Banking and financeBanks to 'cherry pick' loansNew loan restrictions mean the "poor middle-class" hoping to buy their first home will be left out in the cold as banks cherry pick their ideal customers.21 Aug 05:30 PM
WorldDeath after 21-hour shiftsSerious concerns have been raised about the punishing hours endured by interns at London City investment banks after the death of a young Bank of America Merrill Lynch employee.21 Aug 05:30 PM
Banking and financeNew mortgage restrictions from RBNZReserve Bank Governor Graeme Wheeler said banks will be subject to restrictions on high loan-to-value ratio (LVR) housing mortgage loans from October 1.20 Aug 03:50 AM
Banking and financeExternal Reserve Bank members not favoured in studyMost western central banks do not entrust interest rate decisions to committees with external members - the model favoured by the Green and Labour Parties - a Reserve Bank study found.18 Aug 05:30 PM
Aged careHousing big factor in retirement qualityWhether you own your own or rent can have a big impact on the kind of lifestyle you have in retirement, says Massey University.15 Aug 12:30 AM
Banking and financeASB faces headwinds despite resultASB Bank boss Barbara Chapman is hoping the bank will continue its strong growth run but says it faces headwinds as borrowers switch to fixed mortgage rates .14 Aug 05:30 PM
OpinionBrian FallowBrian Fallow: Curbs may help big-deposit holdersAs curbs on lending to home buyers with low deposits draw closer, one question that arises is how banks will do the rationing, writes Brian Fallow.14 Aug 05:30 PM
Banking and financeANZ: Glitches not due to National mergerA series of glitches affecting ANZ customers and merchants this year does not stem from the bank's technology merger with the National Bank, ANZ says.13 Aug 03:15 AM
New ZealandEx-AB targeted in scamA World Cup-winning All Black has been named as one of 13 victims in an alleged credit card scam run by a 20-year-old.12 Aug 11:07 PM
Banking and financeHouse prices down, sales upHouse prices dipped last month, says the Real Estate Institute, but the number of properties changing hands was up more than 10 per cent from the month before.11 Aug 11:00 PM
New ZealandANZ customers affected by outagesANZ was tonight still trying to fix a glitch with its eftpos terminals which saw some cards stop working and some customers charged twice for the same transaction.11 Aug 03:36 AM