Latest from Banking and finance

Housing market: Banks rush to put brakes on investors

All four major banks now have investor lending restrictions back to pre-Covid levels.

Broken promise: BNZ to close 38 branches

BNZ says growing demand for its digital services means it will close branches.

House price surge just getting started, Westpac warns

The economy is performing better than expected with lower unemployment, says Westpac.

$8m bank fraud: Computer company manager to be released from prison

Christopher Christie cannot handle or manage another person's money upon release.

Which Kiwi bank boss earned the most?

All the bank bosses took a pay cut but one still earned a lot more than the others.

Second bank to increase investor deposit to 30pc

The housing market has been booming in recent months.

ASB to bring in own LVR restrictions ahead of Reserve Bank rules

ASB will move immediately to increase the minimum deposit required from investors.

What the boss of NZ's largest bank was paid

The pay package of ANZ New Zealand chief executive Antonia Watson has been revealed.

Westpac profit slumps $393m on Covid-19 impact

This follows on from a massive drop for ANZ.

Bonus Bonds enter wind-up mode, investors can no longer cash in

Bonus Bond holders can no longer cash in their investments.

Covid casualty: ANZ Bank's $562m profit slump

ANZ New Zealand's full-year result has been released.

'Buyers frantic, banks tough': insider guide to mortgage land

Banks "very fussy, inflexible" with assessments - Auckland mortgage adviser

ANZ chair Sir John Key, bankers fear Reserve Bank stimulation creating asset bubbles

The bosses of the big four banks talk about the big challenges ahead.

Banks need stronger cyber security - RBNZ

The Reserve Bank is taking steps to ensure banks improve their cyber security.

Foreign currency exchange dives but major banks stick with it

ANZ will follow Kiwibank in quitting buying and selling foreign currency.

Liam Dann: House price boom raises stakes for Reserve Bank

The Covid housing boom shows Reserve Bank policy working but could see return of LVRs.