
Westpac post record half-year
An improving economy and a massive reduction in bad loans helped Westpac New Zealand post a record half-year profit.
An improving economy and a massive reduction in bad loans helped Westpac New Zealand post a record half-year profit.
Australia's major banks are scrambling to distance themselves from dealings with companies accused illegal or immoral practices
Campaigners are out to hit the fossil fuel industry where it hurts, by making it an unacceptable place to invest. Peter Huck reports
Westpac's New Zealand boss earned more than $3 million in 2013 despite taking a pay cut.
New Zealand's big four banks collectively made more than $3.5 billion in the last year in another record year for the sector.
Westpac chief executive Peter Clare says the bank's rivals have been left with a "hangover" after pushing forward with mortgage pre-approvals.
Payments between New Zealand banks have been restored after a glitch at ANZ New Zealand led to industry-wide disruptions.
A woman who suffered a suspected spinal injury while playing touch rugby was taken to hospital by rescue helicopter last night.
Westpac has confirmed it is withdrawing mortgage pre-approvals for some customers following the introduction of the Reserve Bank's new lending restrictions.
Westpac has dropped its two-year fixed rate home loan but at the same time hiked its one-year rate.
After being in the doldrums for most of the last 10 years, the tourism sector is being tipped to go through an upturn.
Low-deposit mortgages will not only be harder to get from the end of this month, but they will be a lot more expensive.
The driver of a van which collided with a group of cyclists in Waikato this afternoon has told of his shock at the scene of the crash.
Kiwi house buyers can now get a mortgage on their cellphones - a first for New Zealand and Australia.
Environmental columnist Sam Judd checks out a new way for farmers to make money that will actually benefit the environment.
More New Zealanders are feeling comfortable about increasing the limit on their credit card limits now than this time last year, according to survey findings.
Prices of dairy products have surged to a record in Fonterra's latest global online auction as traders competed for a shrinking volume of drought-affected milk powder.