
BNZ ranked bank of the year
The banks has been named bank of the year for everyday banking by consumer organisation Canstar.
The banks has been named bank of the year for everyday banking by consumer organisation Canstar.
Reserve Bank may take interest rates to a new record low by October.
Things are still looking healthy for New Zealand's banks, despite a fall in lending margins at the start of this year.
Is the Govt really getting double the amount of dividends from its sold down power companies?
The number of mortgage holders paying break fees to cash in on near record-low interest rates has jumped, with some homeowners saving thousands from the switch.
McVitty Properties has completed its liquidation, leaving creditor BNZ with a shortfall of about $2.6 million.
KiwiSaver providers are struggling to move savers out of the default funds despite a requirement by the Government to give people more information on their choices.
BNZ boss Anthony Healy says he doesn't believe the Auckland property market is entering bubble territory.
The lawyer heading up a legal fight against NZ's major banks over fees says he won't be throwing the towel in despite a ruling in favour of ANZ in Australia.
At least four banks have quietly dropped cash incentives aimed at wooing home loan customers.
NZ's first mobile wallet has been launched by technology company Semble in collaboration with national mobile operators and banks.
Thousands of BNZ customers are set to lose the ability to earn airpoints on credit card transactions, though the bank is offering a new cash-back incentive.
Air New Zealand is dropping BNZ in place of Westpac as its official Airpoints partner.
The major banks are breathing a sigh of relief that the Reserve Bank has decided to drop the 5+ proposal.
Home loans became more affordable last month, with the typical home buyer saving $30 per week on mortgage repayments compared to December.
New Zealand's banks had a bumper 2014, with home loan demand amid a booming property market helping to boost their combined profit by more than 20 per cent to a record $4.8 billion.
Banks will need to "reinvent themselves" if they want to keep increasing shareholder returns, according to a new report.
The New Zealand dollar pushed on to a 21-month high against the euro yesterday as the spectre of deflation swept through Europe's financial markets.
New Zealand manufacturing activity eased from a 15-month high in November, while remaining in expansion for the 26th consecutive month, as production and new orders declined in the month.
A $6 billion drop in dairy farmers' incomes this season is a blow to the wider economy, no question, writes Brian Fallow. But it's not all bad.
An architect of the Trinity forestry tax scheme has failed to convince the High Court to halt bankruptcy action against him.
Manufacturing sales rose in the third quarter as an increase in output of metal building products offset a decline for both meat and dairy.
Today we count down to the announcement of the Herald Business Leader of the Year. Here are the first of this year’s nominees. The winner will be named on Saturday.
An architect of the Trinity forestry tax scheme is facing bankruptcy action from the Bank of New Zealand over a guarantee he gave on debt.