Latest from Banking and finance

'Vulnerabilities remain': RBNZ warns LVRs could be tightened further

The Reserve Bank's six-monthly financial stability report has been released.

Bank profits rise 35 per cent in last three months of 2020

Lower loan impairments and cost-cutting measure drove the increase.

ASB to pay $8.1m to customers after lending failures

Some 73,000 affected customers will be compensated either $68 or $135.

Ron Brierley email: 'I'm the same person as always'

These were the words of Ron Brierley - no knighthood now - just months after his arrest.

'Horrendous images': Disgraced millionaire Ron Brierley surrenders knighthood

'The Queen has been informed,' says Prime Minister Jacinda Ardern.

Demerger decision: Exiting Westpac CEO on NZ business review

The bank has released its half year profit to March 31.

Kiwi ad agency claims account of major Australian bank

The Kiwi founders have reason to celebrate.

Liam Dann: Is central bank independence under attack?

A complex Reserve Bank policy scrap goes to the heart of a bigger global economic debate.

BNZ glitch causes transactions, balances to disappear

A BNZ app glitch has caused concern among some customers.

Reserve Bank eases dividend restrictions on banks

Restrictions on bank dividends were brought in during April last year.

How to fix housing: Underwrite lenders to speed up building

There is a shortage of funding for property developers.

ASB board chair to retire

Gavin Walker will retire at the end of August.

Remaining Bonus Bond holders to get little bit extra

Bondholders will get their final payout in the second half of this year.

'A convoluted nightmare': The pensioner who discovered she didn't own her home

Alleged investment scheme that's seen family homes up for mortgagee sale referred to SFO.

Robertson says Govt will review Westpac's role as country's banker

The contract is up for renewal in 2023.

ASB boss points to 'warning signs' in Kiwis savings' habits

Research found many have less than $1000 saved as a backup.