
House loan limits tipped to have only limited impact
New restrictions on property investors could see nationwide house sales fall as much as 25pc in a year, but the effects are likely to be temporary .
New restrictions on property investors could see nationwide house sales fall as much as 25pc in a year, but the effects are likely to be temporary .
Overseas residents bought 1749 out of the 57,678 homes sold in New Zealand between April and June, newly-released data shows.
The next chair of NZ Post's board has been confirmed as Queenstown-based lawyer and company director Jane Taylor.
The dairy giant has stuck with its farmgate milkprice of $4.25.
ASB Bank is punting on Fonterra leaving its 2016/7 farmgate milk price forecast unchanged at $4.25 a kg of milk solids.
Economists say the drop was largely seasonal, as construction remained positive.
Shayne Elliott has ended the era of executive perks at the bank, the AFR says.
The spirit of time spent on the rugby field permeates Martin Gaskell's career.
The legal status of New Zealanders in Australia faces a test after Perth-based Kiwis Charles and Judith Cairns were granted leave
NZ's banks have shrugged off global market turmoil and depressed dairy sector to make a net profit of $1.2 billion in the first three months of this year.
COMMENT: Putting in a loan application is like submitting your CV for a job - you want your best foot forward.
COMMENT: Hard yards are still to come as financial market regulatory rebuild nears its completion.
The Reserve Bank driven the exchange rate down after it signalled a likely cut in the cash rate next month and raised possibility of further reduction.
WATCH: Liam Dann talks to economist Christina Leung and fund manager Matthew Goodson about lending restrictions.
A senior HSBC executive has been released on $1 million bail after being charged with fraud.
A Father's own words may send his son to prison.
All four big banks are now applying new lending restrictions to home loans - six weeks ahead of the Reserve Bank's official September deadline.
COMMENT: If the Government needed another wake-up call it's got one.
The chief executive of New Zealand's largest bank has warned that the property market may face a "messy end".
Watch NZ Herald Focus: Liam Dann says the Reserve Bank will be criticised as a blunt and unwieldy weapon - but there's a need for action.
COMMENT: You? Me? The government? Have your say.
COMMENT: Why are politicians of all colours so afraid? And whose interests are they protecting when they say such falls are "crazy"?
Spoofing consists of placing orders without intending to execute them to trick the market into thinking there's interest.
US equities climbed overnight, lifting the S&P 500 to a new record, after better-than-expected quarterly results from JPMorgan Chase
Older boomers have experienced what is arguably the best-case scenario.
The Government plans to raise the threshold that businesses must meet to make it on to the Financial Services Providers Register over
The Reserve Bank is trying to understand why inflation has undershot expectations over the past six years.
Prosecutors and the defence are gearing up for the last failed finance company trial, more than a decade after failures began to rock
"I hear the moves and make trades," says Vishal Agrawal, a 29-year-old forex trader who became blind nine years ago.
A planned law change is to aid the rise of "robo-advice" in New Zealand and for Kiwis to get more financial guidance online.