Latest fromBanking
Woman who received $158k in bank transfer error could face charge, jail time: expert
The money was allegedly used for cars and sent to a boyfriend and a relative.
The offspring: How heirs to Kiwi family fortunes earn their keep
Meet the heirs of New Zealand's wealthiest families.
Markets with Madison: Kiwibank’s future
The state-owned bank is raising $500m in a bid to beat big Australian-owned banks. Is a capital injection enough to make it competitive?
Better compensation for scam victims from banks
Banks are putting in better compensation for scam victims.
Banks to reimburse fraud victims up to $500,000 under new rules
New tech will identify risky transactions and freeze suspect accounts.
'Political interference': Concerns over RBNZ's capital rules review
Conflict zone: NZ's independent central bank and the Finance Minister's agenda.
'Overstaffed': Two Reserve Bank assistant governors quit amid restructure
Departures following Adrian Orr's shock resignation as governor.
ASB Securities impersonated, scammers suspected of exploiting volatile economy
The fake share traders invite people to connect over WhatsApp, bank says.
BNZ fixed loan rate falls to 4.95% as major banks trim mortgage rates
Special rates are being offered under 5% after the OCR dropped 25 basis points.
Former high-flying property developer ditches private jets as market turns down
Matthew Horncastle of Williams Corporation says he is now 'pretty boring'.
Nadine Higgins: Deposit rates tumbling – where do I put my savings now?
OPINION: Term deposit rates have fallen from 6% last year to about 4.3% now.
Treasury keen on crisis time OCR cuts, not spending and money printing
The agency still can't pinpoint the benefits of the Covid-era $55 billion LSAP programme.
Lower interest rates to do heavy lifting reviving the economy - Jenée Tibshraeny
Monetary policy is poised to do much of the heavy lifting spurring economic growth.
US Treasury bonds are being sold off. Here’s why it’s concerning
A new, unsettling red flag.
Wattle Park developer liquidated: Kiwibank owed $3.6m, Inland Revenue $1.09m
Project completed in January 2022 but developer blames Covid and the downturn for debts.
Law change could quash 150,000-person strong class action against ANZ and ASB
Bank customers could miss out on hundreds of millions in compensation.
Architectural designer admits money laundering, seeks discharge and permanent suppression
The designer helped scammers steal $235,000 from two investors.
Within days of arriving in NZ, Aussie man helped scam 71yo out of $150k
The reluctant NZ resident wants to make up for the fraud – with volunteer work, not cash.
Mary Holm: I’m spending half my pay on my mortgage and I’m struggling to save
OPINION: It sounds to me as if you're being too tough on yourself.
Housing glut: Auckland’s biggest agency has record unsold stock
Some Auckland vendors had begun to expect higher prices, REINZ said of February data.
This tip could help boost your mortgage strategy
Experts suggest considering the two-year 4.99% rate for stability.
Billions sitting idle: Should banks be more proactive to help us earn interest?
A closer look at which banks prompt customers to get more bang for this buck.
‘Scammers don’t sleep’: FMA under fire for delayed scam alert after retiree loses $1m
The FMA took 47 days to issue a scam warning, during which a retiree lost $1m.
RBNZ to review controversial bank rules, championed by Adrian Orr
Decision comes as banks lobby for loosening of rules.
$135m distributed last year by iwi to members
Distributions paid have increased by around 35% in the last five years: Phil Barry, TDB.
Watchdog launches probe after ANZ helped victim send $250k to scammers
ANZ refused liability saying there were no indications of fraud or 'red flags'.
Builders of Auckland’s abandoned 57-level Seascape tower win $33m claim
Judge: 'I order Shundi to pay the sum in the statutory demand within five working days.'