Fonterra's sale of its consumer business to French giant Lactalis will deliver a $3.2 bln tax-free boost for shareholders, ...

A majority of Finance and Expenditure Committee members want the Reserve Bank to scrap all further increases in bank capital ...

Markets cautious ahead of Fed Chair Powell’s speech at Jackson Hole; hawkish soundbites from FOMC members and stronger PMI ...

Several years of negative commentary for the gas industry have continued in the latest annual report from MBIE ...

Ghost tapping' contactless payments fraud is happening in New Zealand, with the police apprehending a Chinese tourist trying to buy luxury goods ...

Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and ...

Heartland Bank beat guidance with a $46.9 million June-year underlying profit and is targeting at least $85 million in the June 2026 year. The bank declared strong growth its reverse mortgages book on ...

Fonterra's now indicating farmer shareholders will get $10.15 per kilogram of milk solids for the season that finished in May ...

Kiwibank grew its loan book by 10% in the June year, but slimmer margins saw profit ease 5%. The bank reported a $191 million profit and said strong balance sheet growth was offset by a lower net ...

Minutes from July FOMC suggest members were more concerned about inflation than employment. The US administration has continued to pressure Federal Reserve officials. Tech stocks decline ...

Fed vote isolates dissenters, Trump goes after a governor; Canada SMEs positive; Taiwan export orders strong; Indonesia cuts; ...