Banking and financeBank profits down first time in 7 yearsBank profits fell for the first time in seven years last year on the back of growing competition and a squeeze on bank margins.15 Feb 05:07 PM
New ZealandGun threat in bank robbery: PoliceBank staff in Christchurch were threatened with a firearm in an armed robbery in Christchurch this afternoon, police say.25 Jan 02:34 AM
BDBDBanking and financeNZ Super, ACC appoint Kiwibank directorsThe NZ Superannuation Fund and the Accident Compensation Corp today announced two appointments to the board of state-owned Kiwibank.22 Dec 12:48 AM
BDBDBanking and financeDelayed start to new KiwiSaver rules 'shameful'The government's announcement that KiwiSaver providers have until 2018 to start providing transparent information about all the fees 13 Dec 05:16 AM
BDBDSmall BusinessBig money learns new tricksSome of New Zealand's biggest companies are lending their muscle to help start-up businesses get off the ground.01 Dec 08:14 PM
Banking and financeBattle for your savings heats upBanks have increased term deposit rates in a bid to attract customers and fund further mortgage lending.28 Nov 01:09 AM
Banking and financeMajor banks offer financial assistanceQuake-hit customers and businesses have been offered mortgage relief and access to savings.15 Nov 11:04 PM
BDBDBanking and financeCall centre delays after quakeCustomers of BNZ and Kiwibank may face delays in getting through to the lenders, with both banks' primary call-centres based in Wellington.14 Nov 04:54 AM
BDBDBanking and financeSuperfund, ACC take stake in KiwibankA deal which sees the New Zealand Super Fund and Accident Compensation Corp take a partial stake in Kiwibank's holding company has completed.31 Oct 02:26 AM
Banking and financeKiwibank outage affecting customersKiwibank's systems are up and running again after a tKiwibank's systems are up and running again after a two-hour outage which struck around midday, in the middle of Labour Day sales.24 Oct 12:53 AM
Banking and financeBank profits dip as lending growth outpaces depositsProfits across New Zealand's banks dipped in the June quarter driven in part by record lending outpacing funding.11 Oct 04:00 PM
BDBDBanking and financeNZ Super, ACC agree terms to buy 45pc of KiwibankThe terms will see NZ Super and ACC acquire 45 per cent of Kiwibank for a price provisionally put at $495 million.14 Sep 11:20 PM
Banking and financeKiwibank profits dip on higher costs and competitionCEO Paul Brock said the flat result reflected the global uncertainty and increased funding costs for banks.25 Aug 09:55 PM
New ZealandProtest targets The BlockProtesters say The Block NZ promotes property speculation at a time of housing crisis03 Aug 07:56 AM
Banking and financeNZ Post board chairwoman announcedThe next chair of NZ Post's board has been confirmed as Queenstown-based lawyer and company director Jane Taylor.31 Jul 10:26 PM
Banking and financeKiwibank customers left waiting on moneyKiwibank customers are still waiting for their money after a technical glitch caused delays in processing payments.13 Jun 11:10 PM
BDBDBanking and financeKiwibank gets OK to close remitter's accountsPressure is coming on Govt to fix rules that are effectively stopping banks from helping foreign workers to send money home.03 Jun 01:15 AM
Banking and financeKiwibank offers 3.99pc home loan rateIt's the lowest rate since the bank began in 2002, and the first rate from a major bank under 4 per cent.12 May 10:33 PM
Banking and financeThousands take hands-off approach to KiwiSaverThousands of people signed up to KiwiSaver may not know who their provider is and young people are the least likely to know. Research 15 Apr 12:10 AM
OpinionFran O'SullivanFran O'Sullivan: Bank deal aligns politics and financesCOMMENT: NZ Super Fund's decision to try to buy a 25pc stake in Kiwibank from NZ Post should not be any surprise.08 Apr 05:00 PM
Banking and financeExpert wary of Kiwibank share sell-offGovt sale of Kiwibank stock to taxpayer-owned entities may see them fall out of public ownership in future06 Apr 11:30 PM
OpinionBarry Soper: Cullen skilled at shifting money aroundCOMMENT: Michael Cullen's always been good at shifting money around without necessarily having to spend it, so what better way to finance KiwiBank than through his fund, writes Barry Soper.06 Apr 08:31 PM
OpinionFran O'Sullivan: NZ Post a brilliant Wellington dealFRAN O'SULLIVAN: This is a Wellington deal that brilliantly suits the objectives of two finance ministers, current and former.06 Apr 07:00 PM
Banking and financeGoverment will extract $300m - $350m dividend from KiwibankThe special dividend will be gained from the sale of a 45 per cent stake in Kiwibank.06 Apr 06:56 PM
BDBDBanking and finance$495 million for Kiwibank stakeBill English says NZ Post's plan for ACC and NZ Super Fund to buy into Kiwibank will ensure bank remains wholly Government owned.05 Apr 10:47 PM
OpinionMike HoskingMike Hosking: What would $100m gift to Kiwibank get us?COMMENT: Mike Hosking asks, what the $100m that the Greens want to give to Kiwibank will get NZ. Does it give the Government the right to dictate how the bank operates?04 Apr 02:57 AM
Banking and financeGreens propose 'beefed up' KiwibankKiwibank would get a $100 million capital injection to turbo-charge its expansion and create more competition in the banking sector, under Green Party policy.03 Apr 01:26 AM
BDBDBanking and financeNZ Post art collection for saleNew Zealand Post, struggling with falling mail volumes, has put its art collection up for sale.01 Mar 12:50 AM
Banking and finance'Banks want to be seen as good'Is Westpac's new ad featuring Richie McCaw less about caring for people and more about public image?14 Feb 04:45 AM
Banking and financeKiwibank can't cry poor - QCKiwibank's been accused of unfairly shutting down business bank accounts, prompted by new anti money-laundering laws.03 Feb 01:49 AM