Latest from Banking

Mortgage break fees: Businesswoman shocked at $15k charge to change banks

A reason to watch those rates: changing banks could cost thousands.

Nicola Willis responds to report calling for stronger Kiwibank, open banking

'Disruptive maverick' needed for the sake of consumers, watchdog says.

ComCom banking report due out – how will the Govt respond?

What's already been said and done to improve banking competition.

OCR coming down, how far will home loan rates fall?

Banks have already cut some rates.

Major bank slashes short-term home loan rates amid 'competitive environment'

Homeowners are the big winners as banks scramble to offer competitive rates.

'Complete and utter 180 u-turn': Mortgage relief for home owners in surprise OCR cut

The major banks immediately moved to slash mortgage rates after the OCR cut.

'Biggest flip-flop ever': Top economist slams Reserve Bank

Bank has cut the official cash rate by 25 basis points to 5.25%.

Prime Minister Christopher Luxon and Finance Minister Nicola Willis on the lower OCR

The Reserve Bank has cut the official cash rate by 25 basis points to 5.25%. It is the first cut since March 2020.

Nicola Willis open to making RBNZ ease bank capital rules

The Finance Minister is also seeking advice on a de facto 'bank tax'.

Opinion: Four reasons why selling part of Kiwibank could do more harm than good

OPINION: Any plans to part-privatise Kiwibank deserve close scrutiny.

'It would take out 20% of sales': what many Catalina Bay apartment buyers want

One-bedroom units are $1.1m, the penthouse is $5m: New project, nearly done, move-in soon.

Matthew Hooton: Kiwibank expansion plan deserves wide support

OPINION: Willis’ proposal honours Jim Anderton and Trevor Mallard’s vision.

ComCom to consult Australian regulators on impact of ANZ bond probe

Monopoly Watch director Tex Edwards calls for ComCom to delay its final banking report.

Households’ loan arrears may have peaked but tougher times likely for businesses

Around 465,000 people are behind on their payment obligations.

Easing of lending rules to make it quicker, but not necessarily easier to get loans

ANZ assures it will continue being a responsible lender.

Crushing 4% rental yield gap largest in 15 years – but many investors undeterred

'Rents are nowhere near enough to cover the mortgage for a typical debt-backed purchase.'