
ANZ, National banks cut mortgage rates
Sister banks ANZ and National have cut mortgage interest rates.
Sister banks ANZ and National have cut mortgage interest rates.
Stock market operator NZX has reported an 18 per cent rise in normalised net profit to $11.7 million in 2010, with a "distinct" rise in revenue in the final quarter.
Nuplex Industries will pay $3m to shareholders as part of a settlement with the Securities Commission after failing to disclose it breached a debt covenant in 2008.
The kiwi dollar plunged nearly one US cent after today's Christchurch earthquake.
Investors flocked to oil and gold on world markets overnight amid escalating tensions in the Middle East, with violence in Libya gathering steam.