Banking and financeNZ economy the 'ultimate Houdini'The New Zealand economy has managed the ultimate "Houdini" act by avoiding the inflationary pressures that usually go along with strong growth, Westpac said.03 Nov 10:40 PM
Banking and financeBanks' profits explode as bad debts goWestpac NZ's record annual cash profit of $864m confirms a bumper year for the big banks. In fact, at $4.1b, that's almost $1000 for every man, woman and child in NZ.03 Nov 04:00 PM
BDBDBanking and financeWestpac earnings up on home loans, servicesWestpac NZ has reported a 13 per cent rise in annual cash earnings to $864m helped by a rise in lending and improving bad debts.02 Nov 10:39 PM
Banking and financeMarket waiting on rate swaps probeThe Commerce Commission has missed its own deadline on whether it will file court action against three banks involved in its interest rate swaps probe.02 Nov 04:00 PM
Banking and financeGrowth beckons for busy parentsSummer holidays are coming but Eli and Wyndi Tagi won't be expecting to switch off their phones.01 Nov 02:02 AM
OpinionDiana ClementDiana Clement: Mortgage options available to get up ladderGetting a mortgage is much harder than it was before the global financial crisis. No longer will banks lend willy-nilly.31 Oct 11:04 PM
BDBDBanking and financeBrand merger helps ANZ's profits soarANZ New Zealand boosted annual earnings 17 per cent as the local unit of Australia & New Zealand Banking Group benefited from home loan lending growth and bedded down savings from the integration of the National Bank brand.31 Oct 04:00 PM
Banking and financeGenerous banks lure in clientsBanks are offering cash, TVs and furniture vouchers to entice customers into taking out home loans - but experts warn consumers not to be taken in.31 Oct 04:00 PM
BDBDBanking and financeANZ profit surges $343m to $1.71bANZ New Zealand's profit climbed $343 million in the past 12 months to a record $1.71 billion.30 Oct 10:44 PM
Banking and financeCo-op Bank loses fight over its nameThe Co-operative Bank has lost a High Court bid to stop a financial services group using the word co-op in its name.30 Oct 09:30 PM
Banking and financeBNZ confident dairy farmers can manageBank of New Zealand is watching dairy prices closely but has faith in farmers' ability to manage finances through dips in the commodities cycle, says chief executive Anthony Healy.30 Oct 04:00 PM
Banking and financeMarket watchdog targets bad KiwiSaver adviceThe boss of the FMA says poor KiwiSaver advice and reckless selling of financial products will be key focus areas for the regulator.29 Oct 10:30 PM
Banking and financeNZ dollar dives 2pc in morning tradingA resurgent US dollar and more bearish talk from the Reserve Bank combined to drive the kiwi dollar 2pc lower in active trading this morning.29 Oct 09:42 PM
Banking and financeBusiness shows more confidenceBusiness confidence has rebounded in ANZ's monthly survey, the first since the general election.29 Oct 04:00 PM
Banking and financeHolding rate gets support from boardIf the Reserve Bank leaves the official cash rate on hold at 3.5 per cent today it will be the right call, the NZIER's shadow monetary policy board believes.29 Oct 04:00 PM
Banking and financeAuditor flags reliance on bankPumpkin Patch auditor PwC says the former high-flying retailer may have difficulty continuing as a going concern if it is unable to comply with banking covenant agreements with its bank, the ANZ.29 Oct 04:00 PM
Banking and financeTaxpayer bill for SCF case nears $1.5mThe taxpayer's bill for the South Canterbury Finance prosecution could be nearing $1.5 million and might balloon if acquitted defendants push for costs.28 Oct 04:00 PM
Banking and financeANZ workers resume strike actionWorkers at numerous ANZ branches around the country will resume strike action against the bank today at various times, including in nine branches around Auckland.23 Oct 08:59 PM
OpinionBrian FallowBrian Fallow: Wealth gap goes mainstreamIt is a sign that the times, they are a-changin' when leading central bankers, of all people, are publicly deploring prevailing levels of, and trends in, inequality.23 Oct 08:30 PM
