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All news stories

Mortgage rate drop

After withdrawing its cash incentive, ANZ launches a new one year 'special' home loan rate of 5.75%, a market low

Mortgagee sale bargain

A Gulf Harbour home sells for a bargain basement price at mortgagee auction

ASB 'supporting customers with big ambitions'

ASB's Steve Jurkovich on how the bank aims to continue strong lending growth in its corporate, rural and commercial operations; Says 'we see no shortage of opportunities'

What happened today

A review of things you need to know before you go home on Tuesday; SBS Bank raises TD rates, commodity prices fall, ratings agencies watching bank funding, sovereign spreads narrow, swaps fall

Debunking the post-rebuild hole myth

ANZ economists argue the eventual waning of the Christchurch rebuild won't spell doom & gloom for the wider NZ economy. But there'll be regional specific aspects to manage

The Sheep Deer and Cattle Report

Beef prices running hot and price prospects look sound for velvet

Is this house a building?

Is a transportable home unit in Kaikoura a building? The local council says it is, the government says it isn't

Labour wants urgent Police Inquiry

Updated
Labour calls for urgent Police Inquiry into Collins' links to Hotchin and SFO case; Winston says full Inquiry a bottom line; Greens plan NZ$18/hr minimum wage; Key vs Hooton

Euro sinks against USD

NZD higher on light trading. Euro sinks against USD. Round of central bank decsisons due

The spillover effects of China’s urbanisation

Professor Ang shows how China's urbanisation process is creating an easier path for New Zealand companies to focus their marketing energies, avoiding being swallowed up in the mega-cities

Harmoney goes live

Updated
NZ's first licenced online peer-to-peer lender now up and running

Tough PMIs worldwide

Sleepy trading focuses on weak factory data, but awaits policy decisions from the ECB, Chinese officials, and the RBA

Mortgage demand raises 2yr swap

NZ rates higher but little drive; German rates fall again, ECB expected to cut although markets not certain

90 seconds at 9 am: Aussie factories wither as house prices soar

Factory expansion sinks in Europe and China, does better in Greece, Spain; Aussie housing boom near record while factories wither; CBA to float NZ office properties; NZ$1 = US$0.838, TWI = 79.2

NZ’s biggest problems are the economic ones

Roy Morgan survey shows that three weeks before the election we worry about economic issues most, but suddenly war and terrorism are major concerns too

'Robust demand in the household sector'

Treasury reviews the August economic indicators; expects dairy prices to recover, labour markets to tighten, and stabilisation in the housing markets

Kiwibank's cost to income surge

Kiwibank June quarter cost to income ratio & net interest margins rise as home loan book grows at higher percentage than main rivals

GDP growth outlook being revised down

Roger J Kerr sees a sharp slowdown coming, probably with inflation. He says borrowers should fix, investors should stay short

What happened Monday

A review of things you need to know before you go home on Monday; FinanceNow targets car finance, terms of trade improve, economy expansion moderates, swap rates rise, cash incentives expire

Kiwibank grows credit card marketshare

Helped by Air NZ airports cards, Kiwibank grows credit card marketshare by 40 basis points

Feature of the Week

Problem reading the charts