Latest from Banking and finance

Westpac Australia names its next CEO

Peter King is retiring after a 30-year career with Westpac - five as chief executive.

China’s new back doors into Western markets

Financial Times: How Chinese companies set up shop to get around tariffs and barriers.

Bank balances shoot up as savers rush to lock in high interest rates

What will happen to all these funds as interest rates fall?

Du Val's legal tsunami: eight court cases pending against businesses

Two advisers listed in a Du Val document told PwC they did not have any involvement.

How national security has transformed economic policy

Financial Times: Spy fears and dual-use technologies have eclipsed free market orthodoxy.

Police appeal to public after bank queue bashing

Suspect fled after the assault.

A Du Val business valued at $431m? Receiver notes no independent valuation

No external valuation to show one entity was worth $431m, according to new PwC report.

Volvo ditches pledge to sell only electric cars by 2030

Financial Times: Demand for battery-powered vehicles has decreased globally.

Lending rules easing: Directors and managers no longer personally liable for breaches

Minister Andrew Bayly believes number of changes will make it easier to get a loan.

The cost of cracking cancer: What the $1.6t race for a cure leaves behind

Financial Times: Pancreatic cancer is a killer, with few new treatments on horizon.

'Improper' Covid cash claim: Ministry takes hotel building contractor to court

Issue over nearly $250,000 in pandemic-era wage subsidies.

Opinion: Elon Musk is an unguided geopolitical missile

Financial Times: While Musk's influence is showing up, he still lacks ability to make law.

Financial stress eases for young Kiwis but rises for mortgage holders

Signs financial stress could be easing, but not for everyone.

'We can't sleep': Couple fear for future, loan on Du Val unit axed

Meanwhile, a decision on media access to court and receivership files has been reserved.

Du Val downfall: From champagne, private jets to receivership and $250m debt

Now Du Val investors and creditors want their money.

UK government to probe ‘dynamic’ pricing behind Oasis ticket price surge

Financial Times: Cost jumped dramatically with online sale's ‘dynamic’ pricing system.

How far have interest rates really fallen?

August has been the month of cuts. Here's how they've stacked up.

ANZ weighs ban on office-hours drinking after trader misbehaviour

Financial Times: Bank seeks to call time on drunk workers as part of culture review.