Latest from Banking and finance

Bank profits hit quarterly record high

Higher lending and reversal of loan provisions provides profit boost.

Scott St John to join ANZ NZ board

St John was previously chief executive of share broker Jarden.

High Court strikes out part of $278m claims against PwC

Judge says the claims can be regarded as 'frivolous, vexatious or an abuse of process'.

Bank closures in the provinces: Finance Minister pressed companies to extend 'hub' trial

Pressure from mayors sees Finance Minister press banks to extend bank hub trial.

Banks ditch cash foreign exchange cash services

Ditching cheques is not the only service banks are steering away from.

'Devastating': Worker shortage causes crisis - employers plead for help

Kiwi business owners say New Zealand's labour shortage has reached crisis point.

ASB to repay customers $9m after consumer watchdog warning

The issue affects 48,000 borrowers over an 11-year period.

Liam Dann: Did we just have a recession? Here comes the big reveal

New GDP data is due this morning. Liam Dann looks at what we should make of it.

Retail spending surge may see NZ avoid recession

Strong summer spending points to stronger than expected GDP growth, economists say

'Disgusting': Bank transfers being used to send abusive messages

Reference fields in bank transfers being used to send 2000 abusive messages per month.

Liam Dann: Are we about to enjoy an encore of the rock-star economy?

Treasury's economic forecasts look rosy, but they include three very bold assumptions.

Goldman Sachs reaps dividends from bumper NZ profit

But it also faces a potential liability over holiday pay.

Cut-price mortgages: Major bank offers record low rate for new builds

The variable rate will be available for three years from when the borrower draws down.

Westpac boss: Sharing the load at home lightens load for everyone

OPINION: The unwritten rules of home life create disadvantages for men and women alike.

The $1.5b question: Who's really doing the domestic chores in NZ?

Report recommends a more even split of housework and childcare between couples.

Finance expert suggests redistribution of public sector CEO salaries

"Robin Hood"-style policy more effective than Govt-ordered pay freeze, Helen Roberts says.