ASB has followed the lead of ANZ and Kiwibank and slashed its fixed mortgage rates.

Westpac could join a mortgage-rate battle after Kiwibank and ANZ slashed their home loan rates.

ANZ and KiwiBank have cut their mortgage rates as speculation grows the Reserve Bank will cut the OCR.

The last GlobalDairyTrade auction for the season is tomorrow and dairy analysts say indications are that prices may be about to bottom out.

A second banking chief has denied Auckland has a housing bubble, saying many factors were combining to drive prices up including the city's sheer desirability.

The dollar may decline this week as economists bet the Reserve Bank will start cutting interest rates as early as next month.

KiwiSaver providers are struggling to move savers out of the default funds despite a requirement by the Government to give people more information on their choices.

ANZ Bank New Zealand, the country's biggest lender, was the most aggressive in pitching interest rate swaps to farmers, the Commerce Commission says.

BNZ cash earnings have risen 4.5 per cent in the six months ended March 31 to $418 million as growth in housing and business lending, and lower funding costs, drove up net interest income.

The rise of online shopping, discount-obsessed consumers - when it comes to trading challenges listed retailers have their fair share. And there's a new one appearing on the horizon. Through a rule....

KiwiSaver assets have seen "phenomenal growth" in the past three months, increasing by $1.8 billion.

Profits were squeezed in New Zealand's banking sector during the final quarter of last year as non-interest income decreased and impaired asset expenses rose.

The lawyer heading a legal fight against New Zealand's major banks over fees says he won't be throwing in the towel despite a ruling in favour of the ANZ in Australia.

ANZ's Truckometer is signalling some slowdown in the pace of growth in the first three months of the year.

The lawyer heading up a legal fight against NZ's major banks over fees says he won't be throwing the towel in despite a ruling in favour of ANZ in Australia.

A legal fight over bank fees has been put on hold to await the outcome of a similar court case in Australia.

The monetary policy shadow board's advice to Reserve Bank governor Graeme Wheeler is unchanged from six weeks ago - keep the official cash rate on hold at 3.5 per cent, with a cut the next best....

China's decision to lower its annual GDP growth target to around 7 per cent should not have a significant impact on demand for New Zealand commodities, HSBC's chief economist for Australia and New....

Higher dairy prices pushed ANZ's commodity price index up 1.8 per cent last month.

Business confidence has strengthened in ANZ's first survey of the year.

It has been a big week for the sharemarket as the reporting season continues and stocks make big price moves.

Home loans became more affordable last month, with the typical home buyer saving $30 per week on mortgage repayments compared to December.

New Zealand's banks had a bumper 2014, with home loan demand amid a booming property market helping to boost their combined profit by more than 20 per cent to a record $4.8 billion.

A vibrant 'GAYTM' on Ponsonby Road has been struck by vandals overnight, with the ANZ machine covered in white paint.

Consumer confidence has dipped this month, the ANZ-Roy Morgan survey found, though it remains higher than for most of the post-recession period.

A probe into how three banks marketed interest rate swaps to farmers will see up to $24.2 million go back to rural customers and their communities, with Westpac following ANZ and ASB and settling with the Commerce Commission.