Banking and financeTighter bank loans may throttle housingAuckland property developers fear that a sudden tightening of bank lending may "throttle" new housing projects despite the city's desperate housing shortage.02 Sep 05:00 PM
Agribusiness reportAgribusiness: Big swings in the farming cycleWestpac's Karen Silk says the bank is confident the problems facing NZ dairy farmers are cyclical.30 Aug 10:33 PM
Banking and financeWestpac KiwiSaver to exit weapons investmentsWestpac KiwiSaver confirms it will exit investments to companies that are involved in the manufacture of cluster bombs, landmines or nuclear explosive devices.30 Aug 09:25 AM
Banking and financeKiwibank won't replace Westpac branchesKiwibank says it won't be stepping in to fill the void left by Westpac's proposed branch closures. First Union says Westpac is planning 26 Aug 01:30 AM
Banking and financeSmall towns stranded if branches closeThree towns will be left with no bank branches if Westpac goes ahead with a raft of planned closures.24 Aug 12:58 AM
Banking and financeWestpac bank branches to closeA union spokesman said up to 19 branches could close, putting up to 100 jobs at risk.11 Aug 04:14 AM
Banking and financeThe private banking of NZ's wealthiestHelicopter rides and late night trips to hotels are par for the course for bankers to New Zealand's wealthiest.05 Aug 09:45 PM
Banking and financeHow much are NZ's big banks making?NZ's banks have shrugged off global market turmoil and depressed dairy sector to make a net profit of $1.2 billion in the first three months of this year.26 Jul 05:00 PM
Banking and financeRate cut signal dents for NZ dollarThe Reserve Bank driven the exchange rate down after it signalled a likely cut in the cash rate next month and raised possibility of further reduction.21 Jul 08:25 PM
BDBDBanking and financeWestpac tightens interest-only lendingWestpac's New Zealand unit is cutting interest-only lending terms to a maximum of five years, in a market where investors are the driving force.11 Jul 05:00 PM
Banking and financeANZ fights farmers' swaps court claimANZ faces three separate High Court claims from farmers who bought controversial financial products from the country's largest bank.06 Jul 07:00 PM
BDBDBanking and financeHouseholds feeling economic pinchConsumer confidence fell below its long-run average in the June quarter.19 Jun 11:05 PM
Banking and financeAnother bank shuts out foreign buyersASB is the fourth major bank to impose lending restrictions on foreign home buyers.13 Jun 05:08 AM
BDBDBanking and financeBNZ follows ANZ, Westpac on foreignersBNZ has joined ANZ Bank and Westpac's local unit in restricting mortgage lending for foreign property buyers.10 Jun 04:58 AM
Banking and financeBanks shut out foreign buyersTwo of our biggest banks will no longer lend to overseas-based buyers of New Zealand property.09 Jun 09:45 PM
WorldStudent's $5m spree: Was it bank's fault?Malaysian student who splurged nearly $5million in less than a year after mistakenly receiving an unlimited overdraft says she thought the money came from her parents.22 May 07:53 PM
Capital markets reportCapital Markets: Rebound creates more interest from banksAbout 80 per cent of residential subdivisions get some or all of their funding from one of the four main banks, one sector chief says.18 May 04:00 PM
Banking and financeWestpac looks to grow rural footprintWestpac aims to boost market share despite stressed proportion of agribusiness portfolio more than doubling.02 May 05:00 PM
BDBDBanking and financeWestpac drags index lower after resultNew Zealand shares fell after Westpac Banking Corp posted earnings that missed estimates on increased impairments.02 May 09:00 AM
Banking and financeProperty prices set to keep surging - Westpac bossWestpac New Zealand boss David McLean says Auckland's heated property market will continue to surge ahead as long as a "supply and demand imbalance" exists.02 May 04:01 AM
BDBDBanking and financeWestpac reports record $445m profitProfits at Westpac Bank are up 3 per cent for the past half year.01 May 11:40 PM
Banking and financeWestpac curbs loans to Oz foreign buyersWestpac in Australia is stopping lending to foreign buyers of property.27 Apr 04:51 AM
BDBDBanking and financeEmployment confidence improves as wages liftThe Westpac-McDermott Miller Employment Confidence Index rose 3.3 points to 104.8 in the March quarter, gaining for a second period from a three-year low in September.03 Apr 11:25 PM
BDBDBanking and financeDual listed banks drag index downNew Zealand shares fell, dragged down by dual-listed Australia & New Zealand Banking Group and Westpac Banking Group.01 Apr 09:18 PM
AgribusinessFonterra cut bitter pill for farmersThe kiwi dollar has dropped this morning after Fonterra cut its farmer payout for the second time this year.07 Mar 08:30 PM
AgribusinessDairy lift offers spark of hopeEmbattled dairy farmers were offered a glimmer of hope when world prices firmed for the first time this year.02 Mar 04:00 PM
AgribusinessWhat the dairy price rise means for farmersRise of 1.4 per cent ends a four-sale losing streak.01 Mar 05:54 PM
AgribusinessDairy prices back on the riseModest 1.4 per cent gain an end to four-sale losing streak.01 Mar 05:06 PM
BDBDBanking and financeWestpac to pay $4m to ATM usersBank to compensate more than 100,000 customers who were overcharged when withdrawing cash from ATMs in Australia.15 Feb 08:40 PM
AgribusinessAnother price cut on cards for dairyingWestpac is forecasting a Fonterra farmgate milk price of $4 this season and $4.60 in 2016/17.15 Feb 07:20 PM
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