Banking and finance'Double whammy': OCR cut delivers mortgage relief but potential job losses dampen moodInterest rates are now expected to drop steeply into the new year.09 Oct 04:00 PM
Official Cash RateASB cuts rates after Kiwibank's move ahead of OCR decisionBanks are manoeuvring ahead of Adrian Orr's cash rate call.08 Oct 09:27 PM
New ZealandWatchdog clears bank after branch manager helps customer send $250k to scammersIf the victim had lost the money in Britain, he would likely have received a full refund.03 Oct 10:05 PM
PremiumPremiumBanking and financeASB parent CBA could replace thousands of call centre staff with AIAI comes knocking for helpdesk jobs.18 Sep 03:39 AM
PremiumPremiumBanking and financeConstruction sector suspected suicides: 80 died last year, highest on recordData from Coronial Services dating back to 2007 shows record 2023 suicide numbers.09 Sep 05:00 PM
New Zealand'Just hang up': Pensioner's devices hacked, identity stolen during cunning Spark scamThe scammer spoke to the pensioner by phone for three hours while controlling his devices.05 Sep 06:25 AM
Banking and financePolice appeal to public after bank queue bashingSuspect fled after the assault.05 Sep 03:39 AM
PremiumPremiumOpinionDiana ClementDiana Clement: How ethical are your KiwiSaver investments?OPINION: KiwiSaver funds have quietly invested in industries that cause significant harm.24 Aug 05:00 PM
PremiumPremiumEditorialEditorial: Boosting Kiwibank a no-brainer but finding right investors keyOPINION: Outside investors in Kiwibank will need to have the right priorities.22 Aug 05:00 PM
Banking and financeASB cuts fixed mortgage ratesBank moves a week after the Reserve Bank cut the official cash rate.21 Aug 10:41 PM
OpinionBryce EdwardsPolitical Roundup: The Big Four banks' oligopoly saved from radical reformOPINION: 'Every day Kiwis are ripped off by the Big Banks.'21 Aug 02:51 AM
PremiumPremiumBanking and financeMortgage break fees: Businesswoman shocked at $15k charge to change banksA reason to watch those rates: changing banks could cost thousands.20 Aug 05:00 PM
PremiumPremiumBanking and financeComCom banking report due out – how will the Govt respond?What's already been said and done to improve banking competition.19 Aug 05:00 PM
New Zealand'Complete and utter 180 u-turn': Mortgage relief for home owners in surprise OCR cutThe major banks immediately moved to slash mortgage rates after the OCR cut.14 Aug 05:00 PM
Banking and finance'Darkest before the dawn': Reserve Bank cuts OCR, banks slash ratesIt's one of the most hotly anticipated interest rate calls this year.14 Aug 05:57 AM
PremiumPremiumBanking and financeASB's profit comes off its peak, CEO’s pay package jumpsCEO Vittoria Shortt denies the bank's resilience is a reflection of risk aversion.14 Aug 03:01 AM
New ZealandScammer duped pensioners out of $337k in elaborate ruse involving 'covert' police sting, 'fake' currencyThe scammer listened on the woman's phone 'from her pocket' when she visited the bank.13 Aug 05:00 PM
New Zealand'A win': Banks strike cash settlements with scam victims who lost $400kAn elderly victim made 13 offshore money transfers to scammers with help from bank staff.09 Aug 05:00 PM
Banking and financeMortgage war? Banks competing hard to win customersSome rates have eased in anticipation of the Reserve Bank lowering the official cash rate.02 Aug 01:23 AM
PremiumPremiumBanking and finance'High level of disappointment' - no pontoon bridge for Wynyard QuarterAssurances that the existing bridge would be fixed by December doubted.25 Jul 08:39 PM
Banking and financeMortgage wars: Major NZ bank undercuts rivals by lowering home loan rates againThe bank has cut its home loan rates for the second time in three weeks.24 Jul 03:39 AM
PremiumPremiumBanking and financeJoe Biden resignation: ‘Trump Trade’ bets and market volatility expectedStiff tariff talk, speculation about Trump 2.0 influence market moves.22 Jul 02:17 AM
Banking and financeMore home loan rate cuts – if you can get themRate relief may take time to filter through to households.22 Jul 12:47 AM
PremiumPremiumBanking and financeInflation fall puts October rate cut on the cards - ASBAs the inflation rate drops close to the target range, calls for early cuts are growing.17 Jul 05:00 AM
PremiumPremiumAgribusinessLiam Dann: Are we winning the inflation battle? Verdict due this week with CPI data outConsumer Price Index data should confirm whether November rate cut hopes are on the mark.14 Jul 05:00 PM
New ZealandThousands sign up for Jobseeker benefit; data points to more job lossesOver 2000 more people went on the Jobseeker benefit in May.09 Jul 10:25 PM
PremiumPremiumBanking and financeMore hope for early rate cut as ASB economists change forecastGloomy economy has lifted expectations for November rate cut.04 Jul 01:07 AM
PremiumPremiumBanking and finance‘We didn’t have any food in the house’: NZ's highest paid female exec on childhood trialsASB chief Vittoria Shortt talks to Liam Dann about her banking journey.29 Jun 05:00 PM
Banking and financeMajor banks offer mortgage suspensions to flood-affected East Coast residentsHundreds of properties have been affected by the latest wild weather to hit the region.27 Jun 06:28 AM
Banking and financeEke Panuku agrees to temporary Wynyard Quarter footbridge: Victory for businessesTh announcement was a reversal of a previous position to reject a temporary bridge.25 Jun 07:47 PM
PremiumPremiumAgribusinessLiam Dann: Recession or not, economic downturn will get worse before it gets betterKey parts of the economy are crashing while population growth flatters the headlines.20 Jun 03:53 AM
PremiumPremiumAgribusinessIs NZ still in recession? Economic growth data revealed this weekDid the economy grow or shrink in the March quarter? And does it really matter?16 Jun 05:00 PM
PremiumPremiumOpinionMary HolmMary Holm: Should I ditch KiwiSaver for term deposits?OPINION: Financial advice and common sense.14 Jun 05:00 PM
Capital markets reportFive global forces impacting investment decisionsHow might five global trends and upheavals affect your investments?12 Jun 04:59 PM