Latest from BNZ - Bank of New Zealand

'Prohibited': Kiwi sex toy company denied BNZ business account
'I would argue that gambling does more harm to society than selling vibrators.'

NZ Herald Live: Christopher Luxon and Nicola Willis speak on OCR news
Christopher Luxon and Nicola Willis speak to media on the OCR news

'Burning cash' - insider on Mitre 10's 'horrific' software system upgrade
Auditors PwC: Cited disruptions to operations from that IT upgrade.

BNZ among those to lose money from boat company collapse
Unsecured debt holders face being wiped out following boat firesale.

Fraud, theft and luxury cars: Every lawyer struck off in the past five years
When struck off, a lawyer cannot hold a practising certificate or practise law in NZ.

Two major banks make big cuts to home loan rates
More relief for mortgage-holding homeowners.

BNZ online services back running after second outage in two days
More than 350 people have reported issues with BNZ's services on the website Downdetector.

BNZ Mobile app, online banking running again: Thousands of customers report error
More than 600 people reported an issue with their BNZ app on the Downdetector website.

Banks set date to introduce key anti-scam measure, reimbursement question still hanging
Watchdog says it's 'shameful' banks took so long to introduce confirmation of payee tech.

Supreme Court rejects Beca appeal over demolished Wellington BNZ
Beca failed in the High Court and the Court of Appeal so took matters to Supreme Court.

Editorial: Boosting Kiwibank a no-brainer but finding right investors key
OPINION: Outside investors in Kiwibank will need to have the right priorities.

Political Roundup: The Big Four banks' oligopoly saved from radical reform
OPINION: 'Every day Kiwis are ripped off by the Big Banks.'

'Darkest before the dawn': Reserve Bank cuts OCR, banks slash rates
It's one of the most hotly anticipated interest rate calls this year.

Paper Plus breaches bank covenants, seeks capital raise
BNZ could not commit to a banking covenant waiver.

ANZ reverses house price forecast, expects 1% fall
Three aspects of house prices and interest rates have been revised in new research.

Global IT outage a cashless wake-up call? Reserve Bank says keep physical cash for emergencies
Last Friday's CrowdStrike failure saw many unable to buy necessities as computers crashed.

Mortgage wars: Major NZ bank undercuts rivals by lowering home loan rates again
The bank has cut its home loan rates for the second time in three weeks.

More home loan rate cuts – if you can get them
Rate relief may take time to filter through to households.

BNZ resolves issue that caused app outage
BNZ apologises for inconvenience caused to customers.

Liam Dann: Recession or not, economic downturn will get worse before it gets better
Key parts of the economy are crashing while population growth flatters the headlines.

Is NZ still in recession? Economic growth data revealed this week
Did the economy grow or shrink in the March quarter? And does it really matter?