Latest from Banking

Mortgage relief? Westpac first major bank to start cutting rates again

Westpac is cutting a range of its longer-term home loan rates.

Black Friday sales NZ: How not to get scammed

Criminals know everyone wants a bargain from now till Boxing Day.

RBNZ prints money to protect the dollar

Are the risks associated with building a war chest of foreign reserves worth it?

Eftpos, credit card retail spending well down in October

Spending in retail industries fell 0.7 per cent compared to September, down by $44m.

'Very bad taste' - Anti-scam video featuring comedian Tom Sainsbury pulled by watchdog

Fraud victims criticise 'disrespectful and insensitive' awareness campaign.

ANZ's cash profit up 10pc to $2.2b, but net profit falls 7pc

ANZ expects inflation, interest rates to stay high.

Banks say $198m lost to scams; Netsafe calls for anti-scam centre

Netsafe survey finds $2.1 billion in total losses; banks ready key new security measure.

Townhouse construction funding most popular, land development not so much

Appetite grows for lending to terraces and townhouses.

Mortgage stress expected to double by early 2025, warns Reserve Bank

RBNZ warns times will get tougher for mortgage holders.

House prices set to rise 8 per cent next year - report

High population growth is 'adding to demand', says Westpac's chief economist.

RBNZ: Kiwi mortgage holders particularly exposed to high interest rates

NZ households highly indebted by international standards.

New mortgage lending subdued pre-election, as interest rates kept rising

Will the change of Government see 'mum and dad' investors perk up?

Reserve Bank sees risk of increased NZ farmer defaults

Low dairy, meat and forestry prices are coinciding with high operating expenses.

ANZ lifts mortgage rates again

Some mortgage rates creep close to 8 per cent, while deposit rates hit 6 per cent.

JP says bank account frozen after allegedly receiving $100k in stolen money

The private investigator, the secret recording and the fake Bitcoin investment contract.

Goldman chief David Solomon calls time on high-profile DJ gigs

Financial Times: CEO’s hobby has drawn attention, scrutiny from Wall Street group’s board.