Latest fromOfficial Cash Rate
<i>Susan Easton:</i> Banks feeling whip as govts drive down taxpayer risk
A climate of reform will put the squeeze on the industry's profitability for some time, writes Susan Easton.
Black mark for late bill haunting thousands
More than 800,000 people have black marks on their credit history for defaulting on payments - and many don't know anything about it.
ASB to offer controversial reverse mortgages
ASB has announced it will be the first major NZ bank to offer asset rich but cash poor customers reverse equity mortgages.
Kiwi dollar tipped to weaken on Aust election drama
The New Zealand dollar may fall below 70 US cents this week as investors wait on the outcome of Australia's Federal election.
Government underwrites Kiwibank expansion
The Government has underwritten Kiwibank's growth plans by providing its parent NZ Post with a backup funding facility it can draw on in emergencies.
Bankers retract confessions
The British bankers once dubbed the 'NatWest Three' are now recanting their guilty pleas.
<i>Fran O'Sullivan:</i> Labour gets back into the game
Fran O'Sullivan writes that Phil Goff has been handed a couple of political aces - but how he plays them remains to be seen.
Kiwibank not profitable enough, Norris says
Kiwibank has undercharged for too long and is reaping the fruits of not being profitable enough, Ralph Norris says.
ASB Bank profit dips, impairments nearly halve
Profits have dipped at ASB Bank, but loan impairment charges have halved.
Fed details US debt shopping plan
The Federal Reserve has voted to buy US Govt debt in a fresh bid to spur the world's biggest economy.