
<i>NZ Dollar Outlook:</i> Kiwi to have run at US80c
The New Zealand dollar will try to break above 80 US cents this week after the Federal Reserve said it will start printing US$600 billion.
The New Zealand dollar will try to break above 80 US cents this week after the Federal Reserve said it will start printing US$600 billion.
ASB is dropping the CBA name as it seeks to double its market share in the institutional and corporate banking sector.
A man's first thought was 'to board a flight to Beijing' when he discovered a Westpac bank teller had mistakenly doubled his life savings.
The father of one of the Westpac runaways has gambled away nearly $1 million of the bank's money.
Kiwis captain Benji Marshall led his side to a 24-10 victory over England at Westpac Stadium tonight.
Accidental millionaire Kara Hurring is coming home and plans to be back before Christmas.
New Kiwibank head Paul Brock is urging potential first home buyers not to be spooked and to go out and buy, so long as they can afford to.
The Kiwi dollar will likely extend its run higher this week as the Australian currency looks set to test parity with the greenback, dragging the kiwi along with it.
New Zealand tourism businesses and manufacturers that export to Australia are expected to be the winners from a strengthening Australian dollar.
NZ Post has come out top of a new Corporate Reputation Index, while Telecom has come bottom of the list.
Economists believe GDP stats due out this week will show the NZ economy has expanded less that the Reserve Bank forecasted, confirming that interest rates are on hold for now.