Latest fromNational Bank of NZ
Floating mortgages now over 50pc of all NZ home loans
More than half of New Zealand's $168.2b of mortgages are now on floating rates, says the Reserve Bank.
House prices rise to record average
New housing statistics have identified increasing numbers of Auckland suburbs that are out of reach for first-time buyers, with childless big-earners the most likely to be able to buy now.
NZ business confidence plummets
New Zealand business confidence plummeted this month, and while the decline was worst in Canterbury, the latest survey shows gloom has set in nationwide following the devastating earthquake.
ANZ, National Bank split inefficient, says chief exec
ANZ's chief executive Mike Smith says operating two separate banks in New Zealand is inefficient.
ANZ, National banks cut mortgage rates
Sister banks ANZ and National have cut mortgage interest rates.
Earthquake flattens already weak economic outlook: NZIER
The economy will now barely grow at all in 2011, because of a "noxious mix" of spiking global petrol and food prices along with the impact of the second Christchurch earthquake, says NZIER.
Kiwi dollar may fall as Christchurch earthquake costs become known
The New Zealand dollar may extend its losses this week as the cost of the Christchurch earthquake becomes clearer.
ANZ says shift to single IT platform and restructure to cost $220m
ANZ New Zealand says its plans to put the ANZ and National Banks onto one IT platform and restructure management by laying off 45 staff and establishing a new structure will cost it a total of $220m.
Christchurch earthquake: How to donate
Several appeals have been launched to help Cantabrians following today's devastating earthquake. ANZ launched an appeal and announced it would make the first donation, $1 million.
Cops on armed robber's trail
Police are following a number of leads in the hunt for an armed bank robber following a front-page newspaper splash.