BDBDBanking and financeNew low for MRP sharesMighty 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.20 Jun 11:50 PM
BDBDBanking and financeWorld shares, bonds drop on Fed taper newsWall 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.19 Jun 07:45 PM
OpinionGareth 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.19 Jun 05:30 PM
New ZealandNorman won't win finance job: ShearerThe 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.19 Jun 05:30 PM
EconomyGreens ditch quantitative easing policyThe Green Party has abandoned its policy of quantitative easing - otherwise known as printing money - after almost a year of punishing backlash from political opponents.18 Jun 10:23 PM
Banking and financeFirst-home buyers backed by PMThe Prime Minister John Key believes first-home buyers should be exempt from proposed restrictions to low-deposit home lending.17 Jun 05:30 PM
Banking and financeNZ dollar falls after OCR review (+video)The Reserve Bank has kept its official cash rate unchanged at 2.5 per cent at today's monetary policy statement.13 Jun 12:10 AM
Official Cash RateFall in dollar catches companies by surpriseThe recent drop in the value of the New Zealand dollar against the US currency could have a caught a number of companies off-guard.11 Jun 05:30 PM
EconomySkids go under kiwi dollarAn air of optimism about the US economy has put the skids under the New Zealand dollar and a drop below US78c could herald further falls, market strategists said.10 Jun 05:30 PM
CompaniesLoan limit on Reserve Bank radarThe most difficult aspect of the Reserve Bank's dilemma is that the longer interest rates stay low.09 Jun 05:30 PM
