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Ridout concerned about transparency in Australia’s flood recovery package

Business chief Heather Ridout has thrown her support for the federal government's flood recovery package announced today, but reiterated the need for transparency and...

New Zealand May Reduce Rate With Quake Damage Estimate Up to...

The Reserve Bank of New Zealand will cut its benchmark interest rate, swaps traders and some economists say, as ANZ National Bank Ltd. estimated...

Christchurch earthquake: Centre of city faces financial collapse

Central Christchurch is facing financial oblivion, a local business leader says. Paul Lonsdale, manager of the Central City Business Association, said up to two thirds...

Banks optimistic after week in the spotlight

AAP Often criticised for not fronting up to the public, Australia's bank bosses have been almost inescapable in one of the industry's biggest weeks in...