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All news stories

No imminent core upgrade at Westpac

Westpac's core banking system upgrade precursor with an 'onshore cloud'

What happened today

A review of things you need to know before you go home on Friday; Resimac changes home loan rates, education industry grows, Croxley slims, Tower gets RBNZ tick, Westpac says fix

A New York Yankee in the Wairarapa

Anders Crofoot says the current politics, cultish popularity and the nasty undercurrent today may have turned him away from investing and settling here. Your view?

Valuers lose in scrap with banks

 Valuers say it's time to move on in spat with banks and CoreLogic over valuation clearing houses

'Get in now and fix your borrowings'

Westpac's chief economist Dominick Stephens argues now's a great time to fix loans because financial markets have got it wrong; Your view?

Friday's guest Top 10

David Whitburn on patriotic property investors, asks if house prices are really rising, says capital shouldn't be taxed, outs 'outrageous lie,' calls for a Bright-line test & more

Key and National down in DigiPoll

National and Key down in DigiPoll, but still well ahead of Labour, which also fell; Key's word questioned over Slater's OIA to SIS; Labour would re-open Hillside and keep Invermay

NZD pegging back some loses

NZDUSD back over 84c; disappointing Chinese data; US manufacturing numbers exceeds expectations; gold prices down 1.3%

NZD finding some friends

S&P 500 index hits record highs as US data uniformly surprises to the upside; NZD recovering after dipping on weaker consumer confidence data

Markets underrate OCR hikes

Recent data more likely to see RBNZ resume rate hikes than market pricing assumes, says BNZ. Swaps push higher

90 seconds at 9 am: Gold tumbles

BofA pays another huge fine; US factory and jobs data positive; EU and China PMIs disappoint; gold down sharply, S&P500 up at record; NZ$1 = US$0.84, TWI = 79.2

'Fonterra of forestry' initiative unveiled

Chinese/Australian venture launches United Forestry to become 'Fonterra of forestry' so 14,000 smaller foresters can market NZ$30 bln 'wall of wood'

Westpac's Paymark stake not for sale

Westpac says it has no plans to sell its 25% Paymark stake despite going into competition with Paymark

What happened Thursday

A review of things you need to know before you go home on Thursday; job ads cool, Labour focuses on Dunedin, Aust the backdoor into NZ, consumer confidence down, credit card use slows, swap rates firm

Westpac gets onto IBM's cloud

Updated
Westpac NZ in 5-year services and technology contract with IBM

Annual net migration headed for 50,000

Updated
Net migration rises to 41,000 in year to July; highest since August 2003; Just a net 79 NZers left for Australia in July; Westpac, ANZ now sees net migration hitting 50,000

Key says Greens smoking pot on Budget

Updated
Key says Greens 'smoking pot' with budget surplus promise; Key says knew nothing of SIS briefing on Slater's OIA request because he was on holiday in Hawaii; Key's poll rating slumps

Climate change issues for the election

Suzi Kerr says to get traction on climate change issues in this election, campaigners need to focus on the political aspects including the cultural and social evolution ones. You agree?

Chinese shopping for Canterbury farms

Chinese buyers and corporate investors are increasingly common on Canterbury farms, Bayleys says

Bernard's Top 10 at 10

Why housing is eating the economy; What 10 year bunds under 1% means for everyone; Why 'Uncle House' wants to sell; Cartoons galore; Dilbert

Feature of the Week

Problem reading the charts