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.

Anthony Dixon is happy to be back. The chief executive of electronics technology company Times-7 was in front of New Zealand's angel community again at the annual showcase investment event, but this time he had a lot more to smile about.

New Zealand shares rose as Fisher & Paykel Healthcare advanced to a record after lifting its annual profit guidance. Xero fell as its first-half results showed a slower pace of growth.

Fisher & Paykel Healthcare shares have soared to a record high after the medical device maker's sixth profit guidance upgrade in two years.

Serko, the online travel booking business, widened its first-half loss in line with its May prospectus as it hired more staff to chase sales growth.

The a2 Milk Company says it is planning to list in Australia, where most of its earnings come from, in the first quarter of 2015, while maintaining its listing on the NZX.

New Zealand is catching up with other countries co-ordinating growth in technology with the marketing sector, say the organisers of AdTech.

There is broad global support for moves to curb international tax avoidance, Finance Minister Bill English said on the sidelines of the G20 Leaders' Summit in Brisbane.

Fonterra's NZX-listed units are still causing confusion, two years after their introduction.

Australia is headed for recession and nothing can be done to stop it, a prominent economist warns

Childcare roll-up Evolve Education Group has set the price for its initial public offer at $1 per share giving it a market share of $177 million.

New Zealand primary producers need to be prepared to do things differently in a rapidly changing world if they are to retain their place in global food markets, says KPMG.

Why discontinue services to centres such as Kaitaia and Whakatane? The bitter truth is that New Zealand does not have a national airline with network obligations.

Fonterra Co-operative Group shareholders used their annual meeting in Palmerston North to raise concerns over the reduced 2015 milk payout.

A Tauranga-based operator is poised to take over Air New Zealand's cancelled regional air services from Whakatane and Kaitaia but will charge similar prices.