Govt announces $6.2b loan guarantees for SMEs
Businesses with turnover of between $250,000 and $80 million will be eligible.
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Thousands of businesses have called banks for financial support.
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NZ faces at least three quarters of negative growth, global recession now inevitable.
Pressure grows on banks to cut paywave costs
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NZ bank credit losses will rise from low levels
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Stock market plunge: Trouble looms for first home buyers relying on KiwiSaver
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Coronavirus crunch: First major bank warns recession 'probable'
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Elderly hit hardest as cheques phased out
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Letters: Recycling cost spurs poor choices
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NZ stocks jump, investors optimistic about rate cut prospects
Investors have cheered the response from central banks.
Liam Dann: Coronavirus sucks but we need to confront the economic risk
A coronavirus slump provides a stark test for the two different ends of the NZ economy.
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Second bank facing potential compo payout over credit disclosure issues
Kiwibank prepares to wear cost of "disclosure issues".
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Kiwibank boss forecasts flat profits for years as it focuses on growth
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The great NZ money industry: Banks make $5.71 billion
Bank profits have fallen slightly in the last year.
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ASB bank's cash profit was flat after a lower cash rate put the squeeze on its margin.
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A phone service to strike fear into NZ banks
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Westpac NZ to compensate customers $3.7m over credit card blunder
Average payout to customers of $191.
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Switching card companies is a hassle for consumers but could be a win for banks.
Bank support for businesses affected by coronavirus
Financial support for those affected by coronavirus.
Continuous Disclosure: BNZ float more wishful thinking, going for gold
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Buy house, get five-night trip to Fiji: Kiwibank's home-loan offer
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