PremiumPremiumBanking and financeBanks select provider for confirmation-of-payee, a key anti-scam measure; Consumer says efforts ‘too slow, too light’But the Government and banks have differing takes on one of the next steps.30 Apr 02:25 AM
PremiumPremiumBanking and financeWestern banks in Russia paid $1.4 billion in taxes to Kremlin last yearFinancial Times: A fourfold increase on prewar levels for lenders still in Russia.29 Apr 08:54 PM
Banking and financeRBNZ wants banks to be more careful issuing mortgagesThe bank is wary of banks issuing loans against properties that become hard to insure.29 Apr 05:00 PM
New ZealandKiwibank manager helped customer send $300k to scammers months after FMA warning“I’m on anti-anxiety medication. I can’t work. What have I got to look forward to?"28 Apr 05:00 PM
New Zealand'Little banking bubble': Scam victim slates Ombudsman ruling on full compo claimThe pair accused BNZ of missing crucial 'red flags' regarding a known scam.28 Apr 07:39 AM
Banking and financeRBNZ refuses to bend rules to improve bank competitionThe RBNZ's financial stability mandate clashes with the competition watchdog.23 Apr 03:02 AM
PremiumPremiumAged careEx-Super Fund CEO’s new job revealedMatt Whineray to lead triple-firm finance merger.22 Apr 10:28 PM
Banking and financeLending rules: What do the changes mean and should we be worried about loan sharks?Lenders to be given more discretion to assess loan applications.21 Apr 02:00 AM
PremiumPremiumOpinionLiam DannLiam Dann: Why so many Kiwis are leaving for Australia and its stronger economyOPINION: Kiwis are leaving at record rates, recalling NZ's great late 1970s brain drain.20 Apr 05:00 PM
New ZealandMillion dollar scam: The victims and the young Auckland muleThe pair had searched online for 'safe' investment opportunities.18 Apr 05:00 PM
New ZealandRecord number of home owners fix on one-year terms as they bet on interest rates fallingHome owners don't want to miss out on the chance interest rates could fall next year.17 Apr 12:01 PM
PremiumPremiumOpinionJenée TibshraenyBuyer beware - improving competition among banks comes with catchesHurdles high to improving competition among banks.16 Apr 03:00 AM
New ZealandHow a fraudster broke into bank accounts with simple mobile phone ployCasey Smith stole $50,000 after getting a new SIM card for the victim’s phone number.15 Apr 08:00 AM
Banking and financeBanks want government help with anti-scam centreWe can't do this alone, banks say in wake of huge scam losses.15 Apr 12:12 AM
Markets with MadisonNational Australia Bank’s new boss is big on BNZExclusive: Aussie bank boss fronts up about its big profits here.14 Apr 07:00 PM
New ZealandFaces of the victims: The 25 scam casualties who lost $6.7 million to fraudMeet the victims who bravely told their stories about being scammed.13 Apr 05:00 PM
PremiumPremiumBanking and financeContested decision as ECB holds interest rates at 4%Financial Times: Some policymakers backed cut at latest meeting.11 Apr 09:59 PM
Banking and financeScams: People trust banks more than family to give adviceHackers are freaking some people out more than climate change, one cyber agency says.09 Apr 05:00 PM
New Zealand'Positive first step': Fed Farmers welcomes probe into rural banking interest ratesThe federation has wanted an independent inquiry into rural banking since September.09 Apr 03:17 AM
PremiumPremiumOpinionOpinion: Why we need more banks, not bigger onesOPINION: And how Kiwibank is ideally placed to lead this change.09 Apr 02:35 AM
PremiumPremiumAgribusinessSynlait shuffles deckchairs to speed up asset salesSynlait has put its chief finance officer in charge of speeding up the sale of Dairyworks.08 Apr 09:36 PM
PremiumPremiumSmall BusinessBusiness blues bubble to the surface as bad debts riseAn accountant says some businesses should consider whether staying open is viable.08 Apr 05:00 PM
Banking and financeHeartland seeks $210m for Challenger Bank buy; CEO stepping downHeartland CEO Jeff Greenslade will leave after the Challenger acquisition.07 Apr 11:23 PM
New Zealand'Failing consumers': Banks reviewing fraud rules after threat of Govt regulation'Banks are paying lip service to this at the moment but I don’t see any action.'04 Apr 04:00 PM
Aged care'Silver lining' of immigration: New house consents plummet, what might change that?'For every three people coming into New Zealand, we need a new house.' - Mike Blackburn.03 Apr 10:12 PM
PremiumPremiumBanking and financeTug-of-war under way over how open banking is rolled outFintechs accuse banks of putting unreasonable conditions around data sharing.03 Apr 04:31 AM
PremiumPremiumLetters to the EditorLetters: Where is banks' duty of care on scams?; Easter trading follyOPINION: Good teachers should not be accountable to a nationally imposed system.02 Apr 04:00 PM
AgribusinessSynlait deeply in the red, wins reprieve from bankersFive key elements are outlined for Synlait to have a clear plan to slash debt.01 Apr 08:36 PM
New Zealand'Devastated': Officer loses $250k to scammers, ASB manager helped victim send money to thievesThree victims lost $550k through an ANZ 'money mule' account.01 Apr 04:00 PM
LifestyleHow Māori minister wants to change banks’ ethics from the inside'A bank ought not to exist simply to make impossible sums of money.'31 Mar 08:00 PM
New ZealandWatchdog refuses compo for $100,000 scam victim, says banks can't be compelled to check for fraudThe watchdog says banks can't be forced to monitor for references to known scams.31 Mar 02:52 AM
PremiumPremiumOpinionDiana ClementDiana Clement: Why a digital disruptor could offer a better deal than your bankOPINION: There's a growing number of digital accounts available from disruptors.30 Mar 04:00 PM
BusinessMarkets with Madison: Money printingThe Governor of the Reserve Bank of New Zealand explains how the expansion of money supply and higher consumer prices have eroded people’s purchasing power. Video / Carson Bluck / Mark MitchellWatch28 Mar 06:00 PM
OpinionOpinion: National is choosing reckless tax cuts for landlords over everyday KiwisOPINION: Supermarkets and banks make absurd profits - consumers are the butt of the joke.26 Mar 04:00 PM
