Official Cash RateASB to offer controversial reverse mortgagesASB has announced it will be the first major NZ bank to offer asset rich but cash poor customers reverse equity mortgages.25 Aug 08:45 PM
BDBDOfficial Cash RateKiwi dollar tipped to weaken on Aust election dramaThe New Zealand dollar may fall below 70 US cents this week as investors wait on the outcome of Australia's Federal election.23 Aug 02:40 AM
Official Cash RateGovernment underwrites Kiwibank expansionThe Government has underwritten Kiwibank's growth plans by providing its parent NZ Post with a backup funding facility it can draw on in emergencies.17 Aug 11:00 PM
OpinionFran O'Sullivan<i>Fran O'Sullivan</i>: Still waiting for answers on $45 millionAccountant John Hepburn claims the $45.5m dividend payout to Watson and Hotchin cannot be justified.17 Aug 05:30 PM
Official Cash RateBankers retract confessionsThe British bankers once dubbed the 'NatWest Three' are now recanting their guilty pleas.15 Aug 05:30 PM
New ZealandThe great credit card swindleNew Zealanders are paying about $10 million a month more in interest on their credit cards than they should be.14 Aug 05:30 PM
Official Cash RateKiwibank not profitable enough, Norris saysKiwibank has undercharged for too long and is reaping the fruits of not being profitable enough, Ralph Norris says.12 Aug 04:29 AM
Official Cash RateASB Bank profit dips, impairments nearly halveProfits have dipped at ASB Bank, but loan impairment charges have halved.11 Aug 12:00 AM
BDBDOfficial Cash RateFed details US debt shopping planThe Federal Reserve has voted to buy US Govt debt in a fresh bid to spur the world's biggest economy.10 Aug 08:15 PM
Official Cash RateCapitalism 'still the only game in town'The financial crisis offically began three years ago.10 Aug 05:30 PM
Official Cash RateKiwibank joins rivals, lifts ratesKiwibank has joined ANZ, Westpac and TSB today, moving to increase floating mortgage rates and cut longer term fixed rates.10 Aug 02:30 AM