Hanover Finance has called in the lawyers to pursue Allied Farmers over allegedly attempting to "evade various contractual obligations to Hanover."

The possibility of a credit rating downgrade for NZ reflects global concerns, and is 'more of a warning' says Finance Minister Bill English.

In the year 2010, nearly 22 years after one of New Zealand's biggest corporate collapses, it's a little unnerving to call accountant

ANZ National bank's local profit climbed in the year to September 30 as it cut its expectations for loan defaults, while the value of its late loans almost doubled.

Investors in failed Strategic Finance could get as little as 12 cents in the dollar after bids for the firm's loan book fell short of expectations.

The version of the free market we had wasn't really free or perfect.

One of NZ's biggest banks is encouraging Kiwis to turn their small change into big bucks via a new savings programme that rounds up spending on eftpos and visa debit transactions.

The "GST-income tax switch" will from tomorrow leave the vast majority of income earners with at least a few more dollars in their pockets each week.

Should savers expect to live off their incomes?