
Deadline in rate swap cases moves to mid-year
The Commerce Commission has deferred its call on whether to lay proceedings against three banks involved in its interest rate swaps investigation as it is assessing new information in the cases.
The Commerce Commission has deferred its call on whether to lay proceedings against three banks involved in its interest rate swaps investigation as it is assessing new information in the cases.
Australian business groups are urging the Reserve Bank to exercise caution before considering raising interest rates, given improving signs in the economy are not yet widespread.
Around a dozen companies have indicated interest in setting up crowd-funding as new rules come into force making it easier for businesses to raise capital.
The New Zealand dollar is overvalued by between 5 and 15 per cent, the International Monetary Fund reckons.
Kiwibank customers have until tonight to sign up to class-action style litigation over allegedly "unfair penalty" fees.
Watch closely. We are about to find out if we have learned anything from the financial crisis, writes Liam Dann.
Commerce Minister Craig Foss has beefed up the number of KiwiSaver default providers that members are automatically enrolled into when they sign up.
Secure safes at teller stations to increase security, a new intelligent ATM and a "live wall" of 15 55-inch television screens showing a digital panorama for waiting customers are some of the features of the ANZ's biggest branch makeover.
A former chief executive of Bluechip and director Viaduct Capital Nick Wevers has died and criminal charges filed against him have now been withdrawn.