Banks have slashed interest rates after the Official Cash Rate was cut to a record low of 2.5 per cent.

BNZ and Kiwibank have joined the other banks and cut mortgage rates.

Sister banks ANZ and National have cut mortgage interest rates.

The receivers of Equitable Mortgages say it's too soon to say how much of the property lender's $188.4m worth of loans they are likely to recover.

Would banks pass on any OCR cut?

Both Huljich and Fidelity have recently made significant changes to their KiwiSaver businesses that point to a slowdown dead ahead.

Winning lotto ticket a bonus in Auckland man's annual handmade Christmas card from his 13-year-old son.

A Kiwi mum who witnessed her husband's murder at the hands of "greedy" family members in India says she is still traumatised.

I worry that the banks are trying to unleash those animal spirits in the housing markets again.

The financial market now expects the Reserve Bank will not increase the OCR from 3 to 3.25 per cent until June next year.

The housing market has started to simmer again.

Taxpayers could be paying as much as $178 million to bail out a failed finance company owned by one of NZ's wealthiest families.