Latest from Banking
NZ’s largest taxpayers revealed - does big business play fair?
Thirteen companies each pay more than $100m in annual income taxes.
Big Reserve Bank scheme to protect Kiwis' savings launching
Will scheme change the way people manage their money?
'Deep, deep hole': Kiwibank economists call for more OCR cuts
Economists expect a 25bp cut next month or in August, with another by year-end.
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.
Auckland businessman sacked from Beca, warned to expect jail sentence for role in $2m scam
The South African costings professional had been earning $200k a year plus bonuses.
Another major bank cuts mortgage and deposit rates in NZ
But it isn't matching other banks which are offering 4.89% over 18 months.
Paved paradise? Top Auckland school builds staff car park on $150m gifted farmland
The ASB MAGS Farm is protected by a covenant requiring it be used to teach farming.
Public in the dark over Adrian Orr's resignation, as RBNZ delays information release
Assistant governors hired by Orr depart amid the Reserve Bank's restructuring.
Fake police 'courier' defrauded 19 elderly victims
The scammer was caught in the act by police when he showed up to collect $170,000 of gold.
Tech Insider: Wellington man gets shock $16k bill after using a Google AI-ready tool
PLUS: Some good news for fintechs in the open banking war.
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