Banking and financeFMA names Steven Bardy deputy chair as MBIE probe into chair continuesThe appointment comes as FMA chair Craig Stobo is under investigation.22 Dec 11:18 PM
PremiumBanking and financeNew Zealand's biggest 30 financial institutions rankedMotor Trade Finance debuts at rank 27 with assets of $1228m.22 Dec 04:00 PM
Investment'Fully inform themselves': FMA issues warning to Chance Voight investorsBernard Whimp is seeking investor 'donations' to cover his mounting legal costs.22 Dec 03:50 AM
Banking and financeKiwibank scraps plan for part-privatisation - for nowReserve Bank rule change means Kiwibank no longer needs third-party capital to grow.18 Dec 10:56 PM
Banking and financeRBNZ cuts cost of controversial bank capital rules - will customers see savings?Changes to make banks more competitive, but also more risky.16 Dec 09:52 PM
PremiumOfficial Cash RateRBNZ Governor fires another 'calm down' shot at markets, as mortgage rates rise16 Dec 04:56 PM
PremiumBanking and financeReserve Bank spending under fire – between-office travel cost hits $850k10 Dec 05:00 AM
PremiumPremiumPropertyTwo lenders owed $71.7m on troubled Beachcroft Residences projectThe Auckland apartments are nearly finished, but now the scale of the debt is revealed. 10 Dec 03:00 AM
Banking and financeTower Insurance fined $7 million for misleading customersTower has repaid more than $11.7m to affected customers after the breach.09 Dec 02:44 AM
PremiumPremiumBusinessThe offspring: How heirs to Kiwi family fortunes earn their keep Meet the heirs of New Zealand's wealthiest families.06 Dec 02:19 AM
PremiumPremiumMarketsFrom $17m seed to $25b giant: Carmel Fisher’s bold vision changed investingFisher was a champion of mum and dads’ financial literacy and independence04 Dec 04:04 PM
PremiumPremiumEconomy'Tsunami on way': Covid loan defaults near half a billion, pile pressure on small firmsExperts warn the rising defaults could fuel more company liquidations.03 Dec 04:00 PM
Banking and finance'Largest penalty so far': Westpac hit over lending failuresThe High Court imposed a $3.64m fine on Westpac over loan disclosure failures.28 Nov 12:02 AM
PremiumPremiumOfficial Cash RateReserve Bank comfortable, despite markets suggesting fixed mortgage rates might rise soonDid the Reserve Bank really expect markets to react the way they have?27 Nov 05:30 AM
PremiumPremiumOfficial Cash RateHas the Reserve Bank just put unhelpful upward pressure on mortgage rates?Market reaction to OCR cut suggests the Reserve Bank may have bungled its comms - again. 26 Nov 04:51 PM
PremiumPremiumPropertyBiggest fine of the year: Real estate agent hit with $10,000 penalty for misuse of vendor funds"If I have made any mistake, I am happy to do anything to rectify it," Lillian Chen said.25 Nov 05:00 AM
PremiumPremiumOpinionLiam DannLiam Dann: What Labubus tell us about today’s market maniaOPINION: Nvidia's latest result had market-watchers holding their breath. 22 Nov 04:00 PM
PremiumPremiumBanking and financeANZ NZ chairman tops NZ board pay list at $782,000Bank reporting shows ANZ NZ and BNZ chairs are the best-paid, including parent co-roles.13 Nov 08:00 PM
PremiumPremiumPropertyShovels in: Christopher Luxon, Wayne Brown at BeachlandsUp to 5000 new homes, a town hub and schools are planned in the south-east coastal area.13 Nov 03:00 AM
PremiumPremiumOpinionAnne GibsonProperty Insider: Beachcroft gets new builder: Seascape, Du Val good news? Southern Cross at EpsomNervous buyers of a big Onehunga block have been told they will be settling soon.10 Nov 04:00 PM
Banking and financeANZ NZ CEO gets bonus while Australian execs dockedFormer ANZ Group CEO Shayne Elliot was docked entitlements worth $15.63 million.10 Nov 05:46 AM
PremiumPremiumPropertyMortgagee sales jump: One agent has listed 37 distressed propertiesNew Zealand’s distressed sale listings have nearly tripled in recent months.10 Nov 04:00 AM
Banking and financeANZ's profit up 21% to record $2.5 billionThe bank puts the jump down to its risk management, rather than it growing its lending.09 Nov 10:06 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
Banking and financeBorrowers get buffers back, as interest rates fall - Westpac CEOEconomic recovery in sight as average borrower is ahead on their mortgage repayments.02 Nov 11:13 PM
PremiumPremiumBusinessInsurer probed over ‘dark fleet’ links posts 28% revenue surgeMaritime Mutual's profit rose to US$15.5m from US$577,671 in 2019.29 Oct 03:00 AM
PremiumPremiumOpinionLiam DannLiam Dann: We need to get better at creating wealth - could a Future Fund do it?OPINION: Labour's new policy was short on detail - but that might be a good thing.26 Oct 02:30 AM
PremiumPremiumEconomyWillis considered downgrading status of Reserve Bank governorDocuments reveal Treasury wanted the governor removed from the board.21 Oct 02:00 AM
BusinessControversial law change will no longer benefit ANZ in class actionGovernment strikes middle ground, as it retrospectively changes the CCCFA.19 Oct 09:00 PM
PremiumPremiumPropertyBuilder appointed to 32-level $201m Auckland CBD student towerThis week's $310m equity raise to repay bank debt and fund the construction of tower.16 Oct 01:00 AM
Personal FinanceReserve Bank to ease mortgage lending restrictionsFinance Minister Nicola Willis says the move will help first-home buyers.14 Oct 12:02 AM
