Treasury has suggested the RBNZ could pay no interest on some of the money it holds overnight, but the central bank says the risks of that approach outweigh any gains.
Napier Port's CEO, Todd Dawson, argues that the rest of the country can learn a lot from the port’s partial privatisation.
While Westpac is raising its floating and fixed-term mortgage rates out to two years, it has cut its three-to-five-year fixed rates.
Reserve Bank researcher Andrew Coleman says increased demand for better quality housing is one of the reasons house prices rose.