Latest from Banking and finance

Analysts see yuan rout over as China bumps up rate
Firms from Goldman Sachs to Commonwealth Bank of Australia are predicting the record yuan rout engineered by China's central bank has run its course.

PIN scam victim loses $6000
A woman has lost $6000 when she was tricked into disclosing her eftpos PIN number by a scammer.

SCF accused lose bid for documents
Three South Canterbury Finance principals accused of dishonest conduct have been denied access to invoices and correspondence.

More house hikes expected
Expectations that house prices have further to rise remain high in ASB's quarterly survey of housing market sentiment.

LVR rules may go by the end of the year
The Reserve Bank's curbs on bank lending to low deposit borrowers could be removed by the end of the year.

Regulator seeks more farmers for swaps case
The Commerce Commission says farmers concerned about their interest rate swaps have until the end of the month to contact the regulator otherwise they may miss out on future compensation claims.

BNZ boss ready for Oz job
Outgoing BNZ boss Andrew Thorburn won't be cutting all his ties with New Zealand when he crosses the Tasman to start a new role as chief executive of parent company National Australia Bank in August.

RBNZ may intervene to sell currency - Wheeler
The kiwi dollar dropped half a cent after the Reserve Bank governor said the bank may sell the currency should it remain high while export prices weaken.

Kiwi architects make mark in Oz
New Zealand architects, including Auckland's much-awarded Andrew Patterson, have been critical of Australian practices winning big jobs here.

Westpac post record half-year
An improving economy and a massive reduction in bad loans helped Westpac New Zealand post a record half-year profit.

Record half-year for ANZ
ANZ New Zealand says an improving economy and its ditching of the National Bank in favour of a single retail brand helped it achieve a 27 per cent lift in half-year cash profit to a record $887 million.

Record profit for ANZ
ANZ New Zealand has posted a $887 million first-half cash profit - a 27 per cent gain from a year earlier.