Banking and financeASB will fight fee claims, says ownerCommonwealth Bank of Australia boss Ian Narev says his bank and its New Zealand subsidiary ASB will vigorously defend accusations of unfair and illegal default fees levelled by a legal consortium.14 Mar 04:30 PM
BDBDBanking and financeWheeler jolts market despite OCR holdThe kiwi dollar dropped by 1 US cent after the Reserve Bank warned that a strong currency could always prompt an OCR cut.13 Mar 10:37 PM
BDBDBanking and financeReserve Bank leaves OCR on holdThe Reserve Bank says the Official Cash Rate will stay at its record low of 2.5pc. The kiwi dollar dropped on the news.13 Mar 10:17 PM
OpinionClaire Matthews: Win on bank fees suit may send wrong messageA massive class-action suit being taken against New Zealand's big four banks and Kiwibank was announced with much fanfare earlier this week.13 Mar 08:30 PM
Banking and financeKiwis stung by bank feesKiwi bank customers are being stung by significantly higher default fees than their Australian counterparts but some say banks across the Tasman are undercharging.13 Mar 06:17 AM
Banking and finance10,000 join fight against banksAndrew Hooker won't say who he banks with but isn't worried that the billion-dollar legal case he is taking against New Zealand's major banks will force him to stash his cash under a mattress.12 Mar 04:30 PM
AgribusinessDollar to peak - but when?Businesses expect the New Zealand dollar to peak around the middle of the year before declining, according to an ASB Bank survey.12 Mar 04:30 PM
Banking and financeTraffic movements point to economic pothole aheadANZ's Truckometer indicator is pointing to a tepid start to the year and a risk of recent history repeating, where short-term surges in momentum are followed by a slump.12 Mar 04:30 PM
Banking and financeFees battle: 'Bank owes me $10,000'An Auckland woman says she is owed $10,000 in excessive bank default fees after she was not able to meet her mortgage repayments during a time of financial hardship.12 Mar 04:30 PM
Banking and financeShadow board tips OCR holdThe NZIER shadow board thinks on balance the Reserve Bank should keep the official cash rate on hold at 2.5 per cent tomorrow, but compared with six weeks ago there is less support for a cut and more for a hike.12 Mar 04:30 PM
Banking and financeThousands sign up for bank fee lawsuitMore than 10,000 people have registered to join a billion dollar legal case against New Zealand's major banks in less than 24 hours.11 Mar 09:30 PM
Banking and financeHackers exploit email to access RBA computersThe Reserve Bank of Australia's computer systems have fallen victim to cyber hacking in at least two sophisticated online attacks.11 Mar 04:30 PM
Banking and finance$1b class lawsuit targets big banksA billion-dollar lawsuit against New Zealand's banks could have an impact on their bottom line profits but the banks' lobby group says it has doubts over the claim gaining traction.11 Mar 04:30 PM
Banking and financeClaim in bank-fee fight inflatedA banking expert says a bid to take a billion-dollar class-action lawsuit against New Zealand's banks is ambitious and the amount claimable appears to be inflated.11 Mar 04:30 PM
BDBDBanking and financeBank lawsuit unveiled: 1m Kiwis eligibleNew Zealand banks face what is expected to be the biggest class suit the country has seen over $1 billion in default fees claimed by lenders over the past six years.11 Mar 02:00 AM
Banking and financeOCR expected to stay lowThe financial markets see no chance the Reserve Bank will raise the official cash rate on Thursday, so their focus will be on how the accompanying monetary policy statement describes the balance of risks going forward.10 Mar 04:30 PM
Banking and financeSector weighs Reserve Bank lending toolsRegulating loan-to-value ratios would not be the Reserve Bank's favoured option, believes the Bankers' Association.05 Mar 04:30 PM
Banking and financeReserve Bank unveils 'tool-box' strategy paperThe Reserve Bank has released a consultation paper on the macro-prudential instruments it wants to add to its toolbox.04 Mar 04:30 PM
Small BusinessStock Takes: Green lightLooks like details of the long-awaited Mighty River Power float are set to be released on Monday with the Government raring to go after receiving the all clear from the Supreme Court.28 Feb 09:10 PM
Banking and financeHousing loan ratios 'bank's call'Bill English says the greatest influence on the housing market will continue to be interest rates and supply constraints created by the planning system, writes Brian Fallow.27 Feb 10:00 PM
OpinionBrian FallowBrian Fallow: Reserve Bank heats dollar debateThe higher the exchange rate is, the lower interest rates can be, writes Brian Fallow. Asset price inflation, in the Auckland housing market at any rate, is alive and well.27 Feb 04:30 PM
