South Canterbury Finance is blaming a 39% plunge in its preference share price on a financial adviser who told clients it will struggle to get a new cornerstone investor

ASB has been first off the mark again to increase mortgage rates nearly a week after the Reserve Bank increased the official cash rate (OCR) by 25 basis points to 3.00%.

It was not the Reserve Bank's actions but rather its words last week which have caused a stir in the market, with its guarded stance and specific references to a more gradual series of hikes sending the market reeling according to ANZ.

ANZ has revealed the new name for the ING business which it took full ownership of last year.

The receivers for Rockforte Finance are unsure how much they will be able to claw back for investors due to the failed minnow finance company’s practice of refinancing non-performing loans.

Book your Standard Set B exam now; More details on what the government guarantee actually covers; Three quarters of family trusts broken; Buffet fund buy-back.

Hawkins' Cynotech eyeing up Unlisted; Marac confirms GMAC purchase; NZF renews facility; Shareholders' Association mulls looking into debt markets; SCF listed bond yields edge down.

Tower wants men to shed the “she’ll be right attitude” to their health and start to man-up.

If the movies are to be believed, gold bullion is reserved for super wealthy villains such as Goldfinger, but bullion trader Marianne Findlay from New Zealand Mint (NZ Mint) paints a very different picture.

The week ends with the Code of Conduct finally being passed onto the Commissioner of Financial Advisers for approval. Also we look back as last week's IFA Conference.

BNZ has adopted a central rate hike scenario of the peak being 5.5% instead of 6%, with one pause in the cycle in January and another in June next year as a result of yesterday's Reserve Bank statement and recent events.