PremiumPremiumBanking and financeNegative cash rate could dent confidence, Westpac boss warnsThe Reserve Bank of New Zealand has continued to signal its intention to go negative.11 Sep 05:00 PM
PremiumPremiumBanking and financeLess grim: Economists forecast lower lockdown damage this timeA 'less downbeat' economic outlook from Westpac factors in resilience in June and July.20 Aug 05:47 AM
PremiumPremiumBanking and financeThe dilemma banks face over mask wearingShould customers wear a mask when they enter a bank branch?16 Aug 01:00 AM
Banking and financeBanks close Auckland branches to prepare for 3-day lockdownBanks have moved quickly to prepare for going back into lockdown.11 Aug 07:04 PM
PremiumPremiumOpinionKate MacNamaraKate MacNamara: What $640m buys in the Reserve Bank's new budgetFunds are a win for Orr, but it's not clear that NZ will receive the value he claims.11 Aug 05:00 PM
Banking and financeBank complaints: 21,000 in three monthsFirst time complaint numbers have ever been revealed for the banks.11 Aug 05:00 PM
PremiumPremiumBanking and financeKiwis use spare lockdown cash to pay off home loan mortgage debt fasterMore than $400 million extra was paid off mortgages by customers of Westpac.05 Aug 05:47 AM
PremiumPremiumBanking and financeLiam Dann: Unemployment's OMG moment - what really happened to jobsGood, bad or meaningless? We knew unemployment data would be weird but it still surprised.05 Aug 05:40 AM
PremiumPremiumBanking and financeInvestors unhappy banks blocked $3m in transfers to US firmProtesters say a bank is blocking their bid to invest in a US-based company.17 Jul 05:00 PM
PremiumPremiumBanking and financeWhat led police to release photos of suspected Wilson Parking card skimmerSkimming fraud hits hospital ticket machines, investigation underway.17 Jul 05:40 AM
New Zealand$600,000 man: Auckland Council announces new CEOJim Stabback arrives as Auckland Council deals with the fallout from Covid-19.17 Jul 12:00 AM
PremiumPremiumBanking and financeNZ banks expected to weather Covid-19 storm but risks remainBut risks remain from the pandemic lasting longer and delays in a vaccine.15 Jul 05:00 PM
BDBDBanking and financeNZ banks' credit losses to rise to 12x 2019 level - S&PA contracting economy and rising unemployment will affect banks' asset quality metrics.10 Jul 12:42 AM
PremiumPremiumBanking and financeThe end of face-to-face banking? Covid lockdown hastens branch closuresMore than 30 branches have closed since March 26.03 Jul 05:00 PM
Banking and financeBank profits dropped 20pc in March quarter, full impact still to be revealedA significant increase in impaired assets has dragged down bank profits.02 Jul 06:00 PM
PremiumPremiumBanking and financeBanks stopped selling controversial insurance productOnly Kiwibank still sells the insurance product.11 Jun 05:00 PM
PremiumPremiumBanking and financeThe other cloud hanging over NZ's economic recoveryThe recovery will take way longer if Kiwis aren't willing to spend.03 Jun 05:37 AM
Banking and financeWestpac loan targets rise in work from homeBank offers up to $10k interest-free as more opt to work from home.03 Jun 01:31 AM
BDBDBanking and financeMortgage wars should spark boost to lendingMortgage lending was slashed to about half of normal levels last month due to Covid-19.27 May 10:34 PM
PremiumPremiumOpinionJenny Ruth: RBNZ's awkward about-face on bank capital rulesThe new bank capital rules have been deferred until July 1 next year.26 May 10:46 PM
PremiumPremiumBanking and financeLike Y2K again: Banks get ready for negative interest ratesBanks have to check everything from their legal documents to technology systems.25 May 05:37 AM
PremiumPremiumBanking and financeWhat bank bosses want to see in Budget 2020What do bank bosses want to see in the Budget to help business?13 May 07:22 PM
PremiumPremiumBanking and financeS&P expects NZ banks' Covid-19 losses to peak at $4.7bSimilar comments made about Australia's four major banks, which own NZ's 'big four'.12 May 10:48 PM
Banking and financeLocked out: Westpac system crashesSome customers have been locked out of their accounts for hours.11 May 06:31 AM
PremiumPremiumBanking and financeRevealed: Just $23m of $6.25b Govt-backed loans made by banksTake-up of the Business Finance Guarantee Scheme has been slow.08 May 05:58 AM
PremiumPremiumBanking and financeCovid-19 will cause sharper down-turn than GFC, Westpac boss saysWestpac boss David McLean believes New Zealand could come out of recession quickly.05 May 05:00 PM
Banking and financeWestpac expects $211m hit linked to Covid-19Big bank announces how much it made in the six months to March 31.04 May 05:33 AM
PremiumPremiumBanking and financeProperty lifeline: More than 100,000 Kiwis taking mortgage reliefNew data shows more than 100,000 households are seeking mortgage relief from their bank.29 Apr 05:00 PM
Banking and financeSome banks increasing branch opening hours under alert level 3Some banks are increasing branch hours while others are making no change under level 3.24 Apr 05:36 AM
Banking and financeEconomy back up to 80% under alert level 3, bank boss predictsBanks charge low rates on government-backed business finance lending.21 Apr 08:45 PM
PremiumPremiumBanking and financeBanks to charge as little as 0.8% on govt-backed business loansBut rates vary.20 Apr 09:17 PM
Banking and financeCovid-19: Westpac flags A$1.4b hitMoney laundering compliance issues, customer refunds and asset write-downs take their toll13 Apr 11:30 PM
Banking and financePaywave limit raised amid coronavirus concernsLimit finally raised .. mostly.08 Apr 08:00 PM
PremiumPremiumBanking and financeNew numbers show Kiwis rushing to banks for mortgage helpThe number of New Zealanders seeking help from their bank to pay the mortgage has surged.08 Apr 05:00 PM