The Guardians of New Zealand Superannuation has suspended the Fund’s mandate with Milford Asset Management until an FMA investigation is completed.

The New Zealand dollar continues its almost daily flirtation with Aussie dollar parity, reaching another record high on the cross rate as expectations began to mount that the Reserve Bank of Australia would soon cut its official interest rate for the seco

An "inveterate fraudster" who scammed more than $200,000, including from a top judge, conned bank call centre staff into giving him access to internet bank accounts.

NZ's first mobile wallet has been launched by technology company Semble in collaboration with national mobile operators and banks.

The Government has yet to decide whether to join a multilateral bank to finance infrastructure in Asia, an initiative led by China but opposed by the US.

CBL Insurance appears to be forging ahead with its sharemarket listing plans, with talk of a potential float raising as much as $120 million and valuing the company at $300 million to $400....

The trade deficit widened to $2.2 billion in the year ended February, the biggest it has been since August 2009.

Consumer confidence has strengthened over the past three months, the Westpac McDermott Miller survey found, thanks to a rebound in rural New Zealand.

Thousands of BNZ customers are set to lose the ability to earn airpoints on credit card transactions, though the bank is offering a new cash-back incentive.

Air New Zealand is dropping BNZ in place of Westpac as its official Airpoints partner.

Janet Yellen wants to be less predictable, if only a little.

Westpac is facing a claim that it made misrepresentations to get a long-standing commercial customer to buy interest rate swaps that lost it $3 million.

A resurgence in property prices means LVR "speed limits" are likely to stay in place, Standard & Poor's says in a report that predicts banks will continue to post strong earnings growth....