– State-owned lender Kiwibank is back within the terms of its bank registration after the departure of New Zealand Post director Murray Gribben evened up the number of independent directors on the board. Gribben resigned from the boards of New Zealand Post and Kiwibank on Nov. 30 to take up a new role as chief executive of Crown Irrigation Investments, …

– Fewer Auckland houses are selling at auction, total sales were down 7.1 percent in November against October, and homes worth less than $500,000 are selling more slowly, says Auckland real estate agent Barfoot & Thompson. However, managing director Peter Thompson says these trends are not enough to say the Reserve Bank’s lending restrictions on highly leveraged borrowers are having …

NZX cash trading volumes soared in November, the 15th straight monthly gain, in a period that included the stock exchange’s biggest ever trading day accounting for almost a fifth of monthly turnover. The total number of trades rose to 141,143 in November from 114,334 in October, and was up 75 percent from the same month a year earlier, according to …