German drug and chemicals company Bayer AG announced Monday that it has made a $62 billion offer to buy US-based crops and seeds specialist Monsanto.

Bayer offered $62 billion to buy Monsanto, deepening investor concern that it will strain its finances.

Many of Auckland's legal fraternity are making moves - out of their traditional locations and out of their offices, reports Anne Gibson.

The company behind the Park Hyatt project is set to purchase a nearby site, investing more than $300 million.

The $700 million NZ International Convention Centre will be a world first because it will be open on all sides, says one of its architects.

The Government will not be throwing money at housing initiatives in the Budget, Prime Minister John Key says.

Portfolio gain, rental income growth delivers record full-year profit for Kiwi Property.

Kiwi Property will buy 50pc of The Base after Waikato-Tainui turned down a proposal to buy all of the Hamilton shopping centre.

It tops Toronto, Sydney and San Francisco for houses that cost well over $1 million.

Finance experts have voiced support for SkyCity Entertainment Group's $263 million capital raising plans announced yesterday.

The Government says it will not rule out new restrictions on house-buying which are tied to a buyer's income.

Property prices dipped one per cent across New Zealand in April - but are up 7.7pc compared to the year before.

Experts and politicians are skeptical about the new data on foreign buying in New Zealand; one reader shows how the system can be beat.