Vulnerable borrowers are becoming enslaved to finance companies and action is needed to protect them, an Auckland budgeting adviser says.

The New Zealand economy is set to grow at a faster pace than most of the countries in the 35-strong OECD.

Tiwai Point aluminium smelter’s financial position has improved to its best level in years, but has renewed its criticism of the high cost of power.

An infant formula exporter says he’s been fielding concerned calls from around the world about Mycoplasma bovis, and the government should be doing more to reassure consumers.

Two Auckland finance companies run by disgraced businessman Allan Hawkins and his son have been fined for “deliberate” offending.

ANZ expects to make a profit of about $50m on the sale of OnePath, which it says would also improve the bank’s reserves and financial strength.

Airbnb says its hosts are happy to pay the new tax proposed by Auckland Council – but the hosts themselves say it could force some of them out of the sector.

The spread of the cattle disease Mycoplasma bovis could lead to losses for banks, the Reserve Bank has warned.

The economy will continue to post solid growth despite downbeat business sentiment, slowing immigration and the Mycoplasma bovis threat, says the Institute of Economic Research.

One of the world’s most recognisable brands has been ticked off by the Commerce Commission after it likely misled customers.