Latest from Banking

Elon Musk sees Twitter becoming a quasi-bank

New CEO has talked in the past about turning the platform into an 'everything app'.

Steven Joyce: Robertson risks undermining independence of Reserve Bank

OPINION: Finance Minister should be taking steps to reinforce RBNZ's focus & independence.

Reclaiming ambition: Two big ideas to upgrade New Zealand’s economy

'If your house were to burn down, you probably wouldn’t build it back exactly the same.'

Two years too long for open banking to come in - banking critic

But the banks say they already have a lot on their plate.

Government makes it easier to switch banks

Banks will be required to share a customer's data with rivals.

Editorial: Open banking - pros and cons

OPINION: Our editorial on the political furor around bank profits.

Thomas Coughlan: Why Jacinda Ardern hit out at banks

OPINION: It's no accident that Jacinda Ardern took aim at New Zealand's banks.

Bank profits: Can Govt stop big four from making so much money?

Should banks be raking in record profits during a cost of living crisis?

BNZ boss defends record profit

The bank has announced a profit increase of 7 per cent to $1.4 billion.

Bank refuses to refund $49k stolen from pensioner’s online account

Westpac says it is not liable for the stolen money.

Banks would withstand extreme housing market crash

The Reserve Bank has been "stress testing" how banks would cope in a severe scenario.

The big corporate where only 70% of workers can come into the office

Hybrid working has become more of a permanent shift for some businesses.

'Heartless': SBS bank refuses to refund pensioner's stolen $134k

"They have these ads, 'The bank with a heart'. F***ing heartless."

ANZ CEO defends record profit and warns of 'dark clouds' ahead

The bank is keeping a close eye on rising interest rates and unemployment.

ANZ NZ profit up 20 per cent to $2.3 billion

Consumers' desire for normality and strong property market boosted the bank.

Higher rates for savers keep coming

But depositors will still be going backwards after inflation is taken into account.

Kiwi banker Ross McEwan on how to solve the labour crisis

McEwan says some of the fallout from Covid lockdowns is still to come.

More banks move to increase interest rates

Some mortgage rates are now over 7 per cent.