
Rush for home loans
Mortgage approvals reached their highest levels in almost four years last month, as people rushed to make the most of low interest rates.
Mortgage approvals reached their highest levels in almost four years last month, as people rushed to make the most of low interest rates.
New Zealand's investment regulator has no budget to help investors gain a better understanding of where to put their cash.
Claims that late Timaru businessman Allan Hubbard misled investors came as no surprise to those still waiting for money out of his collapsed financial empire.
Timaru businessman Allan Hubbard misled investors in his tangled affairs, says a report written shortly before his death in a car accident in September, 2011.
Economists expect next to no inflation when the December quarter consumer price index is released on Friday.
The local market has been hotter than the mid-January sun for the past few weeks, writes Liam Dann. Market reports have been noting fresh five-year highs nearly every day.
Floating mortgage holders could save more than $700 million this year by switching to a two-year fixed rate, statistics show.
New Year's resolutions are often difficult to stick to and require some upfront investment. But, as John Weekes reports, they can turn out to be money-spinners.
The face of New Zealand business changed over 2012 with a series of senior appointments made to some of the country's top jobs.
Hanover Group Holdings has lost its High Court fight with insurance giant AIG over a policy worth up to $20 million.
Three jailed directors of failed finance company Capital + Merchant have failed in their appeal against their sentences and convictions.