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Tasman gap gives KiwiSavers little choice
KiwiSaver is a fantastic long-term superannuation scheme but it has one major drawback: limited domestic investment opportunities.
Fewer than 100 jobs at risk - BNZ
The bank has confirmed it may restructure parts of its business and the Herald understands up to 500 jobs could be affected.
BNZ restructure: Job losses expected
BNZ has confirmed it may restructure parts of its business and the Herald understands hundreds of jobs could be affected.
Tighter bank loans may throttle housing
Auckland property developers fear that a sudden tightening of bank lending may "throttle" new housing projects despite the city's desperate housing shortage.
BNZ profits fall 16 per cent
A 16 per cent drop in the Bank of New Zealand's net profit after tax was due mainly to lower gains on financial instruments, affected
BNZ cash earnings drop 3pc on dairy downturn
National Australia Bank's New Zealand cash earnings dropped 3 per cent in its first half as the lender took impairments against its rural loan book.
Banks facing hefty challenges
The A$30 billion combined annual cash profit reported by Australasia's big four banking giants is an eye-popping figure by anyone's measure.
Booming BNZ sets aside rural cushion
BNZ has cracked the billion dollar profit level, but has put aside a big pile of cash for potential bad debts from its rural customers.
Deadline for Aussie bank class action
National Australia Bank customers seeking to reclaim "unfairly charged" exception fees have to register today.
Solid Energy drug tests nab 28 workers
Solid Energy's random drug and alcohol tests nabbed 28 offenders in the year to July, more than a third less than the previous year.
Big banks' record profits
New Zealand's big four banks collectively made more than $3.5 billion in the last year in another record year for the sector.
Big Aussie banks rack up $31b in profits
The big four Australian banks made more than A$27 billion (NZT $31b) in profits in the past year, making Australasia's banking sector one of the world's most successful.
Stock Takes: Mad Butcher's listing details due soon
A prospectus for the Mad Butcher's back door listing is expected to be out next week...
Banks say NZ profits aren't that high
New Zealand's mostly Australian-owned banks are not as profitable as they appear, despite very strong earnings, the NZ Bankers Association says.
ANZ betting on 'power of two'
ANZ Bank sees no rush of customers to rivals with death of National brand.
Charge for bad debt 'unusually low' - BNZ
BNZ had a 64 per cent drop in its provision for bad and doubtful debts in the first half.