Latest from Banking and finance

Westpac NZ’s boss sees risks of hard landing for NZ economy

Westpac chief executive Catherine McGrath says more customers are feeling the pinch.

Apple’s iPhone sales rebound after holiday challenges

Financial Times: Apple earnings come in better than expected.

ANZ defends billion-dollar-plus first half profit

ANZ first half rise by 1 per cent to $1.1 billion.

Jarden Brief: US regional banks take more big hits

Gold nearing an all-time high as two US banks slide.

Fed implements quarter-point rate rise, signals potential pause

US central bank warns recent banking turmoil ‘likely to weigh on economic activity'.

'This should not have happened': Business owner fumes after Meta account hacked, $9500+ taken

'We took all the precautions recommended to us.'

Cost of living: 300,000 more Kiwis worrying about money weekly

But it's the younger generation that are feeling most worried about money.

First Republic rescue fails to arrest slide in US regional bank shares

Financial Times: Regional banks especially exposed to commercial real estate volatility.

Will Apple take a big bite out of the banks?

Tech giant’s ventures into financial services signal greater ambitions to take on Wall St.

Diana Clement: Why you shouldn’t help your children financially

Teach children early to stand on their own two feet financially.

Five takeaways from China’s first-quarter GDP data

Financial Times: Retail surge and strong exports drive growth but recovery uneven.

Depositors pull nearly $100 billion from three US banks

Financial Times: Deposit flight turbocharged by Silicon Valley Bank collapse.

Kiwi start-up says open banking could help fight scams

Open banking backer says technology could help with scam-proofing Kiwis.

Difficult year ahead for consumers as food prices continue to rise

Food prices are at a 30-year high but increases should slow down later this year.

China hit by surge in Belt and Road bad loans

Financial Times: Global finance scheme becomes $125 billion millstone for Beijing.

Apartment pioneer caught up in Scarbro liquidation - what's next?

Leuschke Group designed the complex with 112 residences, 12 apartments and seven shops.