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Final big bank drops home loan rates after OCR cut
Westpac announced changes to its six-month and one-year rates today.
Lender accused of preying on 'vulnerable' members of NZ Tongan community
The woman is accused of charging weekly 15% interest, $10 a day late fees.
ANZ cuts home loan rates, lowest rate in three years
The bank has cut all of its home loan rates and the majority of its term deposits.
Woman who received pensioner’s $158k in bank error pleads not guilty, name suppressed
The woman was granted name suppression after arguing undue hardship.
Wellington Police warn of spike in card-skimming thefts
Wellingtonians have lost thousands with 12 cases of skimming reported in the past week.
Opinion: Financial literacy is about more than personal responsibility
Financial literacy will become core for Year 1-10 students from 2027.
Church-going bank employee led secret life laundering $3m for meth syndicate
He was a literal poster boy for ASB but also corrupted colleagues, collected P shipments.
Mary Holm: The biggest winners and losers from the Government's KiwiSaver changes
OPINION: Young people are the only clear winners in the Budget announcements.
Banks drop interest rates after Reserve Bank cuts OCR
The Official Cash Rate was dropped from 3.5 to 3.25%. ANZ and BNZ have begun moving.
Major bank ends Airpoints credit card rewards
State-owned Kiwibank said costs and regulations had increased, making it unviable.
Bank accused of using $1m scam victim’s hardship to dodge potential liability
'This case has liability avoidance written all over it,' financial commentator claimed.
Herald NOW: What are our rights when dealing with banks?
What are our rights when dealing with banks? Ryan Bridge asks banker Claire Matthews Video / Herald NOW
Finders keepers? Woman who received $158k in transfer error charged with theft
The woman could face up to seven years in prison if convicted.
Mary Holm: Are bond investments a scam?
OPINION: Many KiwiSaver funds include high-quality bonds, except for the most risky ones.
TSB blocks probe after staff help customer send $1m to scammers
'If they’ve got nothing to hide, why are they trying to evade the Ombudsman?'
Andrew Barclay to leave Goldman Sachs NZ
Barclay has been one of New Zealand's most respected deal-makers.
What to avoid doing when trying to buy your first home
While interest rates may be positive, other factors could impact your purchases.
Former Fisher manager David McLeish takes on banks with new savings fund
Former Fisher Funds fund manager David McLeish launches Wedge
‘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.
UK bank accuses Westpac of ‘critical errors’ after customer sent $158k to wrong account
Westpac denies liability, blaming the customer for keying the wrong account details.
NZ’s biggest bank at bottom of customer satisfaction rankings
The country's biggest bank scored 57% in Consumer NZ’s latest satisfaction ratings.
‘Rip-off’: App developer and Consumer say fees will stifle open banking
Government, banks respond.
ANZ NZ's first-half profit edges up to $1.16 billion
Chief executive Antonia Watson says the flat result reflects the state of the economy.
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.
BNZ preserves margins on flat half-year
BusinessDesk: BNZ outranks its Australian cousins for customer preference.
'Significant risk': Tariffs heighten volatility, Reserve Bank warns
Banks have strong capital to maintain credit flows amid market volatility.
Westpac CEO intervenes after pensioner loses $158k in bank transfer error
The money went to an Auckland woman who allegedly spent it on cars and transfers.