BusinessASB reaches $135.6m settlement in class action dispute, ANZ fights onThe settlement concludes four years of court action against ASB.06 Oct 08:48 PM
BusinessBNZ cuts mortgage rates to match rivals ahead of OCR announcement All major banks have been cutting their home loan rates ahead of tomorrow's OCR decision.06 Oct 08:44 PM
PremiumPremiumBusinessEconomists divided on extent of OCR rate cut this weekThe Reserve Bank is expected to cut the Official Cash Rate on Wednesday.05 Oct 04:00 PM
New ZealandTwo more banks drop fixed mortgage rates to 4.49% ahead of OCR moveWestpac and ASB join ANZ and BNZ in cutting their one-year rates. 03 Oct 01:43 AM
BusinessWestpac cuts home loan rates, one-year special falls to 4.49%The bank’s five-year special rate is also cut, now sitting at 4.99%.02 Oct 06:25 AM
New ZealandAnother bank drops fixed home loan rate below 4.5% ahead of OCR decisionANZ's rate drop comes a day after BNZ cut its fixed home loan rates. 01 Oct 05:05 AM
PremiumPremiumBusinessSecond-quarter GDP shocker dealt a blow to September business confidence - ANZ Businesses that responded to the ANZ Outlook survey after the GDP result were gloomier. 30 Sep 03:45 AM
Kahu‘We need someone to believe in us’: Scheme tackles Māori home ownership barriersIf trends continue, almost all Māori could be renters by 2061, an ANZ report warns. 25 Sep 08:39 PM
PremiumPremiumOpinionLiam DannLiam Dann: New Governor, new era but don't expect big changes to interest rate outlookNZ's first female Reserve Bank Governor, Anna Breman, brings a formidable CV to the role.24 Sep 04:10 AM
PremiumPremiumGDPRate cut looms: Markets predict 40% chance of big drop in OCR in OctoberThe interest rate markets are raising the odds of a 50-basis-point rate cut next month. 19 Sep 05:06 AM
PremiumPremiumAucklandBanking watchdog releases ruling after ANZ staff helped customer send $250k to scammersThe victim claimed ANZ was negligent.15 Sep 09:00 PM
Banking and financeANZ agrees to record A$240m fine for widespread misconduct in AustraliaRegulator says ANZ has betrayed the trust of Australians.14 Sep 11:42 PM
PremiumPremiumEconomyJune quarter GDP seen as turning point after signs of strength fade awayData out this week is set to show the New Zealand economy stalled in the June quarter. 14 Sep 05:01 PM
BusinessANZ axeing 3500 jobs in Australia but no major cuts planned in NZANZ Group said a restructure of the business is expected to cost A$560 million ($622m).09 Sep 02:58 AM
PremiumPremiumSharesMarket close: NZ stocks end firmer after mixed reporting season A2 Milk and Hallenstein led gains in the NZ sharemarket. 28 Aug 06:25 AM
PremiumPremiumBusinessBusinesses still feeling winter chill, confidence surveys showFirms are still waiting for an economic recovery to kick in.28 Aug 02:06 AM
Interest ratesBanks start dropping mortgage, savings rates after OCR cutThe Reserve Bank today cut the Official Cash Rate from 3.25% to 3%, suggested more on way.20 Aug 07:05 AM
PremiumPremiumOfficial Cash RateTwo more rate cuts to come: RBNZ to the rescue as recovery stallsA gloomy economic outlook's convinced the RBNZ to lower its expected interest rate track.20 Aug 05:00 AM
PremiumPremiumOfficial Cash RateInterest rate cut a shoo-in, but how much lower will the OCR go? Economists are divided over the inflation outlook.17 Aug 07:00 PM
BusinessRate-cutting merry-go-round: More banks cut mortgage ratesKiwibank and Westpac are the latest to match rivals in lowering their home loan rates.13 Aug 10:24 PM
PremiumPremiumBanking and financeWhy NZ firms are turning to offshore markets for bondsCompanies are increasingly seeking overseas funding, slowing NZ bond issuance.05 Aug 04:05 AM
EconomyConsumer confidence drops in July, inflation expectations riseANZ's Roy Morgan Consumer Confidence measure has dropped in July.31 Jul 11:58 PM
BusinessBusiness confidence lifts in July, but going still toughConstruction and retail reported a significant renewed slump.30 Jul 06:25 AM
Banking and financeCommerce Commission dismisses farmers' complaint against banksCompetition watchdog says Net-Zero Banking Alliance isn't anti-competitive. 21 Jul 04:29 AM
PremiumPremiumBusinessInflation preview: Rising prices a risk to RBNZ's effort to avoid danger zoneDomestic inflation is above historic averages, a major concern for the Reserve Bank.20 Jul 05:02 PM
PremiumPremiumBanking and financeASB says no to $300m legal settlement; Winston Peters weighs inANZ declined similar settlement proposal earlier in the week.18 Jul 05:00 PM
PremiumPremiumBanking and finance'Misguided stunt': ANZ declines $300m legal settlement offer David Seymour gets involved.16 Jul 04:41 AM
New Zealand'Long-term strategy': How iwi are outpacing major NZ companiesTainui's assets grew to $1.9m, enabling $56m distribution to marae.07 Jul 05:00 PM
PremiumPremiumCompaniesNZ’s largest taxpayers revealed - does big business play fair?Thirteen companies each pay more than $100m in annual income taxes.01 Jul 05:00 PM
BusinessMajor banks halt over-counter deposits into others' accountsANZ stopped accepting deposits into others' accounts last year.15 Jun 07:37 PM
BusinessANZ cuts home loan rates, lowest rate in three yearsThe bank has cut all of its home loan rates and the majority of its term deposits.03 Jun 06:23 AM
BusinessNZ’s biggest bank at bottom of customer satisfaction rankingsThe country's biggest bank scored 57% in Consumer NZ’s latest satisfaction ratings.13 May 09:04 PM
BusinessFor the history books: Back-to-back $10 NZ milk price seasons?ANZ has upgraded its milk price forecasts. 09 May 12:28 AM
Business‘Rip-off’: App developer and Consumer say fees will stifle open bankingGovernment, banks respond.08 May 11:00 PM