
Odds on March rise in OCR
Most forecasters believe the Reserve Bank will avoid raising interest rates on Thursday.
Most forecasters believe the Reserve Bank will avoid raising interest rates on Thursday.
Investment market players are gearing up for the biggest shake-up in more than decade.
Visiting expert points to Christchurch as example of cities or cultures that struggle to recover after catastrophe.
Almost 39,000 people have now signed up to take part in legal action against alleged unfair penalty fees charged by New Zealand banks.
The dollar fell against the greenback amid speculation the Federal Reserve will further trim its bond buying programme next week.
Major banks are "stress-testing" mortgage borrowers to ensure they will be able to meet repayments when higher interest rates hit.
Accelerating inflation isn't expected to sway the Reserve Bank from a March rate hike, as rising consumer prices firm up the outlook of a strengthening economy.
The NZ dollar was little changed ahead of local inflation data which is expected to inform the Reserve Bank's decision when it reviews monetary policy next week.
The latest deal from a New Zealand bank to lure in new customers with "free" money and zero fees comes with a warning tag from financial experts.
The Kiwi dollar climbed to a new eight-year high after weak Aussie jobs data highlighted divergent interest rate outlooks between the neighbouring economies.
The New Zealand dollar touched an eight-year against its trans-Tasman counterpart ahead of Australia employment figures.
The NZ dollar gained after weaker than expected US employment figures on Friday sapped optimism over the pace of the Fed's plans to scale back its asset purchase programme.
Banks are showing more interest in making low-deposit home loans after cutting back hard before Christmas, but it is mainly investors who are taking advantage.
Auckland's average house price rose to a record in December as property values benefited from a lack of supply heading into summer.
Federal Reserve chairman Ben Bernanke has predicted a stronger year for the US economy in 2014.
Full amount of directors' insurance policy available to satisfy any settlement of claim, decides Supreme Court.