Latest from Official Cash Rate
ASB Bank profit dips, impairments nearly halve
Profits have dipped at ASB Bank, but loan impairment charges have halved.
Fed details US debt shopping plan
The Federal Reserve has voted to buy US Govt debt in a fresh bid to spur the world's biggest economy.
Capitalism 'still the only game in town'
The financial crisis offically began three years ago.
Kiwibank joins rivals, lifts rates
Kiwibank has joined ANZ, Westpac and TSB today, moving to increase floating mortgage rates and cut longer term fixed rates.
Bank runaways still enjoying millions in China
Rotorua's runaway millionaires continue to enjoy their ill-gotten fortune in Hong Kong and there is nothing NZ police can do about it.
<i>Inside Money:</i> OneWay to rebrand a bank
I am going to resist the temptation to make fun of ING's new Australasian name: OnePath.
NZ dollar recovering after yesterday's fall
The NZ dollar is recovering this morning after a sharp fall yesterday.
US unemployed losing hope
World shares have fallen on unexpectedly bad US jobs data.
ASB first big bank to hike rates
The first of the big banks has hiked its floating mortgage rate after the Reserve lifted the Official Cash Rate by 0.25 per cent last week.
US shares up on pleasing jobs data
Stocks in the US advanced as better-than-expected expansion in private-sector jobs and the nation’s services sector eased some of the recent heightened concerns.
Mortgage suspect hit with $1.3m bill
A banker at the centre of an alleged multimillion-dollar mortgage fraud has been ordered to pay nearly $1.3m in damages to his ex-employer.
'Gratuitious sex' bank ad complaint rejected
The Advertising Standards Authority has rejected a complaint that a Rabobank TV ad was a "gratuitous" use of sex appeal to try and sell an unrelated product.
<i>Inside Money:</i> ASB shuts funds and mouth
ASB's decision to close a number of its retail funds caused a bit of a kerfuffle recently but it shouldn't have been a surprise.
Allied Farmers to raise $19.3m in discounted placement, rights issue
Allied Farmers has unveiled a $19.3 million capital raising plan.