Latest from ASB Bank Limited

Govt accused of doing billion-dollar backroom deal with banks

Lawyer accuses Government of poor law-making process.

Scammer who refused to name co-offenders may inherit share of $337k theft - judge

The judge threw out the appeal, ruling his prison sentence 'could well have been higher'.

$13b risk prompts Govt to back controversial bank law change

Banks are to benefit from the controversial decision.

$12,500 a year in savings? ASB cuts rates to match rivals

Rate-cutting merry-go-round continues as home owners set to save thousands of dollars.

From top to bottom: Gisborne slumps to last on economic scoreboard, locals still optimistic

Residents say there is more to the story than Gisborne's economic ranking suggests.

What to expect from today's GDP data?

Economists expect the recovery continued during the first quarter of the year.

Major bank cuts rates for second time in three weeks

BNZ and Westpac now have the lowest six-month and one-year rates on the market.

Rural vs urban economy: Who's doing 'the hard work' and which regions are booming?

ASB has released its Q1 Regional Economic Scoreboard: Food exports make an impact.

How first-home buyers are moving ahead in a challenging market

Many buyers are getting into their first homes with much smaller deposits.

Budget to reveal high watermark for $132b government debt

Economists expect Thursday's Budget to mark peak government debt levels.

‘Dagger through my heart’: JP linked to $1.8m scam unmasked after failed secrecy bid

Suren Sharma allegedly helped criminals steal $1.8m from 12 investment scam victims.

Kiwi startup lands TikTok as a client

Founder realises he has a blind spot - then corrects it.

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.