Latest from ANZ Banking Group

ANZ reveal record $1b profit
ANZ Bank has reported a 25 per cent rise in annual profit in New Zealand, beating the $1 billion barrier with the help of a 59 per cent fall in bad debts.

ANZ swoop on Vital blow for investors'
Macquarie analyst says greater cost may come in the long term.

NZ Dollar Outlook: Kiwi may keep falling
The New Zealand dollar may extend its decline this week as investors, nervous about the slow progress being made on Europe's escalating sovereign debt crisis, sell growth-linked currencies for the relative safety of the greenback.

Young boost property market
Kiwisaver is giving New Zealand's provincial property market a boost.

Kiwi dollar tipped to gain as equity markets recover
The New Zealand dollar may rise this week, as equity markets recover from a three-week selloff following the US credit rating downgrade.

OCR hike not till December, say bank economists
Global turmoil in global markets means the next OCR hike is now likely to be December, not September, say a growing number of bank ecnomists.