Latest from Banking and finance

Government to buy Kiwibank for $2.1 billion

NZ Post and ACC want out of Kiwibank; Govt open to injecting more capital into bank.

NZ headed for recession in 2023, but inflation to fall fast - BNZ

BNZ sees an 'orderly correction' with unemployment remaining low and business solid.

Another property investor pleads guilty to fraud charges

Four charged by SFO in mortgage fraud case.

Credit law change 'choked the system', Kiwibank boss says

Steve Jurkovich is hopeful of a new story in the home lending market towards summer.

Kiwibank profit 'best result in 20 years'

The bank's income was boosted with rising home and business lending.

Jarden Sydney office behaviour complaints reported

Sydney investment bank office reportedly in claims of 'bullying and aggressive behaviour'.

'1980s shock treatment' not needed: Why NZ will avoid recession - new bank report

Westpac: Economy needs to push through pain barrier because the results will be worth it.

Cost of living bites: Fresh produce leaps 10 per cent

Cheesed off at food prices? Fear not, economist says, there's reason to be upbeat.

Only a third of Kiwis know what to do if their bank or insurer treats them unfairly

New consumer research reveals Kiwis' views on banks and insurers.

Multi-million dollar class action lawsuit against ANZ, ASB to include all affected customers unless they opt-out

The lawsuit was filed in September last year and could include up to 150,000 customers.

BNZ outage on same day as new Govt handout starts

Big bank says sorry for hassles hampering online customers today.

Why shareholders are nervous as ANZ eyes Suncorp

On the face of it, the A$4.9 billiontakeover looks like a good idea.

Investors relying on 'leap of faith' for ethical fund choice

FMA tells investment managers they need to do better when it comes to ethical funds.

Competition heats up for low cost sustainability loans - which bank has the best deal?

Banks compete on low interest energy-efficiency loans.

'Food, fuel, housing': How much longer will the inflation pain last?

Inflation may have reached its peak, but the pain will linger.

ANZ launches rights issue to fund Suncorp Bank purchase

ANZ has launched a rights issue to fund its purchase of Queensland's Suncorp Bank.