Public Policy

"The Minister of Housing Chris Bishop's ambition is to reduce markedly the ratio of house prices to household incomes. If his strategy works it would transform the housing market, dramatically changing the prospects of housing as an investment."

by Brian Easton

Personal Finance

"With falling wholesale benchmarks and low and falling loan demand, there's no good commercial reason for banks to hold term deposit offer rates high, as much as some savers 'wish' that to happen."

by David Chaston

Pillar 3

Westpac NZ reports bad loans

Westpac NZ reports bad loans of A$230 mln for June qtr, including 2 loans for A$135 mln

21st Aug 09, 12:39pm

by Bernard Hickey

Westpac NZ reports bad loans of A$230 mln for June qtr, including 2 loans for A$135 mln

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