Westpac's New Zealand chief executive George Frazis appears to have set a new record for executive pay in New Zealand.

The Securities Commission has added its weight to the Reserve Bank's call for mum and dad investors' to be cautious about new private equity property investments.

Men aged 18-33 and 49-64 and those in the North Island in particular, are showing signs of potential financial stress, a credit rating agency says.

NZ's 'tepid' recovery from the financial crisis is at risk of being derailed by the relative strength of the NZ dollar, Alan Bollard has warned.

Taxpayers may be offered discounts on their accident insurance levies in return for accepting lower compensation, longer waits and higher medical fees after an accident.

In '86 we had America's Cup fever and a share boom, now we've got neither.

ASB is dropping the CBA name as it seeks to double its market share in the institutional and corporate banking sector.