Latest from Banking

Heartland buys Wrightson Finance for $100m

NZ banks buy into covered bonds

New Zealand banks have been raising billions of dollars in recent weeks by doing something their Australian parent companies can not yet legally do - issue covered bonds.

Westpac scores top

'I wouldn't have made that IVF ad': bank chief

BNZ's Aussie bond issue

Bollard signals December start to interest rate rises

<i>Bernard Hickey : </i> Doing nothing while we get poorer

The Reserve Bankdid nothing today, as expected. It did nothing to stop New Zealand's slide in relative poverty.

OCR stays at record low 2.5pc

Govt must tender Westpac contract, Greens say

<i>Bernard Hickey:</i> Kiwibank's foreign borrowing splurge

Kiwibank has revealed it borrowed $927m on short term 'hot' European money markets in five months and has quickly lent on much of it into the housing market.

Ananish Chaudhuri: Banks put vulnerable at risk from predatory lending

Kiwibank racks up short-term foreign debt

<i>Jim Eagles</i>: Less bang for your Kiwi buck

Ombudsman Deborah Battell says her office has received complaints from travellers that paying in their home currency when using credit cards may actually cost them more.

Moody's downgrades major banks' ratings

Kiwibank eyes growth in business banking

NZ Post says it has ambitious plans for its subsidiary Kiwibank to take a bigger slice of the business banking market.

Sell-off spectre over Kiwibank