Bluestone Home Loans sold to ASX-listed Challenger for $597m
Challenger told Bluestone clients with direct debits that nothing would change for them.
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One Bay council pays over $20m a year in debt interest
Debt is climbing for all but one council in Hawke’s Bay. Here is how much each has.
Ten most valuable deals by foreigners trading NZ assets in latest year
Value of deals in 2024 was less than half the value of those the previous year.
How much you need to earn to buy an average home under new rules
Aucklanders likely to need staggering income to buy average-priced house.
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Online banking outage hits customers a day out from Christmas
Thousands of people have reported issues accessing their ANZ accounts.
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ProLink calls in liquidator, 190 laid off a week before Christmas
'This is just so sad, just before Christmas' - liquidator Pritesh Patel on ProLink NZ.
'Low point' – new data to confirm NZ back in recession
Data due this Thursday will update the nation's third-quarter economic performance.
One killed, one critical in Coromandel incident, Kiwibank predicts growth | NZ Herald News Update
A 77yo man has been charged with murder and attempted murder after an incident in Waiau, Coromandel yesterday. Kiwibank predicts growth in 2025, record migrant numbers leave NZ.
Syrian assets worth $190m frozen in Switzerland
But a 'hunt for Assad’s millions' does not seem to be in the offing for Swiss banks.
Editorial: Govt's Kiwibank move a good step in the right direction
OPINION: Ultimately, a public listing may be needed for it to reach a competitive scale.
BNZ CEO admits denying sex toy brand an account was wrong call
'We didn’t get it right and we need to fix it.'
Jenée Tibshraeny: Government caution on Kiwibank capitalisation a win – for now
OPINION: Why seeking local private investment in Kiwibank is a win for the Govt – for now.
The ATMs that charge $2.50 (or more) for a withdrawal
Consumer NZ: 'Disappointed by high fees at non-bank ATMs, urges access to cash for all.'
Government's Kiwibank investor hopes and pay deductions for partial strikes | NZ Herald News Update
The Government intends to find investors for Kiwibank and plans for partial strikes pay deductions are being scrutinised. Video / NZ Herald
Government inches towards Kiwibank part-privatisation
The capitalisation measures are intended to boost competition.
Gloriavale risks closure after court allows BNZ to shut its accounts
Two-year legal dispute over BNZ's bid to ditch Gloriavale ends.
Watch: 'Not good enough' – Govt moves on banking sector to improve competition
Christopher Luxon: ‘In short, we want to disrupt the status quo.’
Sir Richard Faull: From student to esteemed brain researcher
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Interest rates: Kiwibank cuts fixed mortgage rates, term deposits
The move follows other banks as longer-term rates creep lower.
'Prohibited': Kiwi sex toy company denied BNZ business account
'I would argue that gambling does more harm to society than selling vibrators.'
Revolut applies for NZ banking licence
Fintech hopes licence will enable it to offer new products and enhance consumers' trust.
NZ house values fall for ninth consecutive month, unsold Auckland stock swells
Market in a holding pattern, not falling to any significant extent but not rising either.
Meta introduces anti-scam ad measure in Australia, where a A$50m fine is threatened, but not NZ
PLUS: Bayly nudges telcos, social media firms with new open letters.
ASB cuts fixed mortgage rates, term deposits
ASB has cut lending interest rates by between 10 and 20 basis points.
Better times ahead? What we can learn from the interest rate yield curve
The trend of NZ's steeping yield curve looks likely to continue into 2025.
Watch: British scammer caught on CCTV legging it from cops after being collared in CBD
Hennessy posed as a police courier to steal $337k from 21 victims.
'I bleed orange but this is awful': Mitre 10 selling properties to repay debt
'Sale of several non-strategic property assets [to] re-cycle capital, reduce debt.'
Young couple left with 44c to pay mortgage after bank card fraud
A young mum is warning anyone who finds a bank card to be careful how they advertise it.
Editorial: Cash rate cut signals tough times still ahead
OPINION: More competition from the banks is needed to give real relief to borrowers.
Payments company Wise says Kiwi SMEs are held back by foreign exchange fees
Wise is calling for changes to transparency around foreign exchange fees.
Banks roll out new scam protection tool: How confirmation of payee will work
How it works, what you'll see, and when you'll likely get it.
NZ Herald Live: Christopher Luxon and Nicola Willis speak on OCR news
Christopher Luxon and Nicola Willis speak to media on the OCR news