Banking and financeASB unveils $400m capital raising planASB Bank wants to raise up to $400 million in a fixed interest offer that it intends to list on the New Zealand share market.16 Mar 11:10 PM
Banking and financeKiwibank hikes rates - who's next?Kiwibank has announced it will lift its home loan rates in response to yesterday's Reserve Bank decision to increase the Official Cash Rate.13 Mar 10:12 PM
Banking and financeHeat on mortgage holdersHomeowners are being warned to prepare for harder times as the days of low interest rates come to an end.13 Mar 04:30 PM
Banking and financeFull steam ahead on interest rate risesReserve Bank governor Graeme Wheeler has signalled an aggressive, front-loaded start to the interest rate cycle now under way.13 Mar 04:30 PM
Banking and financeDollar jumps on OCR hikeThe New Zealand dollar jumped to a five-month high after the Reserve Bank raised the benchmark interest rate as expected and signalled further hikes are on the way.12 Mar 10:20 PM
BDBDBanking and financeStronger kiwi dollar for longer - RBNZThe Kiwi dollar will stay at an elevated level for longer than previously thought as the local economic story finds favour with foreign investors.12 Mar 08:24 PM
Banking and financeSCF: 'Smoke and mirrors'A "culture of obfuscation" prevailed at South Canterbury Finance before its $1.6b govt bailout, where directors talked about dealing with "smoke and mirrors" and "half truths".12 Mar 05:40 AM
Banking and finance$18.9m Bridgecorp settlement reachedThree convicted Bridgecorp directors have reached an $18.9 million settlement with the failed finance company's receivers.11 Mar 10:58 PM
Banking and financeNZ's biggest-ever fraud trial delayedA throwaway comment at a law conference last week by the boss of the Serious Fraud Office has delayed the start of the South Canterbury Finance fraud trial.11 Mar 10:40 PM
Banking and financeNZ biggest-ever fraud trial beginsThe trial of three former heads of South Canterbury Finance in what is alleged to be New Zealand's biggest ever fraud case begins in Timaru today.11 Mar 08:00 PM
Banking and financeLending restrictions putting brakes on marketReserve Bank mortgage lending restrictions are cooling the housing market, a top economist says, because national sales volumes have fallen 13.4 per cent since October.11 Mar 04:30 PM
OpinionFran O'SullivanFran O'Sullivan: China currency deal on the cardsFran O'Sullivan asks: "Will all the chess pieces be in place within the next week in time for China to announce full convertibility of the NZ dollar into the renminbi during the PM's visit?"11 Mar 04:30 PM
Banking and financeParity with Aussie dollar tippedAbout 70 per cent of businesses surveyed by ASB Bank expect the New Zealand dollar to reach parity with the Aussie dollar over the coming year.11 Mar 04:30 PM
Banking and financeShadow board backs OCR riseNZIER's shadow board is emphatically in favour of an increase in the official cash rate tomorrow.11 Mar 04:30 PM
Banking and financeSth Canty Finance trial loomsThe Serious Fraud Office trial of South Canterbury Finance's chief executive and two of the failed firm's directors is due to begin in Timaru on Wednesday.09 Mar 04:30 PM
Banking and financeHere comes that interest rate riseA rise in the official cash rate from 2.5 to 2.75 per cent on Thursday is seen as a virtual certainty, so the focus will be on the Reserve Bank's economic forecasts.09 Mar 04:30 PM
BDBDBanking and financeNZ dollar heads for 1 per cent weekly gain on rising risk appetite07 Mar 05:25 AM
Banking and financeWhen the FMA comes a knocking...Law firm Bell Gully has published new guidelines about what to do if the Financial Markets Authority raids your business.07 Mar 01:50 AM
Banking and financeKiwibank 'won't pick on' suing customersKiwibank has given an assurance it won't discriminate against customers who take part in a class-action lawsuit over allegedly "unfair" penalty fees.06 Mar 05:13 AM
BDBDBanking and financeDollar gains after Putin allays fears of military actionThe New Zealand dollar advanced as investors gained confidence that tensions in Ukraine were easing, stoking demand for risk-sensitive assets.04 Mar 07:59 PM
