Latest from Banking and finance
NZ’s largest taxpayers revealed - does big business play fair?
Thirteen companies each pay more than $100m in annual income taxes.
Watercare secures $3.4b debt facility, largest for NZ corporate
Securing the bank debt marks Watercare's financial independence.
Major banks halt over-counter deposits into others' accounts
ANZ stopped accepting deposits into others' accounts last year.
Final big bank drops home loan rates after OCR cut
Westpac announced changes to its six-month and one-year rates today.
ASB offers $150,000 interest-free loans for farm solar systems
Farmers could expect to get payback from as early as the sixth year of generation.
New, never-lived-in Auckland apartment project up for mortgagee sale
WFT Finance brought in a subcontractor to finish the apartments before calling Colliers.
Tech Insider: Wellington man gets shock $16k bill after using a Google AI-ready tool
PLUS: Some good news for fintechs in the open banking war.
'No recovery yet': Auckland apartment market flounders
Build-to-rent was boosted by a new project, a trend noted in the latest research.
NZ's top finance professionals: Deals of the year revealed
Who won what and why? The big winners at the Infinz Awards.
ANZ NZ's first-half profit edges up to $1.16 billion
Chief executive Antonia Watson says the flat result reflects the state of the economy.
NZ banks face repaying $9.2b in cheap Covid loans in coming months
The money was borrowed during Covid times at a very low interest rate.
BNZ preserves margins on flat half-year
BusinessDesk: BNZ outranks its Australian cousins for customer preference.
Govt warned it'll be lumped with bigger bill than insurers if disaster strikes
Insurers pass Reserve Bank stress test, but it worries about the Government's finances.
'Decades of experience' – Craig Heatley company, Hoppers plan $220m marina
A forecast 140 jobs are to be created over 30 years if plans are allowed to proceed.
Floating rate fad helps Westpac's profit grow 10%
Bank reports $525 million profit in six months.
AI could make crashes worse, amplify herd behaviour: Reserve Bank
One expert says the report doesn't go far enough, another says it overplays the risks.
Sasha Borissenko: Banking on blame - scam reforms too little, too late
OPINION: NZ's scam prevention lags behind global standards - here's why.
Diana Clement: Simple steps to cut banking costs and save big
OPINION: Banks earn billions while Kiwis pay avoidable fees and interest.
‘State-house boy from Naenae’ to property magnate: Sir Bob Jones' colourful, controversial life
He didn’t suffer fools, loved boxing, smoked a pipe and liked to buy buildings on corners.