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![Banking watchdog fields twice as many complaints](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Banking watchdog fields twice as many complaints
The office of the banking Ombudsman received twice the number of formal complaints in 2008/9 than it did a year ago.
![Confidence in housing stays high, says ASB survey](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Confidence in housing stays high, says ASB survey
New Zealanders are still optimistic about the state of the housing market, according to an ASB survey.
![Inquiry finds banks failed to pass on cuts](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Inquiry finds banks failed to pass on cuts
The Opposition's banking inquiry found that major banks did bolster their profits at the expense of borrowers.
![Bollard slams banks for 'risky mortgage practices'](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bollard slams banks for 'risky mortgage practices'
Reserve Bank Governor Alan Bollard has issued a warning to banks about the perils of approving high-risk mortgages.
![<i>Dollar outlook:</i> Kiwi may fall further amid rising risk aversion](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Dollar outlook:</i> Kiwi may fall further amid rising risk aversion
The NZ dollar may keep falling this week as investors get jittery about the speed and strength of the global recovery .
![Kiwi dollar tumbles as US confidence slides](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwi dollar tumbles as US confidence slides
The New Zealand dollar has tumbled amid renewed concerns the global recovery may take longer than previously thought.
![OCR steady, early hike ruled out](/pf/resources/images/placeholders/placeholder_l.png?d=793)
OCR steady, early hike ruled out
The Reserve Bank has left official interest rates unchanged at 2.5 per cent this morning, while confirming they are not likely to rise till the second half of next year.
![Kiwi dollar stumbles as investors move back to greenback](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwi dollar stumbles as investors move back to greenback
The kiwi dollar has fallen below 75US cents as more signs of recovery in the US economy are seen.
![Governor tipped to raise rate sooner](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Governor tipped to raise rate sooner
The Reserve Bank is expected to signal on Thursday an earlier start to interest-rate tightening.
![Home loan affordability worst in nearly a year](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Home loan affordability worst in nearly a year
Rising house prices and interest rates have combined to weaken home loan affordability to its worst level since December 2008.
![Deposit rates on rise](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Deposit rates on rise
A number of banks and large finance companies have made changes to deposit rates, with rates generally being pushed up.
![Kiwibank raises fixed mortgage rates again](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwibank raises fixed mortgage rates again
Kiwibank is increasing its fixed mortgage rates for the second time this month.