Latest fromBanking

Inquiry finds banks failed to pass on cuts
The Opposition's banking inquiry found that major banks did bolster their profits at the expense of borrowers.

Bollard slams banks for 'risky mortgage practices'
Reserve Bank Governor Alan Bollard has issued a warning to banks about the perils of approving high-risk mortgages.

<i>Michael Littlewood</i>: $2b question with no easy answer
Tax avoidance has been much in the news recently, because of the banks' cases.

Banks: your new best friend
You may have noticed the big Australian-owned banks trying to cuddle up to you lately.

Transpower eyes $200m bond issue in early 2010
Transpower is contemplating a domestic bond issue of around $200m early next year as it gears up for $5 billion of capital expenditure on national grid upgrades over the next decade.

Westpac misery blurred by poor data, says analyst
Westpac suffered a shocker of a year in New Zealand on mushrooming bad debt charges and a massive tax bill.

<i>Dollar outlook:</i> Kiwi may fall further amid rising risk aversion
The NZ dollar may keep falling this week as investors get jittery about the speed and strength of the global recovery .

Kiwi dollar tumbles as US confidence slides
The New Zealand dollar has tumbled amid renewed concerns the global recovery may take longer than previously thought.

Kiwi Income considers $150m capital raising
Kiwi Income Property Trust is considering raising $100 million to $150m, primarily to reduce debt.