Latest from Banking and finance

BNZ bank cards and internet banking back online after major outage

BNZ customers were unable to use ATM cards or access online banking services for hours.

House prices in 'full retreat' as FOMO gives way to fear of overpaying

New REINZ data shows the housing market cooling faster than expected, economists say.

Third bank increases mortgage rates after cash rate rise

The Reserve Bank increased the OCR from 1 per cent to 1.5 per cent yesterday.

Liam Dann: OCR double hike signals Reserve Bank ready to move faster on inflation

RBNZ looks prepared to hike rates faster but not necessarily to a higher peak.

OCR hike: ANZ moves first to lift mortgage rates

Brace for higher mortgage rates sooner.

OCR: Reserve Bank delivers double rate hike

Interest rates are headed higher after the official cash rate was hiked this afternoon.

Westpac ranks lowest bank for customer satisfaction

Just 52 per cent of those surveyed said they trusted their bank.

Profits under pressure: Dark clouds hanging over banking sector

December's quarter was a record but challenges are on the horizon.

Banks' handling of home loan applications stirs protests

Home lending complaints rose sharply in the last quarter of 2021.

Experts welcome FMA 'stop' on Flat Bush 50% return scheme

"The industry as a whole benefits from this type of market regulation," Mark Francis says.

Recession fear low, inflation fear 'off the charts' - ANZ survey

Residential construction feeling the pinch as building costs rise and house prices fall.

Insider information behind dumping of millions Pushpay shares - FMA alleges

Name suppression continues for defendant who pleads not guilty to rare charge.

Exodus of skilled Kiwis tipped as borders open up

Immigration numbers will take time to rebuild while Kiwis will be quick to leave on OE.

FMA moves against Longhorn fund forecasting 50pc return

Watchdog places interim stop order on the scheme.

Liam Dann: Tougher economic year ahead? How dark will it get?

Are we emerging from the grip of Covid straight into a full-blown economic meltdown?

Jobs strength points to even lower unemployment - survey

No shortage of jobs but wages are struggling to keep up, employment survey finds.