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Reader poll

About the same.
24% (60 votes)
Better off.
22% (54 votes)
Much worse off.
19% (47 votes)
Much better off.
18% (45 votes)
Worse off.
18% (44 votes)
Total voters: 250

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All news stories

S&P changes how it rates finance companies

Standard & Poor's revamps credit rating methodology for finance companies moving to more prescriptive approach

TSB NIM up, CTI down in June quarter

TSB June quarter profit rises 6.4% with lending growing but deposits shrinking

Who is better off ?

We compare home loan and term deposit interest rates on either side of the Tasman, seeking to find where the rate advantages for bank clients are

What happened today

A review of things you need to know before you go home on Wednesday; ANZ launches hot rate, NZ 7th best, Q1 no building fluke, Rents bounce up, Akl house prices fall, swap rates steepen

A mixed bag at apartment auction

Two sell under the hammer, two passed in at City Sales apartment auction

'Putting our balance sheet where our mouth is'

ASB rural boss Steve Jurkovich encourages farmers to front foot environmental issues with the urban population

ASB picks house prices to keep rising

ASB says house prices are likely to start rising again but at a slower pace than previously seen

The Weekly Dairy Report

Fonterra invests for the future but auction prices still falling

Auckland house prices down in August

Barfoot's median selling price dropped by $15,000 in August, with sales volumes down 7.5%, as the market goes into wait and see mode; 'Spring lift some weeks off'

ANZ predicts $5.1b annual drop in dairy revenue

ANZ cuts its Fonterra 2014-15 milk price forecast to $5.25/kg MS, which would represent a $5.1b annual drop in farmers' revenue; ASB's $5.80 forecast under review, Westpac sees downside risks too

Cunliffe's 'show me the CGT' moment

Key trips up Cunliffe over whether CGT applies to family homes in trusts (it doesn't); Key hints at tax cut; National's land buying plan; National down in Roy Morgan poll, but Key up in 3 News poll

NZD opens lower

Lower dairy prices and better US data combine to drive the Kiwi dollar down; gold and oil also significantly lower

NZD reacts to lower dairy prices

Prices for NZ’s exports at a 17-month low, NZD down -0.7% with BNZ expecting dips toward 82.8 USc

US Treasury yields surge

The US bond market back from the long weekend on a tear, boosted by strong US data

90 seconds at 9 am: Commodity prices sink

US construction and manufacturing expanding strongly; Switzerland stalls; surprise rise in Japanese pay; dairy prices fall 6%; oil and gold sink; NZ$1 = US$0.831, TWI = 78.4

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 Tuesday

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

Feature of the Week

Problem reading the charts