Latest from Banking and finance

When will we know more about Du Val's interim receivership?

Report went in last Friday, PwC says. Nothing has been released in public yet.

BNZ cuts rates for first-home buyers

Borrowers with less than 20% equity will be able to access standard rates.

Western airlines slash flights to China

Financial Times: Chinese rivals take market share as US and European carriers struggle.

Nicola Willis responds to report calling for stronger Kiwibank, open banking

'Disruptive maverick' needed for the sake of consumers, watchdog says.

ComCom banking report due out – how will the Govt respond?

What's already been said and done to improve banking competition.

US start-up failures up by 60% as founders face hangover from boom years

Financial Times: Millions of jobs at VC-backed firms under threat.

OCR coming down, how far will home loan rates fall?

Banks have already cut some rates.

Major bank slashes short-term home loan rates amid 'competitive environment'

Homeowners are the big winners as banks scramble to offer competitive rates.

Pilita Clark: The most annoying thing about young people at work

Financial Times: They are very often right, especially when it comes to working hours.

Apple to open up tap-to-pay technology to other developers

Financial Times: Chip that powers Pay and Wallet apps will be accessible — for a fee.

After 23 years in Las Vegas, Jason Walbridge returns as new SkyCity chief executive

Proud Kiwi and gaming specialist who served five years in the New Zealand Army.

'Biggest flip-flop ever': Top economist slams Reserve Bank

Bank has cut the official cash rate by 25 basis points to 5.25%.

NZ stocks celebrate OCR cut with 2% gain

The market has given its verdict on the Reserve Bank's cut in the Official Cash Rate.

'Darkest before the dawn': Reserve Bank cuts OCR, banks slash rates

It's one of the most hotly anticipated interest rate calls this year.

Liam Dann: Rate cut signals victory in inflation war

Despite debate about grim May forecasts, the RBNZ looks to have landed in the right place.

ASB's profit comes off its peak, CEO’s pay package jumps

CEO Vittoria Shortt denies the bank's resilience is a reflection of risk aversion.

Auckland family in dock in $8.6m mortgage and investment fraud case

Two Peters family members flee NZ; SFO seeks justice in fraud case.

Starbucks ousts chief and appoints Chipotle boss after activist pressure

Financial Times: Shares in coffee chain jump after boss replaced.