Reserve Bank governor Graeme Wheeler has scotched claims by the Green Party that he has a bias in favour of the country’s Australian-owned banks, and defended statements saying the lenders’ return on equity is still below pre-crisis levels. Wheeler, who delivers his maiden monetary policy statement on Thursday, released bank profitability figures given to the Greens, which he used to …

New Zealand commodity prices rose for a fourth straight month in November, led by pelts, beef and wood pulp. Lamb prices fell to a 31-month low. The ANZ Commodity Price Index rose 1 percent last month with 10 commodity prices gaining, four declining and three unchanged. A firmer New Zealand dollar meant the gain in the ANZ NZD Commodity price …

ASX-listed streaming and on-demand video supplier Quickflix has cut a deal with Freeview to secure a channel on the free-to-air set-top-box. Quickflix, which has lost three board members and its chief executive in recent weeks, will launch a service on Freeview next year, offering ‘all you can view’ subscription offering as well as pay-per-view for new release titles, it said …