
Legal fight over NZ bank fees on hold
A legal fight over bank fees has been put on hold to await the outcome of a similar court case 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.
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.
Out-of-court settlements may be cheaper, quicker and more certain than seeing a case through - but they can often feel like a cop-out.
Australia & New Zealand Banking Group says its New Zealand division performed strongly in the final three months of last year as cash profit slipped 0.2 per cent.
The head of the ANZ Championship accepts that the new conference model will be one of the ongoing discussion points of this year's competition, but is standing by the controversial change in format.
The economy was still on a roll as it started 2015, ANZ's Truckometer indicator suggests.
NZIER's monetary policy shadow board believes the Reserve Bank should leave the official cash rate on hold at 3.5 per cent tomorrow but that the next best option would be a cut.
The prospect of further rises in the Reserve Bank's official cash rate has disappeared over the horizon.
ANZ says business will continue as usual today, despite dozens of workers going on strike.
She was the coach behind New Zealand's only transtasman league win. Now she is the coach behind Northern Mystics mentor Debbie Fuller.
Consumers are feeling more cheerful going into the peak Christmas trading period, the ANZ-Roy Morgan consumer confidence survey has found.
A $6 billion drop in dairy farmers' incomes this season is a blow to the wider economy, no question, writes Brian Fallow. But it's not all bad.
Senior New Zealand public servants' and chief executives' total collective pay is at the lowest level in six years.
Australian banks should be forced to hold more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found.
Middle-aged home buyers face being locked out of the property market because banks are worried they are too old to pay off their mortgage before they retire.
ANZ has admitted misleading conduct over interest rate swaps and up to 178 farmers will now have to decide whether to accept their share of $18.5 million from the bank.