Banking and financeBusiness confidence taking sure stepsBusiness confidence has strengthened in ANZ's first survey of the year.27 Feb 04:00 PM
Banking and financeHome loan demand drives bumper profitsNew Zealand's banks had a bumper 2014, with home loan demand amid a booming property market helping to boost their combined profit by more than 20 per cent to a record $4.8 billion.24 Feb 04:30 PM
AgribusinessBank settlements top $24mA probe into how three banks marketed interest rate swaps to farmers will see up to $24.2 million go back to rural customers and their communities, with Westpac following ANZ and ASB and settling with the Commerce Commission.17 Feb 04:00 PM
OpinionHamish Fletcher: Out-of-court deals feel like a cop-outOut-of-court settlements may be cheaper, quicker and more certain than seeing a case through - but they can often feel like a cop-out.17 Feb 04:00 PM
BDBDBanking and financeRetail sales help lift kiwiThe New Zealand dollar rose against its Australian counterpart yesterday as retail sales beat expectations.16 Feb 04:00 PM
New ZealandCliff fall survivor 'like Houdini'As 85-year-old Stewart Rundle fell more than 30m down a rocky cliff behind his beachfront home he had one thing on his mind - survival.04 Feb 04:00 PM
OpinionFran O'SullivanFran O'Sullivan: Westpac sees light as Kiwi boss gets nodWestpac NZ's high-powered directors flexed their muscles - ever so diplomatically - to ensure the appointment of Kiwi David McLean as the bank's new chief executive.03 Feb 04:00 PM
Banking and financeTechnology focus for new Westpac bossNew Westpac boss Brian Hartzer has stamped his authority in his first day as chief executive of the Australian banking group.02 Feb 04:00 PM
Banking and financeWestpac NZ boss lands 'dream job'David McLean, the newly appointed boss of Westpac New Zealand, says he has landed his "dream job".02 Feb 04:00 PM
Banking and finance5-year rate new front in bank mortgage warMore interest rates have been cut following a week of competition by the country's biggest banks to attract house hunters and mortgage holders.23 Jan 04:00 PM
Banking and financeBanks need to lift their game: reportBanks will need to "reinvent themselves" if they want to keep increasing shareholder returns, according to a new report.20 Jan 04:00 PM
Banking and financeKiwi climbs against euro, aussieThe New Zealand dollar pushed on to a 21-month high against the euro yesterday as the spectre of deflation swept through Europe's financial markets.08 Jan 04:00 PM
OpinionBrian Fallow: Riding the dairy monsterA $6 billion drop in dairy farmers' incomes this season is a blow to the wider economy, no question, writes Brian Fallow. But it's not all bad.11 Dec 08:30 PM
Banking and financeRate rise date drifts further outThe Reserve Bank still sees interest rate increases in our future, but fewer and further away than it thought three months ago.11 Dec 04:00 PM
Banking and financeBig four Aussie banks face shake-upAustralian banks should be forced to hold more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found.07 Dec 04:00 PM
AgribusinessANZ admits misleading conduct, settles for $18.5mANZ has admitted misleading conduct over interest rate swaps and up to 178 farmers will now have to decide whether to accept their share of $18.5 million from the bank.03 Dec 04:00 PM
Banking and financeANZ pays out $19m to settle caseANZ will pay $18.5m to some of its rural customers who complained about interest rate swaps after reaching a settling with the Commerce Commission.02 Dec 08:30 PM
Business ReportsDynamic Business: Top four banks hold their placesThe top financial institutions have held their positions on the Top 30 rankings for financial institutions.27 Nov 06:00 PM
Business ReportsDynamic Business: We don't know how competitive we areDavid McLean says his experience working as MD of Westpac's NY branch gave him a unique insight into NZ's international competitiveness.27 Nov 06:00 PM
Banking and financeChina challenge tipped for big Aussie banksReserve Bank deputy governor Grant Spencer says the arrival of Asian banking giants is a watershed event that will boost competition and keep the dominant lenders "on their toes".24 Nov 04:30 PM
Banking and financeNZ economy the 'ultimate Houdini'The New Zealand economy has managed the ultimate "Houdini" act by avoiding the inflationary pressures that usually go along with strong growth, Westpac said.03 Nov 10:40 PM
Banking and financeBanks' profits explode as bad debts goWestpac NZ's record annual cash profit of $864m confirms a bumper year for the big banks. In fact, at $4.1b, that's almost $1000 for every man, woman and child in NZ.03 Nov 04:00 PM
BDBDBanking and financeWestpac earnings up on home loans, servicesWestpac NZ has reported a 13 per cent rise in annual cash earnings to $864m helped by a rise in lending and improving bad debts.02 Nov 10:39 PM
New ZealandMan's jaw broken by golf ballA man's jaw was broken when he was struck in the face with a golf ball during Labour weekend.28 Oct 12:54 AM
Banking and financeLandlords up share of house salesWestpac has changed its business model after discovering landlords are on the rise with their share of house sales up from 37 per cent a year ago to 42 per cent last month.25 Sep 05:30 PM
AgribusinessBig drop in exports hits trade balanceThe gap between what New Zealand earns from the rest of the world through trade and investment and what it pays widened in the June quarter as falling dairy exports started to weigh on the trade balance.17 Sep 05:00 PM
Banking and financeWestpac and BNZ to be served papersTwo of New Zealand's largest banks will this week be served court papers over claims they charged more than 41,600 customers unfair penalty fees.17 Aug 05:00 PM
