New Zealand's tourist numbers reached 2.5 million for the first time in a 12-month period in June as Australians kept coming across the ditch for a cheap holiday, though economists warn the golden weather may have passed. More.
Rising interest rates are putting the bite on New Zealanders, with 36 percent of households planning to use credit to pay for bills and expenses in coming months, according to a new survey. More.
Apple has overtaken Microsoft to become the most valuable technology company on optimism it can keep adding customers for its iPhone, Macintosh computer and iPad. Apple's market value is currently at US$222.1 billion ($334 billion), higher than Microsoft's US$219.2 billion. More.
House values across the country are losing ground because of cautious buyers and high levels of distressed sales pulling down prices. More.
The Government's fiscal position for the 11 months to the end of May was better than expected, with tax revenues slightly ahead of forecast and spending slightly below. More.
State-owned Landcorp Farming has thrown its hat into the ring to buy 16 farms from the receivers of the Crafar empire. Landcorp chief executive Chris Kelly said the board supported a recommendation by management to place a bid for the farms. More.
Kiwibank, which let its rivals in cutting two-year fixed home loan rates last week, has now followed them by reducing its three, four and five year rates. More.
