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Banking and finance news
‘Rip-off’: App developer and Consumer say fees will stifle open banking
Government, banks respond.
ANZ NZ's first-half profit edges up to $1.16 billion
Chief executive Antonia Watson says the flat result reflects the state of the economy.
Sasha Borissenko: Banking on blame - scam reforms too little, too late
OPINION: NZ's scam prevention lags behind global standards - here's why.
Diana Clement: Simple steps to cut banking costs and save big
OPINION: Banks earn billions while Kiwis pay avoidable fees and interest.
‘State-house boy from Naenae’ to property magnate: Sir Bob Jones' colourful, controversial life
He didn’t suffer fools, loved boxing, smoked a pipe and liked to buy buildings on corners.
ASB and POLi strike deal - is the Govt's competition push working?
Deal marks a step towards open banking gaining scale.
Tech Insider: Blackbird partner says Govt made mistake giving up on $300m Elevate fund
PLUS: Blackbird gears up for $1 billion raise.
The offspring: How heirs to Kiwi family fortunes earn their keep
Meet the heirs of New Zealand's wealthiest families.
On The Up: Atomic set to blast into Australia, UK, fuelled by Rod Drury
Start-up has already signed up big names in NZ - and is now looking to the UK.
Nadine Higgins: Deposit rates tumbling – where do I put my savings now?
OPINION: Term deposit rates have fallen from 6% last year to about 4.3% now.
'Couldn't get his story straight': Playboy businessman's fall from grace
Prosecutors claim New Zealand victims bankrolled private jet and a Spanish football club.
US Treasury bonds are being sold off. Here’s why it’s concerning
A new, unsettling red flag.
Law change could quash 150,000-person strong class action against ANZ and ASB
Bank customers could miss out on hundreds of millions in compensation.
$6.6t rout: US stocks plunge for second day as China retaliates, Fed issues inflation warning
The US$6.6t two-day rout is only rivalled by 2020's pandemic meltdown and the GFC
Fraud convictions see lawyer struck off
Law Society action follows guilty plea to mortgage fraud charges.
Borrow-against-your-provisional-tax firm Taxi wins law change, reveals numbers
The small business-focused start-up bags its first two corporate clients.
Housing glut: Auckland’s biggest agency has record unsold stock
Some Auckland vendors had begun to expect higher prices, REINZ said of February data.
Failed buy-now-pay-later operator Laybuy relaunches under new owner
Laybuy went into receivership last year.
Billions sitting idle: Should banks be more proactive to help us earn interest?
A closer look at which banks prompt customers to get more bang for this buck.