Latest from Financial Services

Development boss speaks out on $20m+ Auckland property failure

'We are not like others who simply walk away. We are doing everything we can.'

Mortgage rate cuts ease financial pressure on home owners, more ahead on loans

Banking data show decline in hardships and mortgage arrears.

NZ shares dip as Trump tariff threats rattle world markets

The S&P/NZX50 slipped 0.9% to 13,341 after last week’s record high.

Nadine Higgins: Does renting make more financial sense?

OPINION: Selling up and renting can free cash but means giving up home security.

Reserve Bank more than triples office lease costs in the midst of staff layoffs

On top of the new 10-year lease, the RBNZ has allocated $14.5m to fit out the space.

Bank's stark warning hints at global fallout

Kristalina Georgieva warned inflated prices could mask deeper economic fragility.

Why are gold prices surging?

Central banks are quietly boosting gold reserves amid dollar diversification.

How low the OCR will go: Experts on rates, economy and what to know about your mortgage

The Reserve Bank today delivered a 50 basis point cut to the Official Cash Rate.

Westpac 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%.

EA to be sold for $68b in largest-ever gaming buyout

Electronic Arts will be delisted from the Nasdaq but CEO Andrew Wilson will stay on.

Liquidator seeks buyer for failed Auckland food business, with 35 jobs on the line

Gourmet pies, cakes and savouries made by companies hit by a combination of events.

The Prosperity Project: Unlocking cash from the family home

High costs mean retirees are tapping into property to keep up with expenses.

From boom to bust: Why relying on local assets has cost investors dearly

The NZX 50 is barely positive for 2025, up just 0.2% so far this year.

Nadine Higgins: Mortgage or market - which move secures your future fastest?

A $500,000 mortgage at 6% costs $580,000 in interest over 30 years.

Mary Holm: $3000 surprise – How to get back what you are owed

OPINION: Victims must keep bank and contact details current to receive repayments.

Bank offers $4000 to help with renovations as borrower faces forced sale

Nearly 40% of the 5882 cases received last year by the banking ombudsman involved scams.