The Government's to rely on moral suasion to force some key changes on banks. Gareth Vaughan asks whether this will work

Canada shows resilience; India borrowing at record; China data mixed with some quite puzzling; mineral screws tighten; EU trade rises; UST 10yr at 4.14%; gold drops and oil recovers some; NZ$1 = 56.8 USc; TWI-5 = 61.4

Fewer properties being auctioned and fewer selling under the hammer

Auckland Councillor says if politicians don’t take the lead on climate change adaptation, ‘it’s going to be done in a pretty blunt way because reinsurers are not going to back it up’