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Latest FromWestpac Banking Corporation
Other banks expected to follow ANZ cut
ANZ National Bank has slashed its variable home mortgage rates - putting pressure on other banks to follow suit.
Kiwi dollar keeps sliding
The New Zealand dollar continued to fall against the greenback after US markets felt the impact of moves by US President Barack Obama to curb bank risk-taking which would in turn hit banks' profits.
OCR tipped to rise by June
Economists are picking the Reserve Bank to start lifting the Official Cash Rate by at least the end of June.
Auckland Airport buys stake in Queensland airports
Auckland International Airport says it is spending $166m on a 24.55pc stake in the company that owns two airports in Queensland.