
Kiwibank next in bank fees lawsuit
Government-owned Kiwibank is next in the gun for the group targeting banks in a lawsuit alleging they're charging unfair fees.
Government-owned Kiwibank is next in the gun for the group targeting banks in a lawsuit alleging they're charging unfair fees.
New Zealand's big four banks collectively made more than $3.5 billion in the last year in another record year for the sector.
The big four Australian banks made more than A$27 billion (NZT $31b) in profits in the past year, making Australasia's banking sector one of the world's most successful.
The High Court has given ANZ/ National Bank customers until December 13 to sign up to a lawsuit against the bank over fees, according to a group taking the case.
A court ruling means thousands more people could sign up to a lawsuit against the ANZ bank over fees.
One of the country's leading banks is about to start charging interest on each transaction if customers default on their payments.
In Shanghai's leafy Xintiandi there's a sight most Antipodean visitors would find very familiar.
ANZ's Truckometer indicator is pointing to an economy with a lot of momentum.
Low-deposit mortgages will not only be harder to get from the end of this month, but they will be a lot more expensive.
I am unhappy with the fees I am being charged by my bank. Every month I am charged at least $100.
The number of people who unwittingly launder money for international scammers has doubled in three months, and police deal with new "money mule" reports every day.
A series of glitches affecting ANZ customers and merchants this year does not stem from the bank's technology merger with the National Bank, ANZ says.
More than one in three people signed up to KiwiSaver don't know how much money they have in their retirement savings account.
ANZ was tonight still trying to fix a glitch with its eftpos terminals which saw some cards stop working and some customers charged twice for the same transaction.
Auckland house prices rose for a third month in July as listings and sales jumped, according to Barfoot & Thompson, the city's biggest realtor.
Consumers remain upbeat in the latest ANZ-Roy Morgan survey, though more about the future than the here-and-now.
Precinct Properties New Zealand's $76 million ANZ Centre upgrade saw 22 office floors refurbished, making it the country's biggest building renovation.
Fair Play on Fees lawyer Andrew Hooker was talking tough as he filed the first documents in the case against ANZ bank at the High Court in Auckland today.