Latest from Banking

Overseas phone scammers on the rise

Several millions of dollars have been taken by overseas phone scammers.

Labour to unveil blitz on bank fees in new policy today

It is understood Labour's small business policy will address NZ's high paywave fees.

Nation of Debt: How Covid is changing the way we borrow

New Zealand's total gross debt is now $603.5b - about $120,000 per head of population.

MetService latest NZ organisation to be hit by targeted cyber attack

The weather forecaster was hit by a DDoS (distributed denial of service) attack today.

Kiwibank boss on why confidence is its biggest headwind

Bank forecasts a tough period ahead.

Kiwibank profit down 47pc to $57 million

Kiwibank has released its full year result.

Bonus Bonds: The life-changing win that won't happen any more

All her life she wanted to feel that thrill again. Now she won't get the chance.

Regulator to keep close watch on Bonus Bonds wind-up

There are 1.3 million Kiwis with about $3.25b invested in Bonus Bonds.

Bloomfield blames advice for blocking bank bid

Health boss says no one told him banks had been allowed to operate in earlier lockdown.

Mortgage deferral scheme to be extended

The Reserve Bank has reached an in-principle agreement with the banks.

Bank boss backs extension to mortgage deferral scheme

ASB boss would like to see an extension of the mortgage deferral scheme.

ASB boss says economy will be in for bumpy ride after change in alert levels

ASB has announced a 20 per cent drop in its cash profit for the year to June 30.

Banks close Auckland branches to prepare for 3-day lockdown

Banks have moved quickly to prepare for going back into lockdown.

Kate MacNamara: What $640m buys in the Reserve Bank's new budget

Funds are a win for Orr, but it's not clear that NZ will receive the value he claims.

Bank complaints: 21,000 in three months

First time complaint numbers have ever been revealed for the banks.

Bank fees threaten no-touch payments

Retailers took up contactless payment under lockdown but will they ditch it now?

Major bank under investigation over claims of spying on staff

Systems allowed managers to track how long staff were away from their desks.

Liam Dann: Why Key's grim financial crisis call is a timely warning

Sir John Key has warned we face a financial crisis. Is he right? And what would that mean?