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Kiwibank, HSBC warned about mortgage fees
The Commerce Commission has warned Kiwibank and HSBC about the formulas the two banks used to use to work out mortgage break fees.

<i>Bernard Hickey: </i>Tightening without hiking the OCR
The Reserve Bank has slightly opened its forecast window for the first rate hike by a month or two in this morning's statement.

Goldman Sachs exec declares 'I did not mislead'
Top Goldman Sachs officials have defended their conduct in the financial crisis.

House mortgage market drying up
The number of people who received mortgages in the first quarter of this year was 30 per cent down on 2009.

Experts: Banks more willing to lend on mortgages
Would-be housebuyers struggling to scrape together a deposit have a glimmer of hope, as banks appear to be loosening the purse strings.

<i>Mary Holm</i>: Fed up with landlord tantrums
Mary Holm's financial advice column features an accountant who's fed up with complaining landlords.

Allied investors in the rough
Shareholders in rural services company Allied Farmers stand to lose out over an estimated $24 million mortgage on the Jack Nicklaus-designed Kinloch Golf Club near Lake Taupo.