Latest from Banking

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.

Diana Clement: Dealing with financial disputes

OPINION: No one is immune.

'Return the stolen money': Elite private school refused to refund scam victim's 'tainted' $50K

Victim believes the school has a moral duty not to keep money from an alleged criminal.

Revealed: Who will pay what to insure your savings

Nicola Willis solidifies her position in the competition vs financial stability debate.

ANZ reports net profit of $2.3b in New Zealand

ANZ optimistic for the year ahead.

28-level Auckland office tower half-empty: Why?

'Wouldn’t say it is a ghost tower: it's poised to take advantage of improving conditions.'

Will falling interest rates weaken bank profits? BNZ boss weighs in

Dan Huggins: Banks' abilities to cut deposit rates are limited in a competitive market.

RBNZ: Trump presidency will be marginally inflationary

Governor Adrian Orr says the world has gone past 'peak global trade'.

'There is no one dominant bank' – Rabobank tells politicians

Board chairman discredits ComCom's suggestion Kiwibank could be a 'maverick' bank.