BusinessWhy home loan applicants might face an extra waitSome banks have paused pre-approvals, pushing new applications into early 2026.22 Dec 11:59 PM
PremiumAgribusinessShelling out: $52m Govt-backed mussel venture posts deeper losses and faces going concern flagTroubled Opotiki mussel farm which received $52m in public funding sees losses grow.21 Dec 04:00 PM
PremiumBusinessStrong growth: GDP up by 1.1% in third quarter, better than expectedThe 1.1% rise was broad-based, with 14 of 16 industries growing.17 Dec 09:50 PM
Breakers'Don’t agree with the decision': Major Breakers sponsor on pride jersey controversy19 Nov 06:51 PM
PremiumPremiumCompaniesHow NZ companies can build resilience through economic uncertaintyFinalists fo the AWS Company of the Year are The a2 Milk Company, Fonterra and Rocket Lab.13 Nov 11:00 PM
Banking and financeSign of bank competition? BNZ grows, but its profitability stays the sameBNZ CEO says businesses have been paying down debt, rather than investing.06 Nov 12:09 AM
PremiumPremiumNew Zealand'I get paid a lot of money': Banker's $2m salary doubles over yearThe chief executive of Westpac's salary is 55 times the average Kiwi's. 05 Nov 03:57 AM
BusinessLocking in your mortgage: Is now the time to fix for 5% or less?Westpac and BNZ now offer five-year fixes at 4.99%, last seen in 2021.02 Nov 02:40 AM
New ZealandBank introduces lowest advertised mortgage rate on the marketThe move puts it ahead of its competitors, which are offering one-year rates of 4.49%. 28 Oct 04:00 PM
PremiumPremiumPropertyMitre 10 cuts $71m loss as debt drops sharplyAndrea Scown, CEO for four years, tells how members are battling the tougher economy.24 Oct 04:03 PM
PremiumPremiumBusinessFintechs cheer open banking breakthrough - but key move still hangs in the balanceA good start, but less than halfway there.19 Oct 06:00 PM
PremiumPremiumInflationBad news for the Reserve Bank as inflation tipped to top 3%Stats CPI data key for next interest rate call.19 Oct 04:00 PM
New ZealandTwo more banks drop home loan rates after OCR cutKiwibank and BNZ have followed moves by other retail banks yesterday.08 Oct 09:59 PM
PremiumPremiumNew Zealand'Duped and conned': Toxic fight over failed housing project leaves landowner $20m in debtFailed project could leave multiple parties with tens-of-millions of dollars in losses.08 Oct 04:00 PM
BusinessBanks rush to cut mortgage rates after big OCR dropIt follows a string of pre-emptive cuts by banks to fixed-term rates last week.08 Oct 03:47 AM
PremiumPremiumBanking and financeBanks and Armourguard clash over future of NZ cash servicesBanks want Commerce Commission approval to jointly renegotiate terms.07 Oct 08:00 PM
BusinessBNZ cuts mortgage rates to match rivals ahead of OCR announcement All major banks have been cutting their home loan rates ahead of tomorrow's OCR decision.06 Oct 08:44 PM
PremiumPremiumBusinessEconomists divided on extent of OCR rate cut this weekThe Reserve Bank is expected to cut the Official Cash Rate on Wednesday.05 Oct 04:00 PM
New ZealandTwo more banks drop fixed mortgage rates to 4.49% ahead of OCR moveWestpac and ASB join ANZ and BNZ in cutting their one-year rates. 03 Oct 01:43 AM
BusinessWestpac cuts home loan rates, one-year special falls to 4.49%The bank’s five-year special rate is also cut, now sitting at 4.99%.02 Oct 06:25 AM
BusinessAn extra $2400 in the back pocket? Major bank makes big rate cutBNZ's rate drop comes ahead of next week's OCR decision.29 Sep 08:58 PM
PremiumPremiumRetailLiquidator seeks buyer for failed Auckland food business, with 35 jobs on the lineGourmet pies, cakes and savouries made by companies hit by a combination of events. 28 Sep 08:27 PM
BusinessTech Insider: Rod Drury backs Volley - a Kiwi ‘Venmo’, Huljiches invest in martech startup, Rocket Lab’s hiring spreeBrittany Fox said she has created a live tool to 'fix AI’s chaos-induced blind spot'.24 Sep 05:00 PM
PremiumPremiumOfficial Cash RateBehind the eight ball: Banks call for sharper Reserve Bank cutsPressure is mounting on the Reserve Bank to cut rates sooner after poor GDP data.18 Sep 05:08 AM
New ZealandBNZ under fire for ‘demeaning’ digital wallet adRetail groups say BNZ’s Payap ad mocks shopkeepers as ‘grubby, unintelligent’.18 Sep 05:04 AM
PremiumPremiumAucklandBanking watchdog releases ruling after ANZ staff helped customer send $250k to scammersThe victim claimed ANZ was negligent.15 Sep 09:00 PM
