Banking and financeWestpac cuts two year fixed rateWestpac is cutting its two year fixed rate to match that of rival ASB.11 Nov 04:50 AM
Banking and financeHome lending falls as new rules biteThe total value of home loans approved dropped below $1 billion in the last week of October - the first time since July.11 Nov 12:46 AM
Banking and financeBig banks get $3.5b profitNew Zealand's big four banks collectively made more than $3.5 billion of profit in the last year in another record year for the sector.05 Nov 04:30 PM
Banking and financeBig banks' record profitsNew Zealand's big four banks collectively made more than $3.5 billion in the last year in another record year for the sector.05 Nov 04:24 AM
Banking and financeAuckland house prices hit all-time highAuckland house prices hit an all-time high, Barfoot & Thompson data just out showed, despite Reserve Bank lending restrictions.04 Nov 09:44 PM
Banking and financeWestpac cuts high-risk loansWestpac chief executive Peter Clare says the bank's rivals have been left with a "hangover" after pushing forward with mortgage pre-approvals.04 Nov 04:30 PM
Banking and financeHome buyers pick price riseThe Reserve Bank's restrictions on low-deposit mortgage lending have yet to dent expectations that house prices will rise.04 Nov 04:30 PM
Banking and financeBig Aussie banks rack up $31b in profitsThe big four Australian banks made more than A$27 billion (NZT $31b) in profits in the past year, making Australasia's banking sector one of the world's most successful.04 Nov 05:07 AM
Banking and financeOmbudsman fields gripes over banks' behaviourThe banking ombudsman has had 10 complaints about the loan-to-value-ratio (LVR) changes introduced on October 1, with eight related to banks withdrawing prior approvals.30 Oct 04:30 PM
Banking and financeNew-home builds on holdOne of NZ's largest home builders says new loan restrictions have cost it 24 new-home builds in the first month alone - and it expects more as the policy bites.30 Oct 04:30 PM
BDBDBanking and financeWidespread bank pay delayPayments between New Zealand banks have been restored after a glitch at ANZ New Zealand led to industry-wide disruptions.29 Oct 10:10 PM
Banking and financeShadow board tips Reserve Bank to hold rateThe NZIER shadow board believes the Reserve Bank should leave the official cash rate on hold at 2.5 per cent when it reviews it tomorrow.29 Oct 04:30 PM
Banking and financeBuyer furious as bank pulls loanAn Auckland man is furious his pre-approved home loan was withdrawn less than 24 hours after he called his bank and was assured the deal was sound.29 Oct 04:30 PM
Banking and financeCourt sets December deadline for joining lawsuit over bank feesThe High Court has given ANZ/ National Bank customers until December 13 to sign up to a lawsuit against the bank over fees, according to a group taking the case.29 Oct 04:30 PM
Banking and financeDoor open for more bank fee complaintsA court ruling means thousands more people could sign up to a lawsuit against the ANZ bank over fees.28 Oct 09:35 PM
Banking and financeMining boosts Oz walletsAustralia is nearing the end of a mining boom which has largely insulated the economy from the travails of the global financial crisis.27 Oct 04:30 PM
Banking and financeEx Fed Reserve chairman strikes backFormer Fed Reserve chairman strikes back in a new book at allegations he helped cause the global financial crisis.27 Oct 04:30 PM
Banking and financeGlobal money laundering scams hit NZBusiness owners are being warned to watch out for overseas money laundering scams, which are targeting New Zealand's small businesses.26 Oct 11:03 PM
