What the latest lockdown could cost NZ economy
Sacrifice being concentrated in a few key areas.
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Latest from Banking and finance
Lewis Rd Creamery owner to get loan discounts for hitting environmental farming targets
The BNZ loan is the first to provide financial incentives to a farming business.
Bank offers 1.75 per cent deposit rate, but there's a catch
Savers have to lock their money in for a long time to get the higher rate.
No slowdown in home loan applications yet, says Kiwibank boss
Investors still on the hunt for property.
Kiwibank plans to close seven branches
Kiwibank made the announcement while releasing an improved half year result.
Liam Dann: RBNZ pushes back on celebrating recovery too soon
The RBNZ is waging a battle with bullish markets over recovery expectations.
NZ bank profits fell 28 per cent in 2020, to $4 billion
Impaired asset expenses rose sharply across the banks.
Liam Dann: Ratings upgrade a big tick for NZ, but what will it mean?
While NZ's ratings upgrade is definitely good news, the immediate impact may be muted.
Heartland lifts first-half profit by 10.6%
Full year guidance expected at upper end of range.
Liam Dann: What snap lockdown means for interest rates
This lockdown hasn't shifted economic forecasts but that doesn't mean it has no influence.
ASB backs down on lending clamp-down for new builds
The bank will now lend to investors wanting to do new builds who have low equity.
Banks closing up shop in isolated district
Combined Kiwibank/Post Shop could be the only in-person banking left in Wairoa by winter.
Major bank clamps down on new-build lending to investors
Banks are also taking a divergent approach on pre-approvals.
Three major banks shut branches across Auckland
Which banks have branches open in Auckland under alert level 3?
Billionaire 'art-smuggler' refused NZ entry yet his yacht is here
Banker Jaime Botin tried to join yacht in Auckland on which he earlier smuggled a Picasso.
ANZ credit card insurance breaches go back decades - court told
"It took time to chase rabbits down holes and identify what had gone wrong."
ASB half year profit down 1pc to $614 million
ASB has released its half year result.
Money Talks: Why economists get it wrong more often than right
ANZ economist Sharon Zollner shares thoughts on money, debt and the price of lollies.
Christopher Niesche: Ongoing success of the neobank in doubt
Neobanks play the all-important role of keeping Australia's big banks on their toes.
Liam Dann: Why economists got unemployment so wrong
It's been a tough year for economists - at least they've been wrong for the right reasons.
Regulator gives market manipulation warning amid rise in investor activism
FMA CEO Rob Everett says the rise in investor activism looks here to stay.
More child abuse image charges laid against Sir Ron Brierley
The businessman appeared in court today.
Liam Dann: Why good jobs data could point to higher interest rates
Strong numbers tomorrow may raise more alarm bells than weak data, economists say.
Sir John Key on when he thinks NZ's borders will open again
Sir John Key speaks to the Herald about the borders, airlines and international travel.
BNZ appoints new chief economist
Paul Conway previously worked for the Productivity Commission.
Why banks aren't taking advantage of cheap money
Just $1.04 billion has been lent through the programme.
Ka-ching: Nearly half a billion in fees paid to bankers
Bumper year for investment bankers - who made the most money?
Reserve Bank says it now knows scope of data theft
"I am disappointed and sorry this data theft has occurred," Governor says.
Mortgage wars: All major banks now offering this super low fixed rate
BNZ and ASB have fallen into line and matched Westpac and ANZ.
How badly Deutsche Bank was burnt by Trump
As Trump prepares to return to the corporate world, he's lost an important backer.
ANZ drops forecast for negative OCR
New Zealand's largest bank expects only marginal drop in cash rate this year.
ASB fearing 'anaemic' growth in 2021
Bank warns if business investment doesn't rise, recovery may slow.
Broking firm fined $200,000 for 'blatant' breaches
NZ's financial watchdog started to crack down on misuse of the FSPR in 2017.
Diana Clement: How to financially prepare for 2021
After 2020, we should prepare for curve balls, having savings, and taking out insurance.