Latest from Banking

Investors scale back bets of May rate cut on strong US inflation figures

Resilience in price pressures comes as Federal Reserve considers when to cut rates.

How much you need to earn to buy an average home under new rules

Aucklanders likely to need staggering income to buy average-priced house.

Scam victim horrified nine others lost $800k after he reported $1m fraud to banks, police

The victim sent 20 separate money transfers of $50k each over just eight days.

Mastercard cash passports fail after cards sent to customers with wrong numbers

The manufacturing bungle has left NZ customers in the lurch.

'Hell of a shock': Westpac fixes issue after accounts show zero

Customers had issues with eftpos cards and bank balances.

Major bank lowers some fixed housing rates, term deposits

Bank says it will contact home loan customers who might be facing financial difficulty.

Compass Homes Franklin in liquidation, creditors want money

Grant Reynolds appointed. He is also the liquidator of other Compass building businesses.

ANZ misses watchdog's scam warning after email caught in spam filter

Consumer NZ says ANZ's spam filter systems seem more effective than those detecting fraud.

Investment scam: Auckland JP charged with 10 counts of money laundering worth nearly $1.8m

Police seized documents and computer equipment during a search at his home this week.

How housing market could react to new Reserve Bank moves

Consultation on new mortgage lending restrictions ends on March 12.

PM attends Rātana, costly crossings and debt-to-income restrictions | Focus Morning Bulletin January 24, 2024

The Prime Minister gets set to attend Ratana, why pedestrian crossings cost thousands more in Auckland and the Reserve Bank’s debt-to-income proposal in the latest NZ Herald headlines. Video / NZHerald

RBNZ confirms new mortgage restrictions to be introduced - what will they look like?

Banks' lending to high-DTI borrowers to be capped, as LVRs to be eased.

Kiwis' resilience will be tested in 2024 - BNZ boss

'Early on in my career, work became my life': BNZ chief's quest for work-life balance.

Letters: Ignore ongoing Covid threat at our peril; female MPs and abuse

OPINION: 'We have an enormous capacity to ignore things that harm us.'

The changing face of Auckland: Apartment projects to dominate in 2024

But as some rise, why are others struggling to get off the ground?

Harcourts' agency owner liquidates, forms new company to continue

"Relationship breakdown" cited by the liquidator as the reason for the companies folding.