Australia's credit rating cut to negative
Australia is a step closer to losing its AAA credit rating.
Australia is a step closer to losing its AAA credit rating.
The Reserve Bank says housing and dairy debt are major risks to the economy and changes to LVRs are possible.
Bill English says the Government could set a house price-to-income ratio to ensure councils release the right amount of land to keep housing affordable.
Bond markets are spooked, credit risk is on the rise and banks stocks are being sold, writes Liam Dann.
Despite a horrible start to the year for global markets, consumers are confident in New Zealand's economy.
LDC Finance was insolvent from the time it was set up and its directors ran it "recklessly, incompetently and with disregard for the basic requirements of a finance company", a lawyer for....
Public confidence in the professionalism and integrity of New Zealand's financial advisers remains low four years after a major shake-up of the industry, a survey has found.
Efforts to sell Fisher & Paykel Finance are gathering momentum, but mixed messages are emerging over when the deal might be clinched.
We've been talking a lot lately with our clients about "rebalancing". Some will say this sounds like finance industry jargon, and it is.
The FMA is suing former Milford portfolio manager Mark Warminger over alleged market manipulation.
Josh Daniell says he doesn't have any trouble being taken seriously as a millennial running a finance business.
New Zealand's financial regulator is refusing to reveal exactly what it spent investigating Milford Asset Management.
Andrew Hrothgar Robinson has been sentenced to six years in jail this morning for stealing more than $3 million.
All 74 authorised financial advisers and all who applied for a licence in the past year received a regulatory rubber stamp.
Long-suffering Capital+Merchant Finance investors are not yet in line to get any of the assets seized from that company's convicted directors.
It is crunch time for Greece. Again. Yes, you've heard that before, probably many times since the country's debt crisis first blew up around 2009.
Technology is playing an increasingly important role in the finance industry as capital transfers from one generation to the next, says JBWere New Zealand head Craig Patrick.
Finance Minister Bill English has confirmed that this month’s Budget will see the surplus forecast a year ago turn into a deficit slightly higher than forecasted in December.
The New Zealand Superannuation Fund has filed legal proceedings in Portugal against that country's central bank as it tries to claw back a loan to a failed Portuguese lender that resulted in a $200 million write-off.
Finance Minister Bill English says New Zealand and Singapore have been at the forefront of negotiations with the Chinese Government over the governance of the proposed Asia Infrastructure Investment....
An out-of-pocket client is trying to bankrupt his struck-off former financial adviser who recommended six "disastrous investments".
It's probably your biggest bill but too few people realise how much money they could save if they put some thought into managing their mortgage.
It's the time of the year when newspapers and magazines are peppered with financial predictions, tempting us to take action and change our portfolios because, well, it's the New Year.
When my daughter was little and I was a single parent I scaled back my work and paid myself in time not money.
The thought of asking for advice leaves some of us cold, particularly when it's about our hard-earned money.
I have a super account in Australia with Macquarie, which is doing reasonably well.
I've failed. It would appear that personal finance journalists' budgets are a bit like builders' houses. Never quite sorted out.
The taxpayer's bill for the South Canterbury Finance prosecution could be nearing $1.5 million and might balloon if acquitted defendants push for costs.