Banking and financeWestpac chief takes pay cut - earns just $3.16mWestpac's New Zealand boss earned more than $3 million in 2013 despite taking a pay cut.13 Nov 04:07 AM
Banking and financeKiwibank next in bank fees lawsuitGovernment-owned Kiwibank is next in the gun for the group targeting banks in a lawsuit alleging they're charging unfair fees.13 Nov 12:00 AM
BDBDBanking and financeToo soon to see LVR impact - WheelerThe Reserve Bank says it's too early to draw conclusions on the impact of its restrictions on low equity home loans - although it may have 'tweaked' behaviour.12 Nov 08:15 PM
Banking and financeBNZ boss makes $400k from share saleBNZ boss Andrew Thorburn has made more than $400,000 from selling shares in the bank's parent company National Australia Bank (NAB).12 Nov 06:20 PM
BDBDBanking and financeProperty prices up in OctoberNZ's median house price rose 1.9 per cent to a record in October, although sale volumes were dented as Reserve Bank lending restrictions began to bite.11 Nov 10:30 PM
Banking and financeWestpac cuts two year fixed rateWestpac is cutting its two year fixed rate to match that of rival ASB.11 Nov 04:50 AM
Banking and financeHome lending falls as new rules biteThe total value of home loans approved dropped below $1 billion in the last week of October - the first time since July.11 Nov 12:46 AM
Banking and financeBig banks get $3.5b profitNew Zealand's big four banks collectively made more than $3.5 billion of profit in the last year in another record year for the sector.05 Nov 04:30 PM
Banking and financeBig banks' record profitsNew Zealand's big four banks collectively made more than $3.5 billion in the last year in another record year for the sector.05 Nov 04:24 AM
Banking and financeAuckland house prices hit all-time highAuckland house prices hit an all-time high, Barfoot & Thompson data just out showed, despite Reserve Bank lending restrictions.04 Nov 09:44 PM
Banking and financeWestpac cuts high-risk loansWestpac chief executive Peter Clare says the bank's rivals have been left with a "hangover" after pushing forward with mortgage pre-approvals.04 Nov 04:30 PM
Banking and financeHome buyers pick price riseThe Reserve Bank's restrictions on low-deposit mortgage lending have yet to dent expectations that house prices will rise.04 Nov 04:30 PM
Banking and financeBig Aussie banks rack up $31b in profitsThe big four Australian banks made more than A$27 billion (NZT $31b) in profits in the past year, making Australasia's banking sector one of the world's most successful.04 Nov 05:07 AM
Banking and financeInvestors hurt by GFC hangoverFive years after the global financial crisis, risk aversion remains a dominant feature of the financial markets.03 Nov 04:30 PM