Sharp slowdowns in the Auckland housing market or in China are the main risks the NZIER sees to a recovery which is accelerating and broadening.

Banks stepped in to save the economic system, writes Bob Jones. Had they not, the world would have descended into anarchy with mass unemployment.

Firms from Goldman Sachs to Commonwealth Bank of Australia are predicting the record yuan rout engineered by China's central bank has run its course.

A woman has lost $6000 when she was tricked into disclosing her eftpos PIN number by a scammer.

Expectations that house prices have further to rise remain high in ASB's quarterly survey of housing market sentiment.

Budget week in Australia and NZ normally finds the two countries in a similar economic condition, with Australia looking the stronger. Not this week.

The Reserve Bank's curbs on bank lending to low deposit borrowers could be removed by the end of the year.

The Commerce Commission says farmers concerned about their interest rate swaps have until the end of the month to contact the regulator otherwise they may miss out on future compensation claims.

Outgoing BNZ boss Andrew Thorburn won't be cutting all his ties with New Zealand when he crosses the Tasman to start a new role as chief executive of parent company National Australia Bank in August.