The post-person delivered me two items of historical interest: a cheque and a credit card.

The Institute of Economic Research considers the economic cycle has passed its peak but that it will moderate to a still healthy pace.

Power of monetary policy to drive global growth is nearing its limit. Further progress depends on government leaders.

Viewed from the vantage point of Standard & Poor's global chief economist the world economy does not seem too inhospitable a place right now, but not without risks either.

Xero boss Rod Drury is disappointed with the sell recommendation Craigs Investment Partners has slapped on the company's stock.

The economy has lost some momentum since earlier in the year, the Treasury says, though it still describes the pace of expansion as robust.

Two of New Zealand's largest banks will this week be served court papers over claims they charged more than 41,600 customers unfair penalty fees.

105 banks and credit unions are now doing business with legal cannabis sellers in the United States, a top US federal official said.

An improving economy helped boost ASB's annual net profit by 14 per cent to a record $806 million, but the bank's chief executive, Barbara Chapman, says bad-debt expenses are likely to begin trending upwards from their present low levels.

A new war on "loan sharks' should help bankrupt Auckland mum Farrah Matthews, who ended up paying $29k for a $12k car - borrowing money at 29 per cent interest.