BusinessWhy home loan applicants might face an extra waitSome banks have paused pre-approvals, pushing new applications into early 2026.22 Dec 11:59 PM
PremiumBanking and financeNew Zealand's biggest 30 financial institutions rankedMotor Trade Finance debuts at rank 27 with assets of $1228m.22 Dec 04:00 PM
New ZealandWestpac raises interest rates for 18-month fixed standard and special mortgagesThe rise comes after the ASB and BNZ announced changes to their fixed home loan rates.18 Dec 05:16 AM
PremiumPremiumSharesMarket close: Gentrack sell-off drives NZ sharemarket downThe NZX moved lower as investors reacted to changing mortgage rates from Westpac.10 Dec 05:09 AM
Official Cash RateWestpac lifts interest rates by whopping 30 basis pointsIs this what the Reserve Bank wanted?09 Dec 04:16 AM
PremiumPremiumBusinessFonterra's Peter McBride named top chairperson for second timeMcBride first became Fonterra chairman in 2020, guiding major structural reform.04 Dec 04:03 PM
PremiumPremiumPropertyNew terrace homes rising on ex-Unitec land at CarringtonG.J. Gardiner has arrived on the site to begin the first 51 of a planned 350-home project.02 Dec 08:00 PM
Banking and finance'Largest penalty so far': Westpac hit over lending failuresThe High Court imposed a $3.64m fine on Westpac over loan disclosure failures.28 Nov 12:02 AM
New ZealandMajor banks cut mortgage rates after Reserve Bank slashes OCR to 2.25%The Reserve Bank's Official Cash Rate now sits at 2.25% after a 25-point reduction.26 Nov 04:21 AM
Business'Spending hangover': Black Friday warning ahead of busy shopping weekShoppers are warned to stick to their spending limits and look past the sales hype.23 Nov 06:00 PM
PremiumPremiumNew ZealandFury as Auckland professional avoids jail for role in $2m fraudThe Beca costings expert had been earning $200k a year plus bonuses.17 Nov 04:00 PM
New Zealand‘Poverty porn’: Letele accuses Westpac of using foodbank to show off volunteer visitThe social activist says he felt his BBM charity was being used for online promotion.12 Nov 12:23 AM
PremiumPremiumNew Zealand'I get paid a lot of money': Banker's $2m salary doubles over yearThe chief executive of Westpac's salary is 55 times the average Kiwi's. 05 Nov 03:57 AM
RetailHow a small-town cafe became a top franchise success storyKelly and Jess Bain’s Ōmokoroa café opened in 2023 with a community focus.03 Nov 12:25 AM
Banking and financeBorrowers get buffers back, as interest rates fall - Westpac CEOEconomic recovery in sight as average borrower is ahead on their mortgage repayments.02 Nov 11:13 PM
BusinessLocking in your mortgage: Is now the time to fix for 5% or less?Westpac and BNZ now offer five-year fixes at 4.99%, last seen in 2021.02 Nov 02:40 AM
PremiumPremiumOpinionLiam Dann Liam Dann: The economy should emerge leaner and meaner after long downturnOPINION: As painful as it has been, our economy needed to rebalance.01 Nov 04:00 PM
New ZealandBank introduces lowest advertised mortgage rate on the marketThe move puts it ahead of its competitors, which are offering one-year rates of 4.49%. 28 Oct 04:00 PM
New ZealandPolice helicopter crew in multiple Labour Weekend water rescuesA missing diver was found in Manukau Harbour after over an hour of searching.28 Oct 03:41 AM
BusinessWestpac trims mortgage rates amid competition from rivalsIt joins BNZ and ASB in lowering its special 18-month fixed home loan rate to 4.45%.23 Oct 03:07 AM
New ZealandBank cuts fixed-term mortgage rate with now-lowest 18-month dealIt comes a week and a half after the Reserve Bank cut the OCR down to 2.5%. 20 Oct 05:29 AM
PremiumPremiumBusinessFintechs cheer open banking breakthrough - but key move still hangs in the balanceA good start, but less than halfway there.19 Oct 06:00 PM
PremiumPremiumInflationBad news for the Reserve Bank as inflation tipped to top 3%Stats CPI data key for next interest rate call.19 Oct 04:00 PM
New Zealand'Starting to thaw': Early signs of economic recovery in new Westpac surveyFewer firms are cutting staff, though most remain cautious about new hiring.14 Oct 04:00 PM
Personal FinanceReserve Bank to ease mortgage lending restrictionsFinance Minister Nicola Willis says the move will help first-home buyers.14 Oct 12:02 AM
