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Latest from Banking and finance

Crafar says overseas buyers may bail him out
The former head of NZ's biggest private dairy operation is talking to foreign interests in an attempt to trade his way out of debt.

Sth Canty $191m in the red, but still optimistic
South Canterbury Finance's loss has reached $191 million for its half-year.

Petricevic in line to face $1m fraud case
The Serious Fraud Office is investigating claims that Bridgecorp boss Rod Petricevic used investors' money to pay $1m to a company run by a woman he was in a relationship with.

<i>Martin Hawes:</i> Modern solution to an old problem
Credit cards have reduced our apparent ability to budget - but at a price.