Reserve Bank Governor Graeme Wheeler said banks will be subject to restrictions on high loan-to-value ratio (LVR) housing mortgage loans from October 1.

Most western central banks do not entrust interest rate decisions to committees with external members - the model favoured by the Green and Labour Parties - a Reserve Bank study found.

Three directors of Dominion Finance and North South Finance were all sentenced to at least 10 months' home detention today.

Whether you own your own or rent can have a big impact on the kind of lifestyle you have in retirement, says Massey University.

ASB Bank boss Barbara Chapman is hoping the bank will continue its strong growth run but says it faces headwinds as borrowers switch to fixed mortgage rates .

As curbs on lending to home buyers with low deposits draw closer, one question that arises is how banks will do the rationing, writes Brian Fallow.

More than one in three people signed up to KiwiSaver don't know how much money they have in their retirement savings account.

House prices dipped last month, says the Real Estate Institute, but the number of properties changing hands was up more than 10 per cent from the month before.

Former South Canterbury Finance chief executive Lachie John McLeod is to stand trial on five fraud charges in relation to the failure of the company.