Latest fromBanking
Seymour gazumps Bayly, scrapping 'buy now, pay later' fee rules
BNPL provider Afterpay assures it won't hike fees.
Construction sector suspected suicides: 80 died last year, highest on record
Data from Coronial Services dating back to 2007 shows record 2023 suicide numbers.
Westpac Australia names its next CEO
Peter King is retiring after a 30-year career with Westpac - five as chief executive.
Markets with Madison: Financial stability
Economic pain has forced the Reserve Bank to cut interest rates and introduce new lending regulations. How worried is the Deputy Governor about our financial system?
Bank balances shoot up as savers rush to lock in high interest rates
What will happen to all these funds as interest rates fall?
'Just hang up': Pensioner's devices hacked, identity stolen during cunning Spark scam
The scammer spoke to the pensioner by phone for three hours while controlling his devices.
Lending rules easing: Directors and managers no longer personally liable for breaches
Minister Andrew Bayly believes number of changes will make it easier to get a loan.
Ponsonby’s Chapel Bar & Bistro: Who is claiming money, how much is owed
List of creditors just released shows IRD, bank, food and drink suppliers are owed money.
'We can't sleep': Couple fear for future, loan on Du Val unit axed
Meanwhile, a decision on media access to court and receivership files has been reserved.
'Plague of our times': banks devoting more to scam fight
Australia's 'Big Four' banks are setting aside more resources to fight scams.
Watchdog launches probe after Westpac helped pensioner withdraw $300k cash
It's alleged staff stuffed $23k into an envelope and handed it to the 89-year-old widow.
Australia’s top banker defends lifting bonus caps
Financial Times: CEO says competition in mortgage market trumps regulators’ concerns.
Westpac cuts home loan rates as highly competitive market continues
Westpac now has the lowest advertised two-year rate among the five major banks.
Bank-switching among mortgage holders hits record high
The Commerce Commission believes banks could still make it cheaper for customers to leave.
KiwiSaver fund that has returned nearly 400%
KiwiSaver has seen remarkable growth this year, particularly in more aggressive funds.
Watchdog launches probe after Westpac customer loses $323k in scam, bank CEO 'sorry' for huge loss
Westpac's CEO is confident it had acted appropriately and 'exercised our duty of care'.
TSB fined $2.47m for charging ‘unreasonable’ fees
The Commerce Commission took legal action after TSB self-reported the issue.
Cambodian baker migrants fail to get order to stop BNZ selling Auckland home
BNZ became concerned that it made the loan based on false information presented to it.
ANZ customers experiencing difficulties with card transactions
The issue is only impacting online and fuel purchases.
Class action against ASB, ANZ could have 100,000 customers
The multimillion-dollar claim was filed in the Auckland High Court in 2021.
Editorial: Boosting Kiwibank a no-brainer but finding right investors key
OPINION: Outside investors in Kiwibank will need to have the right priorities.