Banking and financeChina challenge tipped for big Aussie banksReserve 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".24 Nov 04:30 PM
AgribusinessBeef prices continue to set recordsGlobal dairy markets have plummeted but New Zealand beef prices have continued to hit record highs, while sheepmeat prices have stayed firm, Rabobank says.24 Nov 04:00 PM
Banking and financeLow-deposit loan seekers hit hardHome buyers seeking low-deposit mortgages could find it even tougher to secure funds after Kiwibank said it was suspending new loans.24 Nov 04:00 PM
Banking and financeMigration gain hits new highThe 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.24 Nov 04:00 PM
Banking and financeKiwiSaver failed to boost saving, economistsKiwiSaver 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.23 Nov 04:00 PM
BDBDBanking and financeNZ dollar whippy after Fed minutes stay mum on interest rate outlook19 Nov 08:38 PM
New ZealandJail for man who fleeced pensionerA 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.19 Nov 04:00 PM
New ZealandChef gambled $100K of bank's moneyWhen a bank teller accidentally transferred $140,000 into the account of an Auckland chef, "temptation proved too much".19 Nov 02:55 AM
BDBDBanking and financeDollar trades near 7-year high against yenThe 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.16 Nov 07:58 PM
Banking and financeMigrant took my job, says axed bankerA 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.16 Nov 04:00 PM
Banking and financeSpring 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.13 Nov 01:40 AM
BDBDBanking and financeNZ dollar jumps vs. pound after Bank of England low inflation warning12 Nov 08:45 PM
Banking and financeBank eyes curbs on speculatorsThe 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.12 Nov 04:00 PM
BDBDBanking and financeFonterra payout in spotlightFonterra Co-operative Group shareholders used their annual meeting in Palmerston North to raise concerns over the reduced 2015 milk payout.12 Nov 04:00 PM
Banking and financeCurbs on property speculators eyedThe Reserve Bank is eyeing measures to discourage speculators from buying multiple houses - acknowledging LVR restrictions have favoured investors.12 Nov 02:40 AM
Banking and financeLVR restrictions to remain: RBNZAt 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.11 Nov 10:30 PM
Banking and finance13pc pay rise: ANZ CEO now earns $4.7mAs ANZ's unionised staff seek a pay rise of 2 - 3 per cent, it's been revealed their NZ boss has enjoyed a solid pay rise of nearly 14 per cent, taking him to $4.7m.11 Nov 04:00 PM
Banking and financeCo-Operative Bank expands Auckland armBanking may be increasingly moving online but The Co-Operative Bank is pushing to expand its branch presence, particularly in Auckland.11 Nov 04:00 PM
Banking and financeANZ chief's pay rises to $4.7mANZ New Zealand chief executive David Hisco has enjoyed a solid pay rise, with his total remuneration lifting almost 15 per cent to $4.7 million.11 Nov 05:04 AM
Banking and financeFour reasons NZX's on fire todayThe New Zealand share market pushed higher to a new record high at midday today. Here are four reasons why.10 Nov 11:28 PM
Small BusinessBiometrics: the future of paymentsFinger print identification, a standard feature on new iPhones will soon be common place, a visiting biometrics expert says.10 Nov 08:00 PM
Banking and financeFighting fund to finance TPP battleNew Zealand businesses are planning a "fighting fund" for a pro-TPP campaign once a deal is finished and in the public arena, Prime Minister John Key was told.10 Nov 04:00 PM
Banking and financeNZX50 powers backThe New Zealand share market has continued its record-breaking run, with the NZX50 Index hitting its highest ever point.10 Nov 04:00 PM
Banking and financeChanges to LVR policy signalledLoan to value ratios on bank mortgage lending could be in for a change this week when the Reserve Bank releases its financial stability report.09 Nov 10:02 PM