Latest from Banking and finance
NZ commodity prices rise to new record
New Zealand commodity prices edged up to a new record in May, led by kiwifruit at the start of a new season. Prices in New Zealand dollars fell from a record level as the kiwi dollar climbed.
<i>Bernard Hickey:</i> Kiwibank's foreign borrowing splurge
Kiwibank has revealed it borrowed $927m on short term 'hot' European money markets in five months and has quickly lent on much of it into the housing market.
What price NZ? Land bid tests limits
The latest Chinese bid for the Crafar dairy farms is a key test for new rules on foreign ownership, reports Karyn Scherer
Hubbard asset freeze to be reviewed
The Companies Office has ordered a review of the asset freeze of Timaru businessman Allan Hubbard, who says he is now so broke he can't even afford a funeral.
Hotchin's assets remain frozen
Former Hanover Finance director Mark Hotchin has failed in his bid to overturn a court order freezing his New Zealand-based assets, it was revealed this afternoon.
Frustrated Mayhew fires parting shots
Departing Kiwi says financial markets still need work, reports Karyn Scherer.
Media: Fair Go deal diminishes brand
A deal between a market researcher and Fair Go is bad for the consumer watchdog TV programme.