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Banking and finance news

Billions sitting idle: Should banks be more proactive to help us earn interest?
A closer look at which banks prompt customers to get more bang for this buck.

RBNZ to review controversial bank rules, championed by Adrian Orr
Decision comes as banks lobby for loosening of rules.

Builders of Auckland’s abandoned 57-level Seascape tower win $33m claim
Judge: 'I order Shundi to pay the sum in the statutory demand within five working days.'

NZ banking net profit rises to $7.22b amid economic challenges
Profits were in the middle to upper end when compared with other countries.

How Orr’s departure from the RBNZ could benefit banks and lift the OCR
BNZ economist Stephen Toplis issues a warning.

Property Insider: $7 billion Asia-Pacific fund hunts in NZ
Data centres, warehouses, offices, properties under mortgagee sale: asset classes named.

Willis gets advice on overriding controversial RBNZ rules championed by Orr
Finance Minister says some deregulation could boost the economy.

Who could replace Adrian Orr as Reserve Bank Governor?
As Orr departs, what's next for interest rates and the future direction of the RBNZ?

Mansons wins non-notification for $650m Auckland office build
Cliff-top site above Fanshawe St looks towards Viaduct Basin and the Wynyard Quarter.