Investors who have joined the KiwiSaver scheme generally think they made the right decision though they fret about future government meddling with the programme, according to an ING (NZ) survey.

Canterbury Mortgage Finance suspended withdrawals until at least March next year after an "unprecedented" number of requests for withdrawals.

Debenture holders in Capital & Merchant Finance will recover no more than 8% of their investment in the failed firm, less than originally estimated, according to receivers Grant Thornton.

The Reserve Bank of New Zealand is likely to cut interest rates in the next three months as growing evidence of a slump in economic growth outweighs concern about speeding inflation.

Managers and directors of Strategic Finance, including chief executive Kerry Finnigan, have teamed with Halifax Bank of Scotland unit BOS International to buy out their firm, gaining access to more credit and funds.

New Zealand applications for home loans fell 21% in the first half from a year earlier, according to a survey by Veda Advantage, the nation's biggest credit information service.

Bridgecorp Ltd. and executive directors Rod Petricevic and Robert Roest face criminal charges over alleged false statements in a company prospectus.