Banking and financeASB 'let down' customers - EnglishFinance Minister Bill English says ASB Bank has "let down" customers by cancelling home loan approvals as a result of new lending restrictions.24 Sep 12:25 AM
Banking and financeSummer surge tipped for NZ tourismAfter being in the doldrums for most of the last 10 years, the tourism sector is being tipped to go through an upturn.23 Sep 11:25 PM
Banking and financeASB ditches pre-approved low-equity loansASB Bank has pulled the plug on existing pre-approvals for low-equity home loans from October 4 but rival banks say they will continue to honour their pre-approvals.23 Sep 05:30 PM
Banking and financeASB pulls low deposit loan offersASB Bank has cancelled all pre-approvals for home loans over the 80 per cent loan to value ratio with effect from October 4.23 Sep 02:20 AM
Banking and financeBanks start to move goalpostsBanks have already started tightening up their lending criteria for customers seeking low-deposit mortgages, despite new regulations not kicking in until next month.19 Sep 05:30 PM
Banking and financeMansion's home jail hurdleAnn Butler's $6.8m mansion is so big that probation staff were unsure if the whole house could be electronically monitored while she's on home detention.18 Sep 05:30 PM
Banking and financeLaw set to aid class actionsAn overhaul of capital markets law is expected to open the door for out-of-pocket investors to launch big civil cases against those involved with misleading offers.16 Sep 05:30 PM
Banking and financeSales growth slows, property up $5kNew figures show national property prices were up $5,000 in August, taking the national median price to $390,000.15 Sep 11:45 PM
Banking and financeInvestor interest returns to bondsBond markets have undergone a sea change during the last few months, say fixed interest specialists.15 Sep 05:30 PM
OpinionLiam DannLiam Dann: Never forget Lehman lessonI love nostalgia. Everything seems better viewed through the prism of the past. Big events certainly seem less terrifying.15 Sep 05:30 PM
Banking and financeLehman's lessons - How to cope when disaster strikesInvestment leaders tell markets reporter Tamsyn Parker what the US bank's collapse meant to them, and whether something similar could happen again12 Sep 05:30 PM
Banking and financeRace to beat loan deadlineYoung people are making mortgage inquiries at a record rate to beat home-loan restrictions which begin on October 1, a credit bureau says.12 Sep 05:30 PM
Banking and financeLoan limits boost youth interestThere's been a big jump in the number of younger people trying to get mortgages ahead of new Reserve Bank low-deposit lending rules, says credit agency Veda.12 Sep 02:30 AM
Banking and financeInterest rates hike case buildingThe case for higher interest rates gained more weight today after subtle shifts in the Reserve Bank's language were interpreted as being more hawkish.12 Sep 01:20 AM
Banking and financeSue Brown tipped as FMA chiefTwo of New Zealand's top watchdog jobs could end up being held by women.11 Sep 05:30 PM
BDBDBanking and financeBridgecorp on path to insolvencyFailed finance company Bridgecorp was on the path to insolvency when it issued the prospectus in 2006, the Court of Appeal heard today.11 Sep 02:00 AM
Banking and financeAustralian named as new SFO headThe new boss for the Serious Fraud Office has been named as Australian Julie Read.11 Sep 12:25 AM
Banking and financeRegulator not investigating Phoenix ForexThe Commerce Commission said this morning it will not be investigating Auckland-based company Phoenix Forex.10 Sep 11:10 PM
