Latest from Banking and finance
New bill sets out to streamline law on financial reporting
If National, Labour and the Greens all agree on a bill, you know it's going to be a big one.
Sean Hughes steps down from FMA
New Zealand's leading financial regulator has announced he his stepping down.
Stephen Drain: Latest financial rules throw obstacles in criminals' way
Companies whose activities fall within the Anti-Money Laundering and Countering Financing of Terrorism Act have been given their marching orders.
Home loan? There's an app for that
Kiwi house buyers can now get a mortgage on their cellphones - a first for New Zealand and Australia.
Bank out to double in size
The Co-operative Bank has launched a bid to double its customer base and grab a bigger slice of the Auckland market 18 months after rebranding from PSIS.
Ross family paintings sold for $199k
David Ross appeared briefly in the Wellington District Court this morning, where hearings were adjourned to August 22.
Kiwi dollar tipped to rise versus aussie
The kiwi is expected to appreciate further against the Australian after the cross rate hit a near five-year high this week.
Auckland house prices stable in June
Auckland house prices edged up for a second month in June in the face of fewer listings and intense demand among property buyers, according to Barfoot & Thompson.
Marshall Meyer: China needs shot of Capitalism 101
We still don't know whether the freeze-up of China's interbank market last week was a hiccup or a foreshock.
'Sorry' BNZ repays $4m
The Bank of New Zealand has refunded $4 million to 90,000 customers.
Lombard men to appeal
The Court of Appeal today imposed harsher sentences on all four directors of Lombard Finance, but they will appeal that outcome.
Lombard men get home detention
The Court of Appeal has sentenced all four former directors of Lombard Finance to home detention, having accepted the initial sentences were 'manifestly inadequate'
Moody's rates Australian economy an upbeat AAA
Moody's Investors Service has given the Australian economy an upbeat assessment and says its currency's rating remains stable.
Hotchin trustee claim thrown out
Mark Hotchin's attempt to join two trustee companies to the FMA's civil case against him and make them contribute to any potential damages is dismissed.