
Key 'potentially' backs new restrictions
Prime Minister John Key says he "potentially" supports income-related restrictions on mortgage lending.
Prime Minister John Key says he "potentially" supports income-related restrictions on mortgage lending.
ASB is the fourth major bank to impose lending restrictions on foreign home buyers.
Liquidators of LDC Finance have reached a $3.8 million settlement firm's former directors, trustee and auditor.
Here are some tips to save some extra cash once your children move out of home.
The decision of banks to stop lending to foreign house buyers appears to have taken everyone by surprise.
The Reserve Bank is about to undertake a major review of the capital regime for New Zealand's retail banks.
BNZ has joined ANZ Bank and Westpac's local unit in restricting mortgage lending for foreign property buyers.
Two of our biggest banks will no longer lend to overseas-based buyers of New Zealand property.
TSB Bank, the Taranaki community-owned bank, more than doubled annual profit.
COMMENT: Does tertiary education needs a new approach?
Pressure is coming on Govt to fix rules that are effectively stopping banks from helping foreign workers to send money home.
Heartland Bank has told investors it is monitoring the dairy sector "with close attention".
COMMENT: After money was stolen from through the SWIFT network, it is clear how easy it is for hackers to take advantage of customers online.
Details of the case against Milford Asset Management's Mark Warminger were revealed in court today.
The FMA says it doesn't believe an information pack for shareholders on the merits of a takeover by Shanghai Maling was misleading.
Financial Markets Authority boss Rob Everett delivered the speech reflecting on the organisation five years after it was established.
The Reserve Bank has softened the policies it's looking at imposing for banks that outsource some of their services.
A majority of Kiwis believe they are being over-charged by their bank for fees and other charges, a survey by Consumer New Zealand revealed.
Convicted South Canterbury Finance director Ed Sullivan has been censured by a lawyer's tribunal for the third time in less than a decade.
KiwiSaver providers have been told by the market regulator to stop treating members as 'cash cows'.
ANZ says its KiwiSaver members took our $148m of retirement savings to buy their first home last year.
It's the lowest rate since the bank began in 2002, and the first rate from a major bank under 4 per cent.
The top ranked bank accounts for children have been unveiled, offering higher interest rates than most adult accounts.
Despite their use falling dramatically, problems with cheques have increased.
New lending restrictions to prevent people borrowing too much relative to their income are on the cards.
The Reserve Bank says housing and dairy debt are major risks to the economy and changes to LVRs are possible.
ANZ's operation in the country is reportedly reducing exposure to struggling industrial sectors and "cherry-picking" higher quality customers.
An online banking blip left some BNZ customers out of pocket and embarrassed this afternoon.
Wall St has figured out a way to squeeze some extra income from these stocks. And German taxpayers pay for it.