
This could be the hardest place to rent
This NZ town only has four houses to rent.
This NZ town only has four houses to rent.
In a major backwards step for its overseas operations, ANZ has struck a deal to sell off its retail and wealth operations across Asia.
A delay at ANZ's deceased estates department is costing grieving families thousands as they struggle to pay funeral costs.
Finance company could be sold within a year, according to rating agency Standard and Poor's.
Pumpkin Patch staff fear for their jobs as clothing retailer struggles to find answers for its bank.
Staff at clothing retailer Pumpkin Patch say they were unaware of the company's situation this morning.
Despite another quarter of low inflation New Zealand does not need to worry about deflation hurting economic growth, ANZ senior economist
New Zealand banks paid out nearly $450,000 in the last year to settle disputes with their customers.
Profits across New Zealand's banks dipped in the June quarter driven in part by record lending outpacing funding.
The Kiwi boss of ANZ has pledged to look at cutting credit card rates at a parliamentary inquiry.
In just five years, more than 150 branches of NZ's major banks have disappeared, and more are earmarked to go the same way.
As more people do online transactions, small towns must adapt to closures.
New Zealand firms had a more positive outlook in September about both their own prospects and the wider economy.
The children and babywear retailer's revenue sank with store closures and a struggling international wholesale business.
Westpac staff at 19 branches around the country are expected to be told late today whether their branch will close.
The mayors of two towns facing the prospect of two major banks closing up shop within weeks of each other say people are shocked at
ANZ bank, the country's largest bank, could be closing branches around New Zealand.
ANZ has started to refund $28.8 million to more than 390,000 accounts after the bank failed to disclose when some fee payment fees would apply.
The Taranaki farmers bought controversial interest rate swaps from the bank.
The number of home loans and amount being borrowed has dipped ahead of further lending restrictions, but one mortgage broker says
Kiwibank is cutting 0.20 percentage points off its floating rate mortgages, while ANZ, ASB and Westpac will shave a smaller amount.
Westpac has now joined ANZ bank and cut mortgage rates after the Reserve Bank dropped the OCR this morning.
The measure of economic activity using traffic data slowed down last month.
COMMENT: Normally the banks would just pass on the Cash Rate cut to mortgage borrowers and term-deposit savers, but this time is likely to be different.
Helicopter rides and late night trips to hotels are par for the course for bankers to New Zealand's wealthiest.
Economists say the drop was largely seasonal, as construction remained positive.
The legal status of New Zealanders in Australia faces a test after Perth-based Kiwis Charles and Judith Cairns were granted leave
Australia's High Court has dismissed an appeal in a class action suit against fees charged by ANZ Bank.
NZ's banks have shrugged off global market turmoil and depressed dairy sector to make a net profit of $1.2 billion in the first three months of this year.
The Reserve Bank driven the exchange rate down after it signalled a likely cut in the cash rate next month and raised possibility of further reduction.