
Fighting fund to finance TPP battle
New Zealand businesses are planning a "fighting fund" for a pro-TPP campaign once a deal is finished and in the public arena, Prime Minister John Key was told.
New Zealand businesses are planning a "fighting fund" for a pro-TPP campaign once a deal is finished and in the public arena, Prime Minister John Key was told.
The New Zealand share market has continued its record-breaking run, with the NZX50 Index hitting its highest ever point.
Loan to value ratios on bank mortgage lending could be in for a change this week when the Reserve Bank releases its financial stability report.
I've failed. It would appear that personal finance journalists' budgets are a bit like builders' houses. Never quite sorted out.
The NZ dollar fell below a key support level of 77 US cents, driven by optimism about the outlook for the world's largest economy.
Aussie barman managed to steal more than A$1.6 million and spent wildly on private jets, prostitutes and gambling.
The New Zealand economy has managed the ultimate "Houdini" act by avoiding the inflationary pressures that usually go along with strong growth, Westpac said.
Westpac NZ's record annual cash profit of $864m confirms a bumper year for the big banks. In fact, at $4.1b, that's almost $1000 for every man, woman and child in NZ.
Westpac NZ has reported a 13 per cent rise in annual cash earnings to $864m helped by a rise in lending and improving bad debts.
The Commerce Commission has missed its own deadline on whether it will file court action against three banks involved in its interest rate swaps probe.
Summer holidays are coming but Eli and Wyndi Tagi won't be expecting to switch off their phones.
Banks are offering cash, TVs and furniture vouchers to entice customers into taking out home loans - but experts warn consumers not to be taken in.
ANZ New Zealand's profit climbed $343 million in the past 12 months to a record $1.71 billion.
The Co-operative Bank has lost a High Court bid to stop a financial services group using the word co-op in its name.
Bank of New Zealand is watching dairy prices closely but has faith in farmers' ability to manage finances through dips in the commodities cycle, says chief executive Anthony Healy.
The boss of the FMA says poor KiwiSaver advice and reckless selling of financial products will be key focus areas for the regulator.
A resurgent US dollar and more bearish talk from the Reserve Bank combined to drive the kiwi dollar 2pc lower in active trading this morning.