Xero is starting to "come up on the foils and sail away" while its massive US rival is "struggling to move online".

The NZ dollar has continued edge amid the ongoing stand-off between US legislators which is threatening a default on debt obligations of the world's biggest economy.

Westpac has confirmed it is withdrawing mortgage pre-approvals for some customers following the introduction of the Reserve Bank's new lending restrictions.

ANZ Bank has defended its penalty fees as fair, saying they reflect extra services provided to customers whose accounts require attention over and above their banking contract.

The number of first home buyers in the market since the introduction of new Reserve Bank mortgage restrictions last month has plummeted, real estate agents are reporting.

The former boss at a Canterbury clothing maker that kitted out some of our sporting heroes has today pleaded guilty to a multi-million dollar "top end" fraud.

NZ tech darling Xero has raised $180m in new capital - but it's not planning new acquisitions. It's "more about building a war chest" says founder Rod Drury.

Problem: you buy the perfect Northland beachfront section, on a calm, gently sloping beach - but how to get from your great smackingly beautiful house to your gigantic multi-level fast.

Another report containing another warning about the need to address rising costs of super has been met with another statement which says: "there's no problem".

New Zealanders who die or leave the country permanently are being replaced by citizens of other nations.

An academic says New Zealand's local stock exchange needs to step up its game.

New Zealand's most expensive new residential project is nearly finished so billionaire Russian steel magnate Alexander Abramov can holiday there soon.

More than 1.7 billion people around the world have downloaded the mobile games.

The debate on retirement income is set to continue today with a major industry group due to release its recommendations on how to supersize New Zealanders' retirement income.

The fraud trial of the former boss at Canterbury clothing manufacturer Lane Walker Rudkin's is due to begin in Christchurch today.

Facebook is getting rid of a privacy feature that lets users limit who can find them on the social network.

The Serious Fraud Office has executed search warrants in its probe of people linked to Auckland Transport.

The last remnant of Graeme Hart's rural empire - a cattle and pig farm at Maramarua - is up for sale.

A trustee company caught in an alleged loan scam advanced $21 million to a property developer or his associates after concerns with a set of borrowers were discussed by staff, a court heard yesterday.