Latest from ASB Bank Limited

US investment market undergoes a re-rating

The US won’t be the only investment destination in town as it has been.

‘Rip-off’: App developer and Consumer say fees will stifle open banking

Government, banks respond.

NZ banks face repaying $9.2b in cheap Covid loans in coming months

The money was borrowed during Covid times at a very low interest rate.

Unemployment remains unchanged at 5.1%

The labour market remains subdued despite better-than-expected result.

ASB and POLi strike deal - is the Govt's competition push working?

Deal marks a step towards open banking gaining scale.

Investor's market manipulation a ‘warning for online share brokerage accounts’

Experienced investor fined nearly $200,000 for 10 days of mischief.

'We are here to help': ASB offers relief measures for weather-hit customers

Bank says it will pause home loan repayments for up to three months.

Is there method to Govt's madness, helping ANZ and ASB in court?

Lawyer supports law change to avoid "draconian consequences" for lenders.

Watchdog launches probe after ANZ helped victim send $250k to scammers

ANZ refused liability saying there were no indications of fraud or 'red flags'.

‘Negligence to the eyeballs’: Westpac under fire in $2m laundering case

Carel Viljoen laundered nearly $2 million in an investment scam.

Home loan wars: Major bank cuts rates again

ASB is making changes to some of its longer-term fixed mortgage rates.

Diana Clement: Why young digital natives are more vulnerable to online scams

Gen Zs are often twice as likely to experience digital security incidents.

Fast-tracking granted for 4000-home Sunfield plans at Ardmore

'Construction prices are still to adjust to the current property cycle and remain high.'

‘I make some money out of it’: Interview with a $2m money launderer

A scam victim who lost $1m says: “I’ve failed as a husband to protect my wife".

‘Anxious as s***’: Businessman guilty of money laundering linked to $2m scam

The victims thought they were investing in high interest bonds but lost nearly $1m each.

Construction sector likely to pick up, but not immediately

The construction sector had a tough end to 2024, so when might things improve?