Latest from Banking and finance

Finance winners: Air NZ $1.2b deal, Fisher & Paykel boss, Milford again

The environment is the real market winner in latest INFINZ awards.

Electronic bank transactions to start going through on weekends and holidays

Major upgrade to payments systems takes effect.

Mortgage pain: Second major bank lifts home loan rates after OCR hike

Westpac has made changes to its fixed and floating mortgage rates.

The new gold boom: how long can it last?

Financial Times: Gold-stashing clients have a growing 'alertness to the new world order'.

Adrian Orr appears before MPs: ‘It will feel painful for people’

No pain, no gain: MPs get a chance to grill Reserve Bank boss over rates hike.

Retail sales down, signs of 'stark' year for Kiwi households

Some sectors sacrificed as surging cost of living forces tough choices.

Peak OCR? Reserve Bank shocks market by saying it’s done enough

The Reserve Bank releases its full Monetary Policy Statement.

Investment cons on the rise, 'pig butchering' scam makes waves

Bank warns of crypto scams, as fraudsters add love-bombing twist to some schemes.

Ratings agency fires warning shot over 'expansionary' Budget

Budget may erode ‘headroom’ for NZ credit rating, says S&P.

How the market reacted to the Budget

Big increase in bonds may be a lot for market to swallow.

Russia admits ‘problems’ as energy revenues fall

Financial Times: Minister tells Putin "all these discounts" to blame for plunging revenue.

US debt default chaos could ruin Biden's PNG, Australia trip

Biden's trip to PNG on edge as 140 companies demand action from US politicians.

Elon Musk subpoenaed in JPMorgan lawsuit over Jeffrey Epstein ties

Financial Times: Lawyers want to know if Tesla boss introduced to bank by sex offender.

Another modular housing building company fails, 11 buyers hit

One client paid $500,000+ but does not have a home and is very worried about his plight.

PwC races to contain widening Australian tax leak scandal

Financial Times: PwC flies top global execs to Sydney in effort to stem spiralling crisis.

US social media laws to protect kids create challenges

Financial Times: Patchwork of rules aimed to give parents more control poses challenges.