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Banking and finance news
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.
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.
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.
ASB and POLi strike deal - is the Govt's competition push working?
Deal marks a step towards open banking gaining scale.
The offspring: How heirs to Kiwi family fortunes earn their keep
Meet the heirs of New Zealand's wealthiest families.
On The Up: Atomic set to blast into Australia, UK, fuelled by Rod Drury
Start-up has already signed up big names in NZ - and is now looking to the UK.
Game on: NZ Cricket's bold deal to transform the Black Caps' future
A New Zealand Cricket-backed T20 franchise could be based in Toronto or Atlanta.
'Political interference': Concerns over RBNZ's capital rules review
Conflict zone: NZ's independent central bank and the Finance Minister's agenda.
BNZ fixed loan rate falls to 4.95% as major banks trim mortgage rates
Special rates are being offered under 5% after the OCR dropped 25 basis points.
Nadine Higgins: Deposit rates tumbling – where do I put my savings now?
OPINION: Term deposit rates have fallen from 6% last year to about 4.3% now.
'Couldn't get his story straight': Playboy businessman's fall from grace
Prosecutors claim New Zealand victims bankrolled private jet and a Spanish football club.
US Treasury bonds are being sold off. Here’s why it’s concerning
A new, unsettling red flag.
Law change could quash 150,000-person strong class action against ANZ and ASB
Bank customers could miss out on hundreds of millions in compensation.
$6.6t rout: US stocks plunge for second day as China retaliates, Fed issues inflation warning
The US$6.6t two-day rout is only rivalled by 2020's pandemic meltdown and the GFC