Auckland and Queenstown have again been confirmed as having the most unaffordable housing for locals.

Nearly half a billion dollars of overseas funds has left the investment property market in New Zealand since 2008, says new research.

New Zealand is now officially for sale on the New York Stock Exchange at the very reasonable price of 55 basis points (or 0.55 per cent).

Hubbard supporters say the Chief Ombudsman is investigating the role of the Securities Commission and a perceived conflict of interest of member Simon Botherway.

Economists believe GDP stats due out this week will show the NZ economy has expanded less that the Reserve Bank forecasted, confirming that interest rates are on hold for now.

Petrol prices are falling at Australian pumps - but oil companies in NZ say motorists shouldn't expect the same here.