Latest from Banking

Reserve Bank faces mandate change after election

In an effort to lower rates and weaken the currency, Labour is pledging to broaden the RBNZ's policy goal by re-writing its main objective.

NZ dollar falls below 82 US cents

Interest rates left unchanged

Interest rates have been held at 3.5pc as Graeme Wheeler signals he won't be as aggressive with future hikes.

Dollar holds near seven-month low ahead of Reserve Bank decision

NZ dollar slips as greenback gains on US interest rates expectations

The NZ dollar declined as investors gain confidence about a recovery in the US economy, increasing demand for the US dollar.

NZ dollar drops to six-month low

NZ dollar declines as US dollar advances on optimism

Heartland buys into HarMoney

Heartland New Zealand will gain access to new borrowers through its investment in an online lending platform, says chief executive Jeff Greenslade.

Dollar rises to 4-month high against Russian ruble

KiwiBank lifts profit 3pc

Dollar slips as better US economic data buoys greenback

Dollar buoyed by Fonterra Chinese partnership

Landlords complain about bank loan tactics

Landlords are complaining about banks calling in loans from one property when another is sold.

Dollar falls as expectations for local rate hikes pushed out

The New Zealand dollar weakened overnight, weighed down by a rising US dollar and changing expectations for Reserve Bank interest rate rises.

Cycle has passed its peak, says NZIER

The Institute of Economic Research considers the economic cycle has passed its peak but that it will moderate to a still healthy pace.

Central banks to lawmakers: You try growing this economy

Power of monetary policy to drive global growth is nearing its limit. Further progress depends on government leaders.