The dynamic of the new oil shock is moving fast - maybe too fast for the fragile global economic recovery, writes Liam Dann.

Rob Fyfe thought life would be a lot quieter when he stepped down as boss of Air New Zealand but he has just taken up his latest role as strategic adviser to winery Craggy Range.

The Australian wing of a United States investment fund could swoop in front of Capital + Merchant Finance investors and take a chunk of an $18.5 million settlement.

The Fonterra Shareholders Council is "broadly supportive" of plans for the co-operative to start sourcing milk from South Island suppliers who are not also shareholders.

Annual house sales rose for the first time in 13 months, driven by higher value properties, according to REINZ data released today.

A raging bull is on the loose in China's stock market, which has just opened its doors to the world, but prospective NZ investors may want to approach with caution.

Commonwealth Bank of Australia and its three main rivals may need as much as A$30 billion ($32.4 billion) in fresh capital.

Nearby coastal areas are reaping the benefits of a buoyant Auckland property market, with homeowners beginning to use extra equity to buy baches, experts say.

Keith Cooper headed up New Zealand's biggest meat company, Dunedin-based Silver Fern Farms, for eight years before stepping down in October.

Biofuel developer LanzaTech's coffers have been bolstered with a US$60 million ($78.5 million) cash injection from the New Zealand Superannuation Fund.

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.

Australian company profits have ticked higher, thanks to healthier returns from the battered and bruised retail and manufacturing sectors.

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