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
BusinessNZ ranks low in wage growth post-CovidNZ ranks 25th out of 43 for GDP growth over past decade and 37th for the past two years.07 Sep 10:19 PM
PremiumPremiumNew ZealandHow architectural designer helped launder $235k and why his identity is still secretHe argued his business and reputation would be ruined if he lost suppression.29 Aug 04:03 AM
BusinessMajor bank lowers fixed lending rates to match other lenders after OCR cutThe bank has cut all its fixed rates.28 Aug 08:29 PM
BusinessMajor bank lowers fixed lending rates after OCR cutAlmost all fixed mortgage lending terms have been cut this morning, the bank says.25 Aug 07:45 PM
BusinessBNZ latest lender to lower variable rates after OCR cutMajor banks have dropped their fixed and floating lending rates in the past 24 hours.20 Aug 09:58 PM
PremiumPremiumOfficial Cash RateInterest rate cut a shoo-in, but how much lower will the OCR go? Economists are divided over the inflation outlook.17 Aug 07:00 PM
AgribusinessBNZ ups Fonterra’s milk price forecast to $10.25BNZ economists say the dairy outlook is stronger than they previously anticipated. 14 Aug 05:09 AM
BusinessRate-cutting merry-go-round: More banks cut mortgage ratesKiwibank and Westpac are the latest to match rivals in lowering their home loan rates.13 Aug 10:24 PM
Interest ratesHome loan wars: Major bank cuts mortgage rates to match rivalA week out from the next OCR decision, major banks are dropping their home loan rates.12 Aug 10:40 PM
New ZealandSome Hawke’s Bay shops may stop offering PayWave due to surcharge ban: Retail advocate'Why would the business owner want to pay for that when they can’t on-charge?'01 Aug 06:00 PM
PremiumPremiumRetailBack in the black: Paper Plus returns to profit, renegotiates BNZ loansPaper Plus reported a $218,000 profit, bouncing back from a $553,000 loss.30 Jul 02:00 AM
OpinionDave Handley: Rising momentum - NZ agriculture heads into blockbuster yearNew Zealand’s rural sector enters the next 12 months with real momentum23 Jul 04:59 PM
Banking and financeCommerce Commission dismisses farmers' complaint against banksCompetition watchdog says Net-Zero Banking Alliance isn't anti-competitive. 21 Jul 04:29 AM