The official cash rate cut won't be passed on to mortgage holders at major banks across New Zealand.

The squeeze is being put on home loan borrowers as a second major bank lifts its fixed term mortgage rate.

Almost two-thirds of Aucklanders who don't own their own homes plan to buy their first homes outside the city.

Kiwis' online retail spending in September was up 15 per cent on last September, with a strong New Zealand dollar making many international

BNZ boss Anthony Healy says mortgage holders should not expect predicted cuts to the official cash rate to flow through to home loan

The BNZ has reported a $125 million drop in its full year profits on the back of a lower trading income and losses on hedging derivatives.

The bank has confirmed it may restructure parts of its business and the Herald understands up to 500 jobs could be affected.

The BNZ-BusinessNZ performance of services index declined to a seasonally adjusted 54.1 in September.

BNZ has confirmed it may restructure parts of its business and the Herald understands hundreds of jobs could be affected.

A Whanganui resident has been subject to scam banking text messages.

Despite painstaking and careful restoration of a historic bank building in Marton, Auckland owner Steve Quinn's progress has now been

John Waller was made an Officer of the New Zealand Order of Merit for services to business and the community last year.

Auckland property developers fear that a sudden tightening of bank lending may "throttle" new housing projects despite the city's desperate housing shortage.

Two of our biggest banks will no longer lend to overseas-based buyers of New Zealand property.

An online banking blip left some BNZ customers out of pocket and embarrassed this afternoon.

A 16 per cent drop in the Bank of New Zealand's net profit after tax was due mainly to lower gains on financial instruments, affected

National Australia Bank's New Zealand cash earnings dropped 3 per cent in its first half as the lender took impairments against its rural loan book.

BNZ is facing a lawsuit which a liquidator of a freight-forwarding company says should have gone to the New Zealand Customs Service for import duty.

But shine of record earnings dulled by news of slower growth.

BNZ has cracked the billion dollar profit level, but has put aside a big pile of cash for potential bad debts from its rural customers.

Bank shoots past the billion-dollar mark for the first time.

It's an affordability issue, not necessarily a bubble.

BNZ has disclosed research finding almost 1 in 3 homeowners will be older than retirement age before they throw off the shackles of a home mortgage.

State-owned bank now offering six-month rates of 5.19 per cent - and 4.59 per cent for a two-year term.

BNZ reduces one-year fixed rate to 4.35 per cent ahead of Reserve Bank's expected announcement that OCR will be cut.

NZ's five biggest banks continued to show strong earnings growth, but questions are being raised about whether this can be sustained.

It's a 60-year low as banks vie to undercut each other.

BNZ has lowered its 2015/16 milk price forecast for Fonterra but says it expects dairy prices to recover late this year.

Disruption is not something the Co-Operative Bank or BNZ have actively sought, they say, but was rather a by-product of striving for improvement.