PremiumPremiumBanking and financeANZ follows ASB with another round of interest rate hikesBanks target increasingly popular longer-dated mortgages, as they raise rates again.22 Aug 05:00 PM
PremiumPremiumBanking and financeCourt claim on $41.3m loss via Nido schemes explainedShareholders put $47.2m into schemes to fund the store, hoping for big returns.21 Aug 05:00 PM
PremiumPremiumBanking and financeDasset's crypto meltdown: Should regulators have stepped in months ago?Liquidators appointed but it's far from clear if customers will regain access to funds.16 Aug 06:30 AM
PremiumPremiumBanking and financeCustomers desperate as Auckland-based crypto firm denies access to fundsA mum of two is distraught after losing access to $40,000.15 Aug 04:00 AM
Banking and financeHouse market rebound fails to igniteMore competitive prices and a ‘get in now’ attitude' not enough to fire a recovery.14 Aug 09:25 PM
New ZealandScam victim hires private investigator to track ‘money mule’ after losing $100k'In a lot of these cases you’re chasing shadows, but here there’s a genuine lead.'14 Aug 06:00 AM
PremiumPremiumBanking and financeCredit Suisse retail investors plan lawsuit challenging UBS takeoverFinancial Times: Class action claim includes hundreds of failed bank’s former employees.14 Aug 01:04 AM
Banking and financeEftpos plummets in popularity as newer forms of payment emergeEftpos, the payment system widely used in NZ is plummeting in popularity.11 Aug 10:13 PM
BusinessMarkets with Madison: Sir John Key on debt defaults, bank profitsThe head of New Zealand’s biggest bank says he’s surprised by the lack of mortgage defaults but expects it will get worse.Watch10 Aug 08:25 PM
PremiumPremiumBanking and financeASB boss: Interest rate pain will emerge over timeMortgage rates north of 6 per cent are yet to be felt by around half of ASB customers.10 Aug 01:50 AM
Official Cash RateBank profits: NZ banking more profitable than in other countries - ComComPreliminary findings “raise questions for us”, says commission chairman.10 Aug 12:35 AM
New Zealand'Terrible people': Scammers steal $350k from mum as hubby fights for life in hospital"That money was an inheritance ... and I’ve gone and f***ed it up."09 Aug 05:00 PM
PremiumPremiumBanking and financeWestpac strike: Demonstration and ‘capitalist pig’ at Britomart'They have to be very, very angry to go on strike,' union says of rare bank worker action.09 Aug 02:17 AM
PremiumPremiumBanking and financeBuy now, pay later sector avoids heavy-handed rulesGovernment takes 'proportionate' approach towards BNPL regulation.08 Aug 06:14 PM
PremiumPremiumBanking and finance'Not at all an admission of failure' - CCCFA to be reviewed againNew Commerce and Consumer Affairs Minister wants lending rules to be more 'nuanced'.08 Aug 05:58 PM
New Zealand'Lost his moral compass': Ex-councillor struck off from practising lawDuncan Takena Stirling misappropriated $100,000 from his firm's trust account.08 Aug 04:00 AM
PremiumPremiumBanking and financeWestpac strike to go ahead, inflatable ‘capitalist pig’ expectedIn rare bank strike, workers will take a variety of midweek actions.08 Aug 12:59 AM
PremiumPremiumBanking and financeGas mogul who redrew energy map clings to ranch after loans come dueFinancial Times: He pioneered the American LNG boom but now warns of homelessness.06 Aug 10:22 PM
PremiumPremiumBanking and financeGovt faces tough calls over who pays what to insure depositsConsultation underway on how the cost of deposit insurance should be shared.06 Aug 05:00 PM
PremiumPremiumBanking and financeBank of England raises interest rates by 0.25 percentage pointsFinancial Times: Smaller increase amid signs persistently high inflation is easing.03 Aug 07:20 PM
PremiumPremiumBanking and financeCapital injection means Kiwibank could up lending by 14pcCan the state-owned bank be a "disrupter"?03 Aug 12:24 AM
New ZealandBank worker admits siphoning $60k from employerThe woman, aged in her 30s, will file for permanent name suppression at sentencing.02 Aug 02:34 AM
New Zealand'Heartless': Bank refuses refunds for scam victims who lost $430k"NZers are soft targets because we don’t have the security in place. It’s bananas."31 Jul 05:00 PM
PremiumPremiumBanking and financeECB introduces ‘de facto bank tax’ snubbed by RBNZCentral bank president speaks of "public duty" to conduct monetary policy efficiently.30 Jul 05:00 PM
WorldPolice informant headed to prison after admitting 5 bank robberies to feed addictionThe man from New Mexico robbed one of the banks two times.29 Jul 07:07 AM
PremiumPremiumOpinionMary HolmMary Holm: Have you been caught out by the KiwiSaver cut-off date?OPINION: Some businesses don't charge for contactless payment, but others do.28 Jul 05:00 PM
PremiumPremiumBanking and financeBorrowers forced to dig deeper as home loan test interest rates jump againOne bank is now testing at over 9 per cent.28 Jul 05:00 PM
PremiumPremiumBanking and finance$100m sell-off: Kiwi richlister quits NZ for AustraliaBen Cook says he loves NZ, but time right for "business, family and lifestyle" reasons.28 Jul 05:00 PM
PremiumPremiumBanking and financeFederal Reserve raises US interest rates to highest level in 22 yearsFinancial Times: Central bank implements increase as inflation concerns linger.26 Jul 08:41 PM
New Zealand'Digital ram raids': NetSafe unveils new scam detection weapon to protect Kiwis'This is a massive step in New Zealand’s war against scams.'26 Jul 02:54 AM
PremiumPremiumAged careNation of Debt: Kiwis putting more on the plastic to cope with the cost of livingHow the economic slowdown is stretching household budgets.25 Jul 05:01 PM
Banking and financeWestpac, several smaller banks lift home loan rates - againMore banks have announced changes to their home loan rates.24 Jul 06:24 AM
PremiumPremiumBanking and financeAuckland apartment market: New sales plummet, projects abandonedThere's been an 83 per cent pre-sale drop in the last six years.19 Jul 07:00 AM
New Zealand"Not sustainable': Calls for liaison police placements overseas to target scammersBut Government rubbishes plan as 'ridiculous'.18 Jul 04:42 AM