Latest from Banking and finance

Westpac NZ boss Catherine McGrath on the burden of banking and why big profits aren’t necessarily a bad thing - Money Talks

Westpac's Catherine McGrath on career choices, the importance of banking and big profit.

Reserve Bank bows to Govt's wishes - proposes loosening bank capital rules

Proposed changes aren't expected to fix the sluggish economy.

Reserve Bank doubles Auckland office space just as staff redundancies hit

The bank plans to cut 142 roles, including 35 currently vacant positions.

Banking competition inquiry: MPs struggle to identify silver bullet solutions

Major work on loosening capital rules and part-privatising Kiwibank already under way.

Challenging economy hits Kiwibank's bottom line

Kiwibank's annual net profit has fallen on the back of a weaker economy.

Govt moves to part-privatise Kiwibank

Will investors be able to sell their shares to foreigners?

Investment manager Milford Funds boosts dividend despite profit dip

Performance fees dropped sharply from $84m to $1m in 2025.

Here's how you might get $20k from your bank

Cashback incentives ranged from $3000 to $20,000 for refinancing homeowners.