Customers unhappy with their pre-approved loans being pulled by ASB are being encouraged to take the issue up with the Banking Ombudsman.

An academic is warning savers to be wary of promises made by KiwiSaver providers.

A Kiwibank mortgage manager has been reined in after wrongly telling a customer it was pulling low deposit pre-approvals.

Labour is promising to dump the Reserve Bank's new home loan restrictions - for first home buyers only.

Researchers at Westpac have painted a bright future for the tourism sector.

Fonterra has once again raised its farmgate milk price for the 2013-14 season, this time by 50c to a record $8.30 per kg of milk solids.

Finance Minister Bill English says ASB Bank has "let down" customers by cancelling home loan approvals as a result of new lending restrictions.

After being in the doldrums for most of the last 10 years, the tourism sector is being tipped to go through an upturn.

ASB Bank has cancelled all pre-approvals for home loans over the 80 per cent loan to value ratio with effect from October 4.

Banks have already started tightening up their lending criteria for customers seeking low-deposit mortgages, despite new regulations not kicking in until next month.

Ann Butler's $6.8m mansion is so big that probation staff were unsure if the whole house could be electronically monitored while she's on home detention.

An overhaul of capital markets law is expected to open the door for out-of-pocket investors to launch big civil cases against those involved with misleading offers.

New figures show national property prices were up $5,000 in August, taking the national median price to $390,000.

Bond markets have undergone a sea change during the last few months, say fixed interest specialists.

I love nostalgia. Everything seems better viewed through the prism of the past. Big events certainly seem less terrifying.

Investment leaders tell markets reporter Tamsyn Parker what the US bank's collapse meant to them, and whether something similar could happen again

Young people are making mortgage inquiries at a record rate to beat home-loan restrictions which begin on October 1, a credit bureau says.

There's been a big jump in the number of younger people trying to get mortgages ahead of new Reserve Bank low-deposit lending rules, says credit agency Veda.

The case for higher interest rates gained more weight today after subtle shifts in the Reserve Bank's language were interpreted as being more hawkish.