PremiumPremiumBanking and financeOCR announcement: Will the Reserve Bank change its interest rate plans?With a last hike for the year looking unlikely, what does the bank expect for 2024?27 Nov 02:30 AM
PremiumPremiumBanking and financeConcrete data points to NZ building slowdownAnother fall in concrete production indicates an eventual decline in building activity.10 Nov 02:52 AM
PremiumPremiumBanking and financeRapidly rising rates bolster BNZ’s bottom line - CEOCEO attributes bank's record bottom line to three key factors, not price gouging.09 Nov 04:00 PM
Banking and financeBNZ profits from rising mortgage ratesBNZ's annual profit rose to $1.5 billion, despite the deteriorating economy.08 Nov 10:29 PM
Banking and financeJob adverts decline sharply, Seek report showsThe job market downturn "solidified" in October, BNZ says.08 Nov 10:28 PM
PremiumPremiumBanking and financePah Homestead cafe under new management, previous operator in liquidationPah Homestead housed the James Wallace Arts Trust collection.03 Nov 04:00 PM
New ZealandJP says bank account frozen after allegedly receiving $100k in stolen moneyThe private investigator, the secret recording and the fake Bitcoin investment contract.22 Oct 05:28 AM
PremiumPremiumBanking and financeThe Warehouse and union in mediation, broader retail crime a concernStrike at Warehouse sparks talks, union also juggles bank tensions, retail crime worries.04 Oct 04:10 AM
Banking and financeSharesies users get new instant pay wallet refill option with two big banksBigger wallet top-ups cheaper with open banking than using credit card, Apple or Google.26 Sep 04:00 PM
New Zealand'Far too late': Victims sick of 'false promises' as banks announce changes to fight scams"Unfortunately, this comes far too late as my family’s lives have already been destroyed."15 Sep 02:11 AM
PremiumPremiumSmall BusinessContactless eftpos plans ahead of legislation changesPayment provider Worldline is working to get more Kiwis using eftpos.21 Aug 10:05 PM
New Zealand'Terrible people': Scammers steal $350k from mum as hubby fights for life in hospital"That money was an inheritance ... and I’ve gone and f***ed it up."09 Aug 05:00 PM
PremiumPremiumBanking and financeBorrowers forced to dig deeper as home loan test interest rates jump againOne bank is now testing at over 9 per cent.28 Jul 05:00 PM
Banking and financeCooking the Books podcast: Where to turn if debt is getting out of controlThere are organisations that will help, and strategies to pay it off faster.26 Jul 05:00 PM
PremiumPremiumAirlinesĀtaahua ngā whetū [the beautiful stars]: Business of MatarikiXero, Auckland Airport, Fonterra, ANZ, SkyCity, Air New Zealand, Wharekauhau - big plans13 Jul 05:00 PM
New ZealandBank recovers just $19k of stolen $330k life savings, police ID scam 'mule''Why wasn’t something done to stop this guy?'04 Jul 05:21 AM
PremiumPremiumOpinionDiana ClementDiana Clement: Why can’t banks be open about open banking?OPINION: They have it in Australia and the UK but why not here?01 Jul 05:00 PM
PremiumPremiumBanking and financeBanks’ preparations for tough times could dampen profitsKPMG sees banks continuing to make provisions for higher bad debts.29 Jun 04:40 AM
PremiumPremiumBanking and financeKiwi footwear brand receivership: BNZ owed more than $4m'Accelerated sale' as supply chain nightmares cause pain.21 Jun 06:32 PM
Aged careScam concerns intrude on big bank probe announcementThe nasty and costly scams have prompted a warning and some advice from ministers.20 Jun 05:33 AM
New Zealand$77k credit card shock: Banking glitch hits thousands across NZCustomer's first thought at seeing $76k bill: 'What has my wife done?'17 Jun 04:06 AM
New ZealandAlleged 'mule' arrested over $100K scam involving real estate agent'It’s not a Mickey Mouse scam, it’s sophisticated. They are taking millions.'13 Jun 10:54 PM
New Zealand'They tricked me': Scam victim who lost $330k feels he’s failed his wife, kids"I feel like something horrible is going to happen to my family.”03 Jun 05:00 PM
New ZealandBNZ accused of relying on Wikipedia in bid to close Gloriavale accountsBNZ wants to terminate its 40-year banking relationship with the West Coast community.30 May 08:46 AM
New Zealand'No red flags': Heartbroken realty agent loses $100k in elaborate finance scam'I just burst into tears. It’s my life savings'.13 May 05:00 PM
New ZealandBanks less trusted than supermarkets - Consumer NZ surveyPublic trust in banks falls as profits surge in the middle of a cost of living crisis.12 May 11:22 PM
PremiumPremiumBanking and financeBanks tentative about teaming up with Govt to invest in SMEsBusiness Growth Fund a step closer to being set up, but banks are yet to commit.26 Apr 05:12 AM
PremiumPremiumSmall BusinessOhakune restaurants took $287k Covid cash, now brokeAn award-winning "hamburgeria" turned Tapas restaurant and bakery are now in liquidation.21 Apr 05:08 AM
PremiumPremiumBanking and financeFour Wellington bars insolvent: IRD, dozens of employees and businesses among creditorsLiquidators found no updated financial statements or recently recorded transactions.20 Mar 04:34 AM
PremiumPremiumBanking and financeHamilton fast food company insolvent: Staff, bank, finance firms claim over $350kSales from a second outlet were lower than expected.14 Mar 04:27 AM
Small BusinessANZ donates $3 million to cyclone reliefThe bank has joined ASB and BNZ in making donations; Westpac offering small business fund.21 Feb 11:42 PM
AirlinesCost to business 'enormous', banks offer victims help"Hard times will be ahead."28 Jan 12:43 AM
PremiumPremiumBanking and financeBNZ changes staff performance scheme - FMA wants to ensure customers are OKThe bank will need to show how the move is consistent with new regulations.18 Jan 04:20 AM
New Zealand'It would've bought you a house': The single Kiwi banknote once worth $15,000Specimen banknote once changed hands for almost $100,000.17 Jun 08:00 PM