Latest from Banking and finance

Tamsyn Parker: Big lessons from Westpac board's shortcomings

It is vital directors have the skills and knowledge to hold the executive to account.

Report finds 'material shortcomings' in Westpac NZ board's oversight

The bank was ordered to get an independent report done back in March.

13 minutes that saw woman lose everything

Qld woman is devastated after losing her dream home and tens of thousands of dollars.

Major banks increase floating home loan rates

ASB will lift its variable mortgage rates in reaction to the OCR increase.

No jab, no mortgage? Broker claims finance pulled over vax status

"One borrower reluctant to get vaxxed has had financing withdrawn" - surveyed broker

Lending clampdown: The options left for first-home buyers

Banks have virtually shut up shop for low deposit lending on existing properties.

Another blow to first home buyers as ANZ pauses low deposit lending

ANZ, BNZ and Kiwibank have also introduced restrictions on low deposit lending.

RBNZ to lift interest rate this week, but by how much?

Markets will look to RBNZ governor Adrian Orr for clues on how high rates might head.

Housing market 'boom run is over' - John Key

The ANZ chairman has launched an NZ Initiative report warning of mounting debt risk.

NZ financial system is sound but economic outlook uncertain

The Reserve Bank gives its six monthly update on financial stability.

Genesis signs up for sustainability-linked loan

Genesis will face financial penalties if environmental and sustainability targets not met.

Westpac bank's $1b profit - excessive or reasonable? The CEO speaks

Westpac NZ's result for the September year was up 56 per cent.

Westpac NZ's annual profit rockets up by 56% to $1.01b

Westpac has reported its latest annual result for the year to September.

Finance sector set for 'major blow-up' without crackdown: departing FMA boss

Everett finishes up in his role on Friday after nearly eight years in the top job.

Top bank boss calls for more certainty around reopening date

Banks are still waiting for clarity around vaccine passports.

Kiwis struggling to get money back from investments linked to Chinese billionaire

An investor is still trying to recover tens of thousands of dollars he paid to 'G-Clubs'.