Tower has warned that the Australian and New Zealand life markets are so significantly underinsured that it is emerging as a major social policy issue.

Auckland

Christchurch

Wellington

Dutch bank, ABN Amro has bought a 40% stake in specialist lender Bluestone.

Wellington

Oamaru, Timaru

Christchurch

Queenstown, Dunedin

Wellington

Wellington

Weekly home loan report: Strong quarterly retail trade data bolstered the case for an interest rate hike next month as the financial markets continue to price in such a scenario and mortgages rates kept rising.

Standard and Poor's suspects many finance companies ratings are in a range where defaults are likely.

Auckland

Wellington