in taxpayers' money.

The decision by Stuart Gulliver, CEO of HSBC Holdings, to park money in Switzerland puzzled lawyers who didn't see a clear tax benefit from the move.

Home loans became more affordable last month, with the typical home buyer saving $30 per week on mortgage repayments compared to December.

Greek Prime Minister Alexis Tsipras won four more months to sell his policy program to creditors while keeping domestic voters on board.

New Zealand's banks had a bumper 2014, with home loan demand amid a booming property market helping to boost their combined profit by more than 20 per cent to a record $4.8 billion.

An Air NZ sponsorship deal has hit headlines in a tit-for-tat row between two of Britain's most influential newspapers over the integrity of their editorial content.

State-owned Kiwibank has posted a record interim profit of $71 million, and suggested it may commence dividend payments.

Mortgage lenders have noticed an upswing in the number of people withdrawing money from KiwiSaver for a first home.

Greek Prime Minister Alexis Tsipras began the task of selling domestically a provisional deal with eurozone partners to extend bailout funds after securing a reprieve.

As the battle heats up for the KiwiSaver dollar, authorities are taking a closer look at the tactics being used to tempt investors.

Like any successful politician, Prime Minister John Key knows a week is a long time in politics, writes Bernard Hickey.

The $200 million lost by the New Zealand Superannuation Fund when a Portuguese bank collapsed was ultimately destined, at least in part, to go to a Chinese firm under a corruption cloud.

The NZ dollar hit 97.07 Australian cents overnight with some analysts saying there is nothing to stop it pushing higher to parity.

Almost $200 million of taxpayer money invested through the Kiwi Superannuation Fund has been lost after a "risk-free" Portuguese bank collapsed.

The NZ dollar has touched a fresh record against the Aussie, after Federal Reserve meeting minutes suggested officials may favour keeping US interest rates lower for longer.

Australia & New Zealand Banking Group says its New Zealand division performed strongly in the final three months of last year as cash profit slipped 0.2 per cent.

Out-of-court settlements may be cheaper, quicker and more certain than seeing a case through - but they can often feel like a cop-out.

Fonterra Co-operative Group has commissioned a new dairy ingredients plant in Heerenveen, in the north of the Netherlands, its first wholly-owned and operated ingredients plant in Europe.

ANZ said it expects dairy prices to continue this year's firming trend at tomorrow's GlobalDairyTrade auction.

As vital signs go, retail sales data for the last three months of 2014 were pretty healthy, writes Brian Fallow.

Global insurance giant Lloyd's has paid out $4.2 billion for the Canterbury earthquakes, expects to pay a further $1.6 billion and remains committed to New Zealand.

The New Zealand dollar rose against its Australian counterpart yesterday as retail sales beat expectations.