Latest from Banking and finance
Loyalty links up to new payment card
The idea behind technology startup Eftplus was born out of frustration that's only experienced by an addict who's been denied their "fix".
Bank buys into ERoad
The Commonwealth Bank of Australia has taken a substantial shareholding in ERoad, two months after the logistics and fleet management company floated on the NZX.
SCF probe blasted as incompetent
The Serious Fraud Office has been castigated by one of its former bosses for its "inept" investigation in the South Canterbury Finance case.
Property investors facing rate risk
The housing market nationwide is delivering about the rate of capital gain an investor would need to justify buying an average house, says Westpac chief economist Dominick Stephens.
Fraud office defends difficult prosecution
The Serious Fraud Office is defending its decision to bring charges against three former South Canterbury Finance heads after two of the trio were acquitted yesterday.
SCF director's angry exit
A former director of South Canterbury Finance found guilty of making false statements couldn't hide his anger at the verdict as he left a Timaru courtroom today.
Hamish Fletcher: SCF verdict a huge loss for Serious Fraud Office
It was labelled the biggest fraud case in NZ’s history but has ended up the biggest courtroom loss for the Serious Fraud Office in a finance company trial so far.
Andrew King: Here's how Gen Y can buy a home
Andrew King writes: A recent report showed that Generation Y - those under 28 - were increasingly becoming property orphans and spending their money on travel and shopping.
Kiwis vague on risky money options
New Zealanders have a solid understanding of low risk investments such as term deposits, but are less knowledgeable about more risky options like shares, according to research commissioned by the....
Auckland bucks house price trend
The pace of property price increases has eased nationwide, as higher interest rates and lending restrictions take effect. Everywhere, that is, except Auckland.
Verdict in SCF's $1.6b fraud trial due
The fate of three businessmen accused of masterminding the "biggest fraud in New Zealand's history" will be determined tomorrow morning.
Learn to be savvy about finances
Common beliefs are that women are the big spenders and men are the earners. But money coach Liz Koh says it can be quite the opposite.
ANZ workers to strike tomorrow
ANZ Bank union members will be walking off the job tomorrow, after a vote earlier this week to take strike action.
Stoush over co-op name
A brand stoush between the New Zealand Association of Credit Unions and a bank is a "fight for all co-operatives", says the industry body's chief executive.
'Co-op' court stoush begins
The Co-op Bank is in court this morning trying to stop the NZ Association of Credit Unions changing its name to Co-op Money.
High noon for the repo men
Debt collectors and repo men need to clean up their act says the Commerce Commission, which next year gets new powers to directly crack down on shoddy practices.
Bitcoin value cut in half
In the past three months, the price of the cryptocurrency bitcoin has fallen from about US$630 per bitcoin to $320 per bitcoin.