PremiumPremiumBusinessReserve Bank more than triples office lease costs in the midst of staff layoffsOn top of the new 10-year lease, the RBNZ has allocated $14.5m to fit out the space.09 Oct 10:00 PM
New ZealandTwo more banks drop home loan rates after OCR cutKiwibank and BNZ have followed moves by other retail banks yesterday.08 Oct 09:59 PM
BusinessBanks rush to cut mortgage rates after big OCR dropIt follows a string of pre-emptive cuts by banks to fixed-term rates last week.08 Oct 03:47 AM
PremiumPremiumAgribusinessWestpac holds $10/kg milk price forecast despite softer dairy auctionHigher world production is putting downward pressure on Global Dairy Trade prices.07 Oct 09:28 PM
PremiumPremiumBanking and financeBanks and Armourguard clash over future of NZ cash servicesBanks want Commerce Commission approval to jointly renegotiate terms.07 Oct 08:00 PM
PremiumPremiumBusinessEconomists divided on extent of OCR rate cut this weekThe Reserve Bank is expected to cut the Official Cash Rate on Wednesday.05 Oct 04:00 PM
AucklandWatch: Woman who received $158k in banking error believed it was 'blessing' from GodInterpol involved as UK bank is believed to have begun civil action to recoup the cash. 03 Oct 09:00 PM
New ZealandTwo more banks drop fixed mortgage rates to 4.49% ahead of OCR moveWestpac and ASB join ANZ and BNZ in cutting their one-year rates. 03 Oct 01:43 AM
BusinessWestpac cuts home loan rates, one-year special falls to 4.49%The bank’s five-year special rate is also cut, now sitting at 4.99%.02 Oct 06:25 AM
PremiumPremiumMedia InsiderA big brand move: Why Westpac turned to Spark leader for marketing shiftWestpac New Zealand has hired Sarah Williams as chief marketing officer. Williams joins from Spark New Zealand, where she was brand and experience chapter lead.Watch30 Sep 04:00 PM
New Zealand'Heartless swine': Auckland JP and accountant admits role in $1.8m fraudSharma said he never met the victims but had contracts to invest their money in Bitcoin.27 Sep 08:00 PM
BusinessTech Insider: Rod Drury backs Volley - a Kiwi ‘Venmo’, Huljiches invest in martech startup, Rocket Lab’s hiring spreeBrittany Fox said she has created a live tool to 'fix AI’s chaos-induced blind spot'.24 Sep 05:00 PM
Mood of the Boardroom'Bipartisan path': Westpac chief urges stability on housing, health and educationCatherine McGrath shares her reflections as a part of this year's Mood of the Boardroom.23 Sep 04:59 PM
PremiumPremiumGDPRate cut looms: Markets predict 40% chance of big drop in OCR in OctoberThe interest rate markets are raising the odds of a 50-basis-point rate cut next month. 19 Sep 05:06 AM
PremiumPremiumOfficial Cash RateBehind the eight ball: Banks call for sharper Reserve Bank cutsPressure is mounting on the Reserve Bank to cut rates sooner after poor GDP data.18 Sep 05:08 AM
BusinessCost of living pressures keep households pessimistic in confidence surveyLower-income households remain hardest hit as essentials eat up pay.17 Sep 03:33 AM
PremiumPremiumCompaniesBusiness giants worth $215b push for modern slavery lawNational and Labour each have Bills but government support remains stalled.16 Sep 01:31 AM
PremiumPremiumAucklandBanking watchdog releases ruling after ANZ staff helped customer send $250k to scammersThe victim claimed ANZ was negligent.15 Sep 09:00 PM
New ZealandWatch: Auckland fishermen rescued from rocksParamedics were winched into rough seas to reach the stranded fishermen by Cornwallis.12 Sep 05:46 AM
New ZealandFishermen trapped on windy rocks saved in dramatic resuceAuckland Westpac Rescue Helicopter crews were tasked to Cornwallis by police to assist three fishermen trapped on rocks. Video / AHRTWatch12 Sep 05:13 AM
New ZealandWhy were house price forecasts for this year so wrong?Westpac’s Kelly Eckhold has slashed his 2025 forecast to just 0.6% growth.11 Sep 10:56 PM
PremiumPremiumPoliticsLabour open to ‘discussion’ about changing Reserve Bank rules to tolerate higher inflationLabour is open to tolerating a higher level of price increases.08 Sep 11:37 PM
BusinessNZ ranks low in wage growth post-CovidNZ ranks 25th out of 43 for GDP growth over past decade and 37th for the past two years.07 Sep 10:19 PM
PremiumPremiumSharesMarket close: Potentia sells Vista stake Vista finished the busy day down 13c or 4.11% to $3.03 after reaching $4 on March 14.04 Sep 06:19 AM
New Zealand'No need' to change KiwiSaver, says Willis: Workers over 65 miss employer contributionWestpac says the Government should consider making the practice compulsory.02 Sep 04:51 AM
ChristchurchPerson seriously injured in farm incident 'involving a horse'The person was flown to Christchurch Hospital by Westpac Rescue Helicopter. 01 Sep 12:11 AM
PremiumPremiumBusinessWestpac NZ boss Catherine McGrath on the burden of banking and why big profits aren’t necessarily a bad thing - Money TalksWestpac's Catherine McGrath on career choices, the importance of banking and big profit. 29 Aug 05:00 PM
BusinessMajor bank lowers fixed lending rates to match other lenders after OCR cutThe bank has cut all its fixed rates.28 Aug 08:29 PM
BusinessMoney Talks: ‘Deeply uncomfortable’ - Westpac CEO on $2.4m salary made publicListen: 'I recognise that I get paid a lot of money,' Catherine McGrath says.27 Aug 05:00 PM
BusinessWill NZ or Australia be the economic winner in years to come?Australia's unemployment rate remains low, while New Zealand's is above average.26 Aug 10:17 PM
BusinessMajor bank lowers fixed lending rates after OCR cutAlmost all fixed mortgage lending terms have been cut this morning, the bank says.25 Aug 07:45 PM
BusinessComCom takes Westpac to task over loan and interest rate information breachesWestpac says it self-reported the historical issue and has admitted breaches.24 Aug 10:22 PM
BusinessBNZ latest lender to lower variable rates after OCR cutMajor banks have dropped their fixed and floating lending rates in the past 24 hours.20 Aug 09:58 PM
Interest ratesBanks start dropping mortgage, savings rates after OCR cutThe Reserve Bank today cut the Official Cash Rate from 3.25% to 3%, suggested more on way.20 Aug 07:05 AM
