Middle-aged home buyers face being locked out of the property market because banks are worried they are too old to pay off their mortgage before they retire.

ANZ will pay $18.5m to some of its rural customers who complained about interest rate swaps after reaching a settling with the Commerce Commission.

The Reserve Bank of Australia said its currency, near a 4-year low, remains overvalued and needs to decline further to assist the economy, which is growing at a moderate pace.

Shares of Finzsoft Solutions jumped to a record after the financial software developer reported a profitable first half on Friday.

Tomorrow will see the last GlobalDairyTrade auction before Fonterra releases its revised farmgate milk price forecast for 2014/15.

Inventory Technologies will join the NZX via a reverse listing using the shell of NZF Group, the listed financial services company blocked from liquidating this year.

Inflation is the right target for monetary policy, says Reserve Bank governor Graeme Wheeler, and has served the country well over the past 25 years.

New Zealand's market watchdog has for the first time stood in the shoes of out-of-pocket investors and exercised its right to sue for them.

Power companies' margins on retail electricity tariffs are unsustainably high, says a new report on listed NZ electricity stocks.

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".

Global dairy markets have plummeted but New Zealand beef prices have continued to hit record highs, while sheepmeat prices have stayed firm, Rabobank says.

New Zealand shares fell yesterday, paced by Meridian Energy, Contact Energy and Mighty River Power as some investors looked to crystallise recent gains.

Wellington-headquartered investor Robt. Jones Holdings has added to its commercial and industrial property portfolio and is turning its attention to the British market.

A humble road in central Kawerau has been revealed as a bargain hunter's dream, laying claim to the cheapest stretch of residential real estate anywhere in New Zealand.

The grass-only dairy farm model has become a thing of the past for New Zealand as farmers increasingly turn to supplementary feeds to increase their production.

New Zealand's market watchdog has declined only one financial adviser application since the collapse of David Ross' Ponzi scheme two years ago.

The Australian sharemarket looks set to bounce back from its worst week in 18 months thanks to China's unexpected interest rate cuts.

The Christmas madness is about to begin and for many retailers the stakes have never been higher, writes Business Editor Liam Dann.

New Zealand is on the edge of a smartphone revolution being led from an epicentre in Asia.