
Property investor borrowing falls $287m
New clamp-downs on residential property investors appear to be working.
New clamp-downs on residential property investors appear to be working.
It was the throngs of people in Mission Bay, hunched over their phones, that got to Kevin McDonald.
The Reserve Bank of New Zealand has extended for two weeks its deadline for feedback on a proposed new Dashboard approach for banks' financial disclosure.
Sluggish growth, political uncertainty and low interest rates remain risks to the global banking sector.
COMMENT: Having some of their money outside New Zealand is crucial for long-term investors, Mark Lister writes.
Heartland Bank has told investors that it remains interested in buying asset finance company UDC from ANZ Bank, describing it as an
BNZ has made a grab for the savers market offering a 4 per cent term deposit rate.
Westpac has apologised for sending an email to a customer containing the greeting "Hello Asian".
Rising employment, low inflation and a recovery in the dairy sector point to robust economic growth.
Quake-hit customers and businesses have been offered mortgage relief and access to savings.
Children as young as 12 are targeting contactless credit and debit cards in Rotorua.
ANZ has announced an assistance package for customers impacted by the 7.5 magnitude earthquake on Monday night.
Kiwis are losing millions a year to illegal investment scams that the Financial Markets Authority is trying to crack down on.
Customers of BNZ and Kiwibank may face delays in getting through to the lenders, with both banks' primary call-centres based in Wellington.
COMMENT: If Trump carries out his trade and defence threats, NZ would face the risk of slower global economic growth, higher interest rates and fewer capital flows.
What made that lemon especially bitter was telling the very satisfied teller that I was doing it so that the children could view their KiwiSaver balances online.
With an already impressive resume, My Food Bag co-founder Theresa Gattung is at work on a fresh new venture.
Stress tests show it would take an extraordinary series of events for New Zealand's banks to fail, Rob O'Neill reports.
New KiwiSaver provider Simplicity already has $50 million in assets and more than 2000 members, its managing director says.
Watch The Economy Hub: The cut to 1.75 per cent won't bring fixed term mortgage rates down.
The squeeze is being put on home loan borrowers as a second major bank lifts its fixed term mortgage rate.
The Financial Markets Authority has released a draft version of a guidance note encouraging KiwiSaver providers to give advice.
Almost two-thirds of Aucklanders who don't own their own homes plan to buy their first homes outside the city.
Westpac's full-year annual profit fell 7 per cent or A$567 million which the bank blamed on "a number of significant infrequent items".
Competition in the low interest rate credit card market is heating up with a major bank launching a no fee card and a new entrant
Home loan borrowers look set to face higher fixed-term mortgage rates despite a predicted cut to the official cash rate this week.
A Westpac bank teller has failed in a bid to keep her name secret after being charged with stealing nearly $12,000 from client accounts.
A Kiwi couple who fell victim to the fraud of their UK bank account is to get a full refund, after the Herald on Sunday went into bat for them.
For the second year running, ANZ has been named the supreme winner of the YWCA Equal Pay Awards.
CEO warns there could be more hits to come as the business looks to further restructuring.