Latest from Banking

Jenée Tibshraeny: Are all these mortgage rate hikes justified?

ANALYSIS: It takes just one big bank to hike rates for the others to follow.

Mary Holm: Should I sell up in the face of mortgage rate rises?

OPINION: I bought at the peak of the market in 2021 but now stand to make a loss.

Victims who lost $1.25m to scammers via alleged 'mule' believe ASB should accept liability

"Some kind of red flag should have been raised."

Reserve Bank of Australia keeps rates on hold, cites China as a risk

But the bank has left the door open for further rate hikes.

ASB hikes fixed mortgage rates as borrowers snub floating rates

A closer look at how long borrowers are fixing their mortgages for.

Market Watch: What high interest rates mean for sharemarket investors

Watch: Is it time to head for bank deposits?

ATM skimmers clean out woman's bank account

An unexpected evening phone call and bank account shock as skimmers strike.

'Highly p***ed off': Mule used ANZ account to steal money from up to 9 victims

'Our NZ banking system is grossly inadequate.'

Credit Suisse retail investors plan lawsuit challenging UBS takeover

Financial Times: Class action claim includes hundreds of failed bank’s former employees.

Eftpos plummets in popularity as newer forms of payment emerge

Eftpos, the payment system widely used in NZ is plummeting in popularity.

Markets with Madison: Sir John Key on debt defaults, bank profits

The head of New Zealand’s biggest bank says he’s surprised by the lack of mortgage defaults but expects it will get worse.

ASB boss: Interest rate pain will emerge over time

Mortgage rates north of 6 per cent are yet to be felt by around half of ASB customers.

Bank profits: NZ banking more profitable than in other countries - ComCom

Preliminary findings “raise questions for us”, says commission chairman.

'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."

Westpac 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.

Buy now, pay later sector avoids heavy-handed rules

Government takes 'proportionate' approach towards BNPL regulation.