Westpac New Zealand's profit has grown marginally as expenses rose and margins were hit by lower interest rates and tougher competition.

A brief update on the movements in the financial sector

News from the business sector, including a market report.

A brief update of movements in the financial sector.

The rubber products manufacturer Skellerup has bought a British silicone products business for 3-point-3-million-pounds - the equivalent of 6-point-6-million-New Zealand dollars.

For the latest from the markets we're joined by Michael Grace of Jarden Securities.

New Zealand's instinct for innovation and adaptiation appears is thought to be a key driver for strong growth in the tech industry.

Consumer confidence has perked up amid low interest rates and a strong labour market.

Investors in the collapsed CBL Corporation, are accusing its directors of misleading them, breaching disclosure obligations and of insider trading.

A brief update on the movements in the financial sector.