Latest from Banking

ANZ, BNZ bosses in no hurry to follow Reserve Bank’s advice on insurability of property

The Reserve Bank believes more risk-based pricing could improve financial stability.

ANZ increases cash profit as net interest margins get squeezed

The bank is New Zealand's largest.

Next few months will be ‘critical’ for economy says Westpac NZ CEO

Westpac NZ CEO cites tense geopolitical environment adding to uncertainty.

Liam Dann: Don't bet your house (or your mortgage rate) on inflation forecasts

OPINION: It's taken years to start causing a serious economic downturn.

The forgotten $477m fortune: Why Kiwis should check IRD's website to see if they can claim

More than 415,000 Kiwis are owed $477 million in unclaimed funds with the IRD.

Savers slowly capitalise on high interest rates

BNZ's profitability falls as savers shift their funds to accounts that pay more interest.

Bad mortgage debt expected to rise by 40 per cent by year's end

The Reserve Bank says banks are well positioned to help struggling borrowers.

Lamborghini-driving fraud-accused charged over $8.6m scheme

SFO prosecution of Gerard Peters and others comes three years after Herald reports.

Million dollar scam: The victims and the young Auckland mule

The pair had searched online for 'safe' investment opportunities.

Record number of home owners fix on one-year terms as they bet on interest rates falling

Home owners don't want to miss out on the chance interest rates could fall next year.

Buyer beware - improving competition among banks comes with catches

Hurdles high to improving competition among banks.

How a fraudster broke into bank accounts with simple mobile phone ploy

Casey Smith stole $50,000 after getting a new SIM card for the victim’s phone number.

Banks want government help with anti-scam centre

We can't do this alone, banks say in wake of huge scam losses.

National Australia Bank’s new boss is big on BNZ

Exclusive: Aussie bank boss fronts up about its big profits here.

Faces of the victims: The 25 scam casualties who lost $6.7 million to fraud

Meet the victims who bravely told their stories about being scammed.

Contested decision as ECB holds interest rates at 4%

Financial Times: Some policymakers backed cut at latest meeting.