Interest rate cuts and spending packages around the world in developed economies look imminent as policy makers move to counter the economic impact of the covid-19 virus.

A lawyer for the investors attempting to sue ANZ Bank over the collapsed Ross Asset Management , has told the court the bank is liable for dishonest assistance.

A brief update on the movements in the financial sector.

News from the business sector, including a market report.

A brief update from the business sector.

KiwiSaver providers are still sizing up the cost and scale of divesting from fossil fuels, like oil and gas or mining companies.

Investors in the failed Ross Asset Management and the ANZ Bank have been in the High Court in Wellington this morning. Our reporter Emma Hatton has been in court this morning.

The Reserve Bank and the government are going to be forced to cut interest rates and support industries and businesses because of the coronavirus, according to the ANZ Bank.

For the latest from the markets we're joined by Mark Fowler of Hobson Wealth Partners.

A brief update on the movements in the financial sector.