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![Auckland house prices stable in June](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Auckland house prices stable in June
Auckland house prices edged up for a second month in June in the face of fewer listings and intense demand among property buyers, according to Barfoot & Thompson.
![Moody's rates Australian economy an upbeat AAA](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Moody's rates Australian economy an upbeat AAA
Moody's Investors Service has given the Australian economy an upbeat assessment and says its currency's rating remains stable.
![Rates hike not the way to stop house bubble](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Rates hike not the way to stop house bubble
The Reserve Bank says raising interest rates now isn't the right policy response to an overheated housing market.
![China fall spooks markets](/pf/resources/images/placeholders/placeholder_l.png?d=793)
China fall spooks markets
Markets across the region were further rattled yesterday as the Chinese stockmarket fell to its lowest level in four years.
![New low for MRP shares](/pf/resources/images/placeholders/placeholder_l.png?d=793)
New low for MRP shares
Mighty River Power shares slumped to a new low of $2.23 this morning as the local stock exchange followed world markets down, reaching its lowest point in a month.
![World shares, bonds drop on Fed taper news](/pf/resources/images/placeholders/placeholder_l.png?d=793)
World shares, bonds drop on Fed taper news
Wall Street has declined after Fed chairman Ben Bernanke said the central bank may begin tapering its US$85 billion-a-month bond-buying program later this year.
![Gareth Morgan: Those with means should buy 'multiple houses'](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Gareth Morgan: Those with means should buy 'multiple houses'
If the market distortion is going to persist then those with the means should be buying multiple houses, they can't do anything but go up in value, writes Gareth Morgan.
![Norman won't win finance job: Shearer](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Norman won't win finance job: Shearer
The Greens back down on their print money policy is good - but co-leader Russel Norman shouldn't expect to be finance minister in a Labour-led government.