Britain's financial services watchdog is to hit bankers earning more than £1 million ($2.2 million) a year with new restrictions.

The US is poised to drop its ban on military exercises with NZ, which it introduced in 1985 in reprisal for NZ's anti-nuclear policy.

US Secretary of State Hillary Clinton's visit to NZ is expected to mark the start of a closer relationship, Fran O'Sullivan looks at what's on the agenda.

Parents who care for severely disabled adult children should be eligible to receive payments, a tribunal has ruled.