Banking and financeKiwibank fined $1.5 million for breaching Fair Trading ActThe bank identified and self-reported the issues to the commission at the time.27 Nov 03:20 AM
New ZealandNZ Herald Live: Christopher Luxon and Nicola Willis speak on OCR newsChristopher Luxon and Nicola Willis speak to media on the OCR newsWatch26 Nov 11:33 PM
PremiumPremiumOpinionNadine HigginsNadine Higgins: How to navigate the low equity minefield in NZ home loansOPINION: Low-deposit borrowers face higher rates as banks reflect greater lending risks.26 Nov 04:00 PM
PremiumPremiumBusinessMore interest rate relief coming ... but how much and where to next?The Reserve Bank will this week deliver a new set of forecasts for where rates are headed.24 Nov 04:00 PM
PremiumPremiumNew Zealand'Return the stolen money': Elite private school refused to refund scam victim's 'tainted' $50KVictim believes the school has a moral duty not to keep money from an alleged criminal.08 Nov 04:00 PM
PremiumPremiumBusinessUnemployment preview: How hard has the economic downturn hit the labour market?New employment data this week will reveal the impact on jobs.03 Nov 04:00 PM
New ZealandFormer lawyer accused of using laundered $400k on luxury home, private school feesThe disbarred lawyer claims multimillion-dollar business deals are at risk if he is named.25 Oct 04:00 PM
New ZealandMore Māori getting on property ladder on Māori land'Any solutions to combat the housing crisis were welcome.'23 Oct 02:03 AM
PremiumPremiumBanking and financeBetter times ahead? NZ yield curve points to improved outlookNew Zealand's yield curve has continued to steepen after the RBNZ's rate cut this week.11 Oct 04:00 PM
Banking and financeBanks set date to introduce key anti-scam measure, reimbursement question still hangingWatchdog says it's 'shameful' banks took so long to introduce confirmation of payee tech.10 Oct 01:05 AM
Banking and finance'Double whammy': OCR cut delivers mortgage relief but potential job losses dampen moodInterest rates are now expected to drop steeply into the new year.09 Oct 04:00 PM
Official Cash RateASB cuts rates after Kiwibank's move ahead of OCR decisionBanks are manoeuvring ahead of Adrian Orr's cash rate call.08 Oct 09:27 PM
PremiumPremiumOpinionBill Bennett: The mood of the Boardroom at a glanceOpinion: Generative AI investment surges; 85% of businesses see potential.02 Oct 03:59 PM
OpinionArena Williams: Is a private capital raise the answer for Kiwibank?OPINION: National has never come to terms with Kiwibank.17 Sep 05:00 PM
Banking and financeMortgage battle continues as Kiwibank cuts home loan ratesBanks are following the market's biggest lender, ANZ, as it cuts rates.16 Sep 11:42 PM
PremiumPremiumBanking and financeProperty Insider: 'Terrific time to look at NZ' for $1.6b investorBig investor says New Zealand has compelling opportunities.09 Sep 05:00 PM
New Zealand'Just hang up': Pensioner's devices hacked, identity stolen during cunning Spark scamThe scammer spoke to the pensioner by phone for three hours while controlling his devices.05 Sep 06:25 AM
Banking and financeWellington cafe suffers ‘worst sales day ever’ as job cuts biteCafe owners say crunch worse than during Covid and making a profit is 'near impossible'.31 Aug 12:11 AM
Banking and financeUbco inks major deal with Australia PostTrial also begins with NZ Post.25 Aug 09:00 PM
PremiumPremiumEditorialEditorial: Boosting Kiwibank a no-brainer but finding right investors keyOPINION: Outside investors in Kiwibank will need to have the right priorities.22 Aug 05:00 PM
PremiumPremiumBanking and financeKiwibank CEO open to foreign investment; says bank might need more capital soonThe bank might need more capital in a few years' time if it keeps growing quickly.22 Aug 05:00 PM
Banking and financeASB cuts fixed mortgage ratesBank moves a week after the Reserve Bank cut the official cash rate.21 Aug 10:41 PM
Banking and financeMortgage wars: Kiwibank cuts home loan ratesBanks are scrambling to win new customers.21 Aug 03:53 AM
PremiumPremiumBanking and financeComCom banking report due out – how will the Govt respond?What's already been said and done to improve banking competition.19 Aug 05:00 PM
New Zealand'Complete and utter 180 u-turn': Mortgage relief for home owners in surprise OCR cutThe major banks immediately moved to slash mortgage rates after the OCR cut.14 Aug 05:00 PM
Banking and finance'Darkest before the dawn': Reserve Bank cuts OCR, banks slash ratesIt's one of the most hotly anticipated interest rate calls this year.14 Aug 05:57 AM
PremiumPremiumBanking and financeWould investors want to buy into Kiwibank if it had to stay NZ-owned?Investors open to buying shares with conditions put on them — at the right price.13 Aug 05:00 PM
New Zealand'A win': Banks strike cash settlements with scam victims who lost $400kAn elderly victim made 13 offshore money transfers to scammers with help from bank staff.09 Aug 05:00 PM
OpinionOpinion: Four reasons why selling part of Kiwibank could do more harm than goodOPINION: Any plans to part-privatise Kiwibank deserve close scrutiny.06 Aug 02:00 AM
New ZealandUnauthorised deposit: Car smashes through front window of bankPolice said no injuries have been reported.05 Aug 07:38 AM
PremiumPremiumOpinionMatthew HootonMatthew Hooton: Kiwibank expansion plan deserves wide supportOPINION: Willis’ proposal honours Jim Anderton and Trevor Mallard’s vision.04 Aug 05:00 PM
PremiumPremiumBanking and financeGovernment drops further hints it's open to selling KiwibankThe Kiwibank board has been asked to come up with ideas to grow the bank.25 Jul 12:00 AM
Banking and financeMortgage wars: Major NZ bank undercuts rivals by lowering home loan rates againThe bank has cut its home loan rates for the second time in three weeks.24 Jul 03:39 AM
Banking and financeMore home loan rate cuts – if you can get themRate relief may take time to filter through to households.22 Jul 12:47 AM