Bank boss's interest rate warning for homeowners
Vittoria Shortt's comment comes as most borrowers bet on rates falling by mid-next year.
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Latest from ASB Bank Limited
Scam victim horrified nine others lost $800k after he reported $1m fraud to banks, police
The victim sent 20 separate money transfers of $50k each over just eight days.
ANZ misses watchdog's scam warning after email caught in spam filter
Consumer NZ says ANZ's spam filter systems seem more effective than those detecting fraud.
'Fight for justice': BNZ told to reimburse scam victims nearly $300k after missing ‘red flags’
The Banking Ombudsman found BNZ had missed crucial warning signs of a known scam.
JP accused of laundering $1.8m in scam proceeds appears in court, granted suppression
One of the JP's alleged victims lost $1m in the scam, according to court documents.
Investment scam: Auckland JP charged with 10 counts of money laundering worth nearly $1.8m
Police seized documents and computer equipment during a search at his home this week.
'Sorry to be intrusive': Polite bank robber gets home detention for two armed heists
It's very unusual for such cases to not result in imprisonment, the judge acknowledged.
December spending on a “sharper decline than expected”
Electronic card spending fell at the end of last year which might be bad news for retail.
'Substandard systems': Watchdog calls for ASB to refund scam victim’s $100k loss
A financial expert claims ASB was on notice of criminal activity but failed to detect it.
'No red flags': Heartbroken realty agent loses $100k in elaborate finance scam
'I just burst into tears. It’s my life savings'.
Man allegedly linked to $100k scam being removed from JP website, fresh probe launched
The accused JP is authorised to certify anti-money laundering documents for finance firms.
'A joke' - Kiwi victim of $100,000 scam refuses $2000 ‘goodwill payment’ by ASB
Nearly six month after scam reported, police are yet to interview the alleged mule.
Third major bank cuts home loan rates before Xmas
More mortgage rates could be heading south early in the New Year.
'Glacial response': Consumer watchdog slams NZ banks after update on fight against scammers
Work is 'progressing' to introduce a co-ordinated Anti Scam Centre to protect customers.
Waikato Rugby president named volunteer of the year
A big supporter of grassroots rugby, Grainger has been involved in the game for decades.
He’s a towering figure in the tourism industry. Last night he was named CEO of the year
Webster's drive to build back better and not waste a crisis marks his leadership.
Watch live tonight: Deloitte Top 200 awards
New Zealand's most prestigious business awards live.
Banks turn up the heat on high-growth funds
ASB & BNZ want a slice of the aggressive investor. Milford CEO responds.
Scam stoppers: ASB boss says safety before speed of payments
Bank scams cost Kiwis an estimated $200m in a year - so what's ASB doing about it?
'It's bizarre': Police uncover web of victims after widow loses $100K in FB hacking scam
An Australian man caught up in the case lost $500,000 in a romance scam.
Scamfest as retailers hope Black Friday and Cyber Monday pay off
Two big events made in the US, and one made in China, aim to ignite retail fortunes.
How CEOs should tackle the rise of generative AI
Three finalists line up for the Deloitte Top 200 CEO of the year award.
Deloitte Top 200: Finalists named for 2023 business awards
One emerging theme this year is how to handle new technology such as AI.
KiwiSaver loses $1b on negative returns - best and worst funds revealed
Returns slip for all KiwiSaver funds in September quarter.
JP says bank account frozen after allegedly receiving $100k in stolen money
The private investigator, the secret recording and the fake Bitcoin investment contract.
Banking Ombudsman launches probe into ASB after pensioner loses $100k in FB hacking scam
The victim's family want an independent review of ASB's processes.
'Not a good look': ASB should have reported $100K fraud to police
'Where does their liability sit for this if other cases are discovered?'
'Bizarre': Widow loses $100k in Facebook hacking scam, family furious at ASB
“If the bank had contacted the family we may have been able to recover the funds.”
NZ no longer in recession, GDP result exceeds expectations
Strong exports, IT services, manufacturing helped drive growth in second quarter.
Are we out of recession? Economists make their picks
After two quarters of contraction, has the economy rebounded - and can it last?
'Far too late': Victims sick of 'false promises' as banks announce changes to fight scams
"Unfortunately, this comes far too late as my family’s lives have already been destroyed."
'Absolute negligence': Financial expert lashes Kiwi banks, alleges systemic security failures
It’s absolute negligence on the banks’ behalf and it’s an embarrassment internationally.'
Victims who lost $1.25m to scammers via alleged 'mule' believe ASB should accept liability
"Some kind of red flag should have been raised."
Revealed: The surprise global winner of huge ASB ad and marketing account
Media Insider: The contract is one of the biggest in the NZ media industry.