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RBNZ constrained in influencing long-term rates
The Reserve Bank's influence over long-term interest rates is limited by global investor activity, according to governor Graeme Wheeler.
Valuation jump paying for do up's
Auckland homeowners made wealthy by their latest Auckland Council valuations are borrowing to do up their houses.
Rates cut to help small firms - China bank
China's central bank said its surprise move to cut interest rates for the first time since 2012 is designed to help small firms.
China challenge tipped for big Aussie banks
Reserve Bank deputy governor Grant Spencer says the arrival of Asian banking giants is a watershed event that will boost competition and keep the dominant lenders "on their toes".
Low-deposit loan seekers hit hard
Home buyers seeking low-deposit mortgages could find it even tougher to secure funds after Kiwibank said it was suspending new loans.
Beef prices continue to set records
Global dairy markets have plummeted but New Zealand beef prices have continued to hit record highs, while sheepmeat prices have stayed firm, Rabobank says.
Migration gain hits new high
The net population gain from migration hit new highs last month and is seen as a key reason Reserve Bank governor Graeme Wheeler's foot remains closer to the brake pedal.
KiwiSaver failed to boost saving, economists
KiwiSaver tax credits cost around $800 million a year but careful analysis by Treasury economists on household finances can find no evidence it has boosted accumulation of wealth.
Jail for man who fleeced pensioner
A West Auckland man who ripped off a pensioner for $67,000, stole his smoke alarms and was set to change his will has been jailed for more than two years.
Chef gambled $100K of bank's money
When a bank teller accidentally transferred $140,000 into the account of an Auckland chef, "temptation proved too much".
Dollar trades near 7-year high against yen
The NZ dollar held near a seven-year high against the yen before services sector and retail sales figures that are expected to show the domestic economy continues to grow apace.
Migrant took my job, says axed banker
A New Zealand citizen who lost his bank job to a man seconded from India says he is "living proof" temporary migrant workers are stealing Kiwi jobs.
Spring house prices surge 11.8%
Auckland house prices have hit a new high and national sales volumes rose 11.8 per cent last month in a big spring resurgence.
Bank eyes curbs on speculators
The Reserve Bank is eyeing measures to discourage speculators from buying multiple houses as it acknowledges its loan-to-value ratio (LVR) restrictions have favoured investors.
Fonterra payout in spotlight
Fonterra Co-operative Group shareholders used their annual meeting in Palmerston North to raise concerns over the reduced 2015 milk payout.
Curbs on property speculators eyed
The Reserve Bank is eyeing measures to discourage speculators from buying multiple houses - acknowledging LVR restrictions have favoured investors.
LVR restrictions to remain: RBNZ
At least 4500 kiwis hoping for an end to mortgage restrictions will have to wait longer before they can buy a place, a financier has calculated.