Latest from Banking

In tears: Pensioner wins battle with bank over stolen savings

Westpac agrees to make "goodwill payment" to cover pensioner's stolen money.

Gone in three months: Kiwi victims lose $9m to brazen scammers

Scammer have drained nearly $9m from victims in the last three months.

ANZ's bumper dividend

The restrictions have come off how much the NZ banks can pay to Australian parents.

What bar should companies have to pass to enable access to banking data?

Akahu founder says raising awareness will be key.

Northland seniors fight back against scammers

Scams accounted for a financial loss of $11.9 million last year.

Probe into bank's refusal to refund fleeced pensioner's $134,000

'Whoever has ultimately targeted the man, they’ve known what they were doing.'

Westpac analysing victim's devices after internet banking theft

Ray Johnson lost $49,000 and wants Westpac to refund the money.

Heather du Plessis-Allan: Reserve Bank governor needs to wake up to his role

Being cool isn't part of the Reserve Bank governor's role.

Super profits: Are banks making too much money?

And what should be done about it.

BNZ profit rises 7% to $1.4 billion

Strong business and home lending has helped drive BNZ’s profit up.

50,000 Westpac home loan borrowers face big rate rise

Bank says it has a plan to support those borrowers.

Westpac NZ profit rises 12% to more than $1 billion

Amid market volatility and rising living costs, Westpac releases full year financials.

Bank of England makes biggest interest rate hike in 30 years

High inflation is eroding living standards and likely to trigger a “prolonged” recession.

Editorial: Wages are rising but so is the cost of debt

Demand for workers is still strong but that's going to put more pressure on borrowers.

NZ has role to play in solving global food security issues

Speed at which stimulus money was deployed may have exposed data gaps.

Negative equity warning for home buyers: Rising interest rates test NZ’s financial resilience

Some borrowers who bought houses in 2021 are now in negative equity.