For the latest from the markets we're joined by Belinda Stanley of Craigs Investment Partners.

The Financial Markets Authority says public expectations of what it and the Reserve Bank can do to keep the financial system safe are probably too high.

Westpac expects the Reserve Bank will cut the official cash rate at least twice before the end of the year.

Meanwhile, the biggest company in the sector, Ryman Healthcare, has laid out plans for a major expansion to cope with a rising boom of retirees needing housing and healthcare.

A lift in interest costs and a dip in revenue from redevelopment activity have seen a small drop in the full year underlying profit of the country's third largest rest home operator.

A brief update of movements in the financial sector.

News from the business sector, including a market report.

A brief update of movements in the financial sector.

News from the business sector, including a market report.

The country's annual trade deficit has narrowed to its lowest level in nearly a year as imports fell.