Banking and financeSix-year wait for Feltex court dateA court date for out-of pocket investors taking legal action against former directors of the failed carpet maker Feltex has been set for March 2014 - six years after the proceedings started.24 Mar 04:30 PM
OpinionBernard HickeyBernard Hickey: Still too big to failBernard Hickey says: "Haircuts" for Kiwi bank depositors would never be allowed to happen.23 Mar 04:30 PM
Banking and financeCypriot crisis puts spotlight on planned NZ bank policyThe Cypriot crisis has turned a spotlight on the open bank resolution (OBR) policy the Government and Reserve Bank have been working on, even though, as the bank has been quick to point out, the situations are very different.22 Mar 04:30 PM
Banking and financeFall in Aussie migrationThe number of kiwis who crossed the ditch last month was its lowest in two years, according to figures out today.22 Mar 12:00 AM
Banking and financeFailing Dominion Finance accused of 'cash grab'A number of "grossly imprudent" transactions between Dominion Finance and its sister firm were "a cash grab" so the now-failed company could meet its obligations to investors, a Crown lawyer said yesterday.21 Mar 04:30 PM
OpinionStock Takes: Mad Butcher's listing details due soonA prospectus for the Mad Butcher's back door listing is expected to be out next week...21 Mar 04:30 PM
OpinionInside Money: Banks v Shearer - a non currency affairI heard John Banks on the radio this morning offering financial advice to the recently-embarrassed Labour leader, David Shearer, writes David Chaplin.20 Mar 08:30 PM
OpinionEditorial: Banks lose comfort of being 'too big to fail'Everybody with money in a bank in this country will be alarmed at first reading of the Reserve Bank's plan to seize some depositors' funds in the event of its failure.20 Mar 04:30 PM
Banking and financeWe're no Cyprus, says Reserve BankThe Reserve Bank says its plans for dealing with potential bank collapses are very different from what's being seen in Cyprus.20 Mar 01:00 AM
OpinionBryan Gould: Cyprus outrage not too far from home"Who should bear which liabilities in the event of a banking collapse?" asks Bryan Gould. "The NZ proposal is an astonishing assault both on the property rights of depositors and on confidence in the banking system."19 Mar 04:30 PM
Banking and financeRisk to savings if bank failsKiwis with money in the bank could see their nest eggs and savings dwindle in a government move the Greens say is a "Cyprus-style solution" to help out failing banks.19 Mar 04:30 PM
Banking and financeConfidence levels decent but not spectacular - pollConsumer confidence is holding up at "decent but not spectacular" levels in the latest Westpac McDermott Miller quarterly survey.18 Mar 04:30 PM
OpinionHelen TwoseHelen Twose: Payment frequency's your choiceSpreading your contributions over a period of time can help smooth out some of the fluctuations in the entry price of your fund.18 Mar 04:30 PM
OpinionDavid Mayes: Government must insure our savingsAll advanced countries except NZ offer protection for ordinary depositors of up to $300,000 a deposit in each financial institution, writes David Mayes.18 Mar 04:30 PM
BDBDBanking and financeDrought fails to dampen confidenceKiwis continue to feel relatively chipper about their economic circumstances, despite the drought and a string of high profile job cuts, a new survey shows.17 Mar 10:00 PM
Banking and financeClass actions needed in NZ, says lawyerClass action acts as a "handbrake to corporate mischief" and should be allowed in New Zealand, says a Christchurch lawyer.17 Mar 04:30 PM
Banking and financeTargeting the banksThis week's move by a group of lawyers to take legal action against the NZ banks over default fees is not the first time banks have come under pressure.15 Mar 04:30 PM
Banking and financeExtra year's jail for finance directorA former director of the failed firm Capital + Merchant Finance has been handed an extra year in prison and two others have been sentenced home detention and community work.14 Mar 10:15 PM
