Latest from Banking

<i>Liam Dann</i>: Stimulate - or fix deficits? Ask the octopus...

Judge says ex-escort entitled to privacy

NZ dollar peeks above US71c on risk appetite boost

The NZ dollar peeked above US71c for the first time since late June as good economic data from the US and Australia restored faith in the global economic recovery.

Former Rabobank executive to run South Canterbury Finance's 'good bank'

South Canterbury Finance has named a former Rabobank executive to run its so-called "good bank".

Kiwibank growth slows

Kiwibank had slowing growth and shrinking margins in the March quarter, says KPMG.

Chinese IPO may be world's biggest

Queen's bank puts hard word on clients

NZ dollar gains on weakening US dollar

The New Zealand dollar gained on a weakening greenback after comments from the Reserve Bank of Australia yesterday spurred traders' appetite for high-yielding currencies.

Uncertainty on Wall St as US stocks fall

Stocks in the US fell overnight, erasing an early rally, on evidence of a slowdown in growth in the US services sector.

Kiwibank calls for compulsory KiwiSaver membership

The boss of state-owned Kiwibank wants people to be compelled to join KiwiSaver, with individual contributions rising gradually over the next decade or two to reach 10 per cent of income.

Rents will rise as house prices fall, says Westpac

House prices will fall gently for the next two years before levelling out, says a leading bank economist.

Kiwibank unveils its own KiwiSaver scheme

Kiwibank has launched its own KiwiSaver scheme, promising better disclosure of fees and more direct control by investors.

NZ dollar gains against greenback hit by poor US data

World equities slide overnight

Equities slid overnight amid further signs of economic weakness in China, Europe and the US.

Allied wins extension

ANZ, National cut home rates

Don't get me wrong: Minister expands on Spanish remark

Kiwibank cuts home loan rate