Latest fromWestpac Banking Corporation
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.
Part of Christchurch CBD to reopen
Part of central Christchurch will be open for business again from October ahead of Cup and Show Week, one of the city's busiest times of year, under a plan announced this afternoon.
Anonymous tip led to armed call-out, say police
Armed police acting on inaccurate information from an anonymous tipster have been called off patrol in Auckland central.
OIO approves Colorado owner to buy Tegel in $600m leveraged buyout
Affinity Equity Partners, the private equity firm that owned the now in-receivership retailer Colorado Group, has been given clearance to buy Tegel Foods.
ANZ, National Bank split inefficient, says chief exec
ANZ's chief executive Mike Smith says operating two separate banks in New Zealand is inefficient.
NZ dodges recession, 2011 optimism grows
New Zealand avoided a double-dip recession last year, with latest GDP figures showing economic growth of 0.2pc in the December 2010 quarter. Manufacturing activity drove the expansion, up 2.5 per cent.
Runaway millionaire facing 24 more charges
A former Rotorua woman who allegedly left New Zealand with her partner when Westpac mistakenly put $10 million into his account will face 24 new charges when she appears in court next week.
Consumer confidence falls in quake's wake
Respondents less gloomy about own prospects than economy as a whole.
Runaway millionaire's girlfriend vows to fight
Kara Hurring says she's pleased to be home again after skipping the country two years ago
Runaway millionaire to fight charges
One of the accidental millionaires, Kara Hurring, has appeared in court and will fight eight charges of money laundering and one charge of theft of $6,782,000 from Westpac Bank in 2009.