The Reserve Bank has given a vote of confidence in the strength of New Zealand banks and their ability to cope with any financial crisis.

There has been a falloff in trade since Cyclone Gabrielle, although the port escaped largely unscathed.

Auckland Airport has unveiled a $3.9 billion redevelopment project, which will see it combine its domestic and international terminals prompting warnings that it will force up airfares.

It has cut its forecast after-tax profit to $15-$25 million.

New research shows the country needs to cut resource consent processing times in half to meet its emissions target.

Finance Minister Grant Robertson is confident the economy will see growth by the end of the year.

Rebounding international tourism is buoying optimism in the hotel property sector, as prices remain steady.