PremiumPremiumNew ZealandWestpac CEO intervenes after pensioner loses $158k in bank transfer errorThe money went to an Auckland woman who allegedly spent it on cars and transfers.06 May 12:00 AM
PremiumPremiumSharesMarket close: NZ sharemarket rebound continuesComposure is returning to markets after an unruly April. 05 May 05:57 AM
PremiumPremiumBanking and financeFloating rate fad helps Westpac's profit grow 10%Bank reports $525 million profit in six months.05 May 04:37 AM
New ZealandPensioner who lost $158k gets bank refund after woman's 'spending spree'Andrew Che Sit Bong, 78, lost his savings due to a single-digit mistake.02 May 05:00 PM
BusinessWestpac fined $3.25m for misleading customersBank's 'systems were insufficient', says Judge. 02 May 12:16 AM
BusinessWestpac apologises after online banking goes down, leaving customers frustrated Some say the glitch has meant they can't pay their bills or transfer money for petrol.30 Apr 10:42 PM
New ZealandWoman who received $158k in bank transfer error could face charge, jail time: expertThe money was allegedly used for cars and sent to a boyfriend and a relative.29 Apr 05:00 PM
New ZealandWoman’s 'spree' after $158k banking error, refuses to return pensioner’s life savingsAndrew Che lost his retirement savings due to a one-digit bank transfer error.26 Apr 05:00 PM
New ZealandBanks to reimburse fraud victims up to $500,000 under new rulesNew tech will identify risky transactions and freeze suspect accounts.23 Apr 06:00 AM
New ZealandWaikato rescue helicopter crash caused by 'vortex ring state', investigation findsIt marks what may be the first crash directly caused by the phenomenon.16 Apr 06:18 PM
Banking and financeBNZ fixed loan rate falls to 4.95% as major banks trim mortgage ratesSpecial rates are being offered under 5% after the OCR dropped 25 basis points.15 Apr 09:43 PM
BusinessWhat Trump’s tariffs mean for mortgage interest ratesThe new US tariffs have shaken international markets, causing a global share plunge.05 Apr 12:47 AM
PremiumPremiumBusiness‘Manageable’ impact: NZ faces $900m hit from US tariffsWeaker global demand is likely to depress commodity prices, says Westpac's Kelly Eckhold.03 Apr 03:35 AM
New Zealand‘Scammers don’t sleep’: FMA under fire for delayed scam alert after retiree loses $1mThe FMA took 47 days to issue a scam warning, during which a retiree lost $1m.31 Mar 04:00 PM
PremiumPremiumBusinessASB: ‘If economic recoveries are cars – New Zealand is more Prius than Ferrari’An ASB economist outlines the 'good, the bad and the ugly' of the recovery.30 Mar 04:00 PM
New ZealandWatchdog launches probe after ANZ helped victim send $250k to scammersANZ refused liability saying there were no indications of fraud or 'red flags'. 27 Mar 08:02 PM
New Zealand‘Negligence to the eyeballs’: Westpac under fire in $2m laundering caseCarel Viljoen laundered nearly $2 million in an investment scam.26 Mar 06:41 PM
BusinessEmployment confidence slumps to 2020 post-Covid lockdown lowsThe good news is the unemployment rate is believed to be nearing its peak for this cycle.24 Mar 09:50 PM
PremiumPremiumNew Zealand‘I make some money out of it’: Interview with a $2m money laundererA scam victim who lost $1m says: “I’ve failed as a husband to protect my wife".07 Mar 04:00 PM
New Zealand‘Anxious as s***’: Businessman guilty of money laundering linked to $2m scamThe victims thought they were investing in high interest bonds but lost nearly $1m each. 06 Mar 04:00 PM
BusinessConstruction sector likely to pick up, but not immediatelyThe construction sector had a tough end to 2024, so when might things improve?06 Mar 02:03 AM
New Zealand‘I’ve lost so much’: ANZ under fire for blocking $1m fraud investigationConsumer NZ says the victim is powerless and something needs to change. 28 Feb 04:03 AM
Interest ratesMore mortgage rates tumble after OCR cutAnother major bank has cut its fixed-term rates.21 Feb 12:09 AM
PremiumPremiumEditorialEditorial: Alarming numbers of young Kiwis leaving – will they ever come home?OPINION: Latest migration stats show concerning brain drain trends.19 Feb 04:00 PM
PremiumPremiumOpinionNadine HigginsNadine Higgins: How switching banks could benefit you OPINION: The case for breaking banking loyalty and saving money.17 Feb 03:00 AM
New ZealandListen: ‘Appalling on all levels’ – Experts slam ANZ for failing to prevent $250k scamThe victim says ANZ's failures directly contributed to her loss. 14 Feb 04:00 PM
BusinessASB drops some mortgage ratesBig bank says competition on interest rates is fierce.11 Feb 08:09 PM
PremiumPremiumOpinionAnne GibsonProperty Insider: Fixing Ryman’s sinking Edmund Hillary hub; Britomart revitalisation turning 20Site was rubbish dump, says boss of Mainmark, drilling through floor slabs up to 4m down.10 Feb 04:00 PM
PremiumPremiumBusinessMarket close: Manawa Energy shares sink on merger uncertaintyTrading was solid on the NZ sharemarket the day after the Waitangi public holiday.07 Feb 05:27 AM
New Zealand‘Huge relief’: Kiwi scam victims get some of their life savings backThe victims claimed Westpac failed in its duty of care by not conducting proper checks.05 Feb 04:00 PM
New Zealand'Totally dropped the ball': ANZ staff helped scam victim send $250k to known 'money mule'The victim is shocked to learn the bank was on notice about the suspect account.31 Jan 04:00 PM
PremiumPremiumRetailBig-ticket items a no-go as consumer confidence fallsMore Kiwis now think it's a bad time to buy a major household item in bad news for retail.30 Jan 11:11 PM
PremiumPremiumPolitics'It's not going to work, mate': Seymour wants bank capital rules reversedThe Associate Finance Minister has revived a years-long debate about banking regulation.29 Jan 04:00 PM
New ZealandWestpac cleared after tellers help elderly widow withdraw $300,000 cash before deathIt’s alleged that staff once gave $23,000 stuffed into an envelope to the woman.27 Jan 04:00 PM
