New ZealandMajor banks cut mortgage rates after Reserve Bank slashes OCR to 2.25%The Reserve Bank's Official Cash Rate now sits at 2.25% after a 25-point reduction.26 Nov 04:21 AM
PremiumPremiumSustainable business & financeGreen finance meets 'woke banking' debateThe ‘woke banking’ bill review is due before Parliament on November 21.18 Nov 11:00 PM
PremiumPremiumBanking and financeANZ NZ chairman tops NZ board pay list at $782,000Bank reporting shows ANZ NZ and BNZ chairs are the best-paid, including parent co-roles.13 Nov 08:00 PM
BusinessConsumers spending more – but only justNew card spending data shows that signs of recovery are yet to include consumer spending.12 Nov 11:03 PM
Banking and financeANZ NZ CEO gets bonus while Australian execs dockedFormer ANZ Group CEO Shayne Elliot was docked entitlements worth $15.63 million.10 Nov 05:46 AM
Banking and financeANZ's profit up 21% to record $2.5 billionThe bank puts the jump down to its risk management, rather than it growing its lending.09 Nov 10:06 PM
PremiumPremiumNew Zealand'I get paid a lot of money': Banker's $2m salary doubles over yearThe chief executive of Westpac's salary is 55 times the average Kiwi's. 05 Nov 03:57 AM
PremiumPremiumAnalysisLiam DannLiam Dann: ‘The worst is behind’ – Why economists see signs of turning point despite ugly job statsANALYSIS: Economists say the latest labour market data won't worry the Reserve Bank.05 Nov 02:22 AM
BusinessLocking in your mortgage: Is now the time to fix for 5% or less?Westpac and BNZ now offer five-year fixes at 4.99%, last seen in 2021.02 Nov 02:40 AM
Business'Green shoots are emerging' – business confidence jumps to eight-month highANZ's Business Outlook suggests the economic recovery may have resumed in October.30 Oct 03:00 AM
New ZealandNZ sites down amid global Microsoft outageAir New Zealand is warning flight check-ins and boardings could be delayed.29 Oct 07:48 PM
New ZealandANZ mobile app, internet banking stops working: Issues persist for customersBy 4.50pm today, more than 8000 reports of issues with ANZ banking had been lodged.29 Oct 02:56 AM
New ZealandBank introduces lowest advertised mortgage rate on the marketThe move puts it ahead of its competitors, which are offering one-year rates of 4.49%. 28 Oct 04:00 PM
PremiumPremiumPersonal FinanceKiwiSaver hits milestone moment — which are the top performing funds now?One KiwiSaver provider had an especially strong September quarter.22 Oct 11:00 PM
New ZealandBank cuts fixed-term mortgage rate with now-lowest 18-month dealIt comes a week and a half after the Reserve Bank cut the OCR down to 2.5%. 20 Oct 05:29 AM
PremiumPremiumBusinessFintechs cheer open banking breakthrough - but key move still hangs in the balanceA good start, but less than halfway there.19 Oct 06:00 PM
PremiumPremiumInflationBad news for the Reserve Bank as inflation tipped to top 3%Stats CPI data key for next interest rate call.19 Oct 04:00 PM
New ZealandTwo more banks drop home loan rates after OCR cutKiwibank and BNZ have followed moves by other retail banks yesterday.08 Oct 09:59 PM
BusinessBanks rush to cut mortgage rates after big OCR dropIt follows a string of pre-emptive cuts by banks to fixed-term rates last week.08 Oct 03:47 AM
PremiumPremiumBanking and financeBanks and Armourguard clash over future of NZ cash servicesBanks want Commerce Commission approval to jointly renegotiate terms.07 Oct 08:00 PM
BusinessASB reaches $135.6m settlement in class action dispute, ANZ fights onThe settlement concludes four years of court action against ASB.06 Oct 08:48 PM
BusinessBNZ cuts mortgage rates to match rivals ahead of OCR announcement All major banks have been cutting their home loan rates ahead of tomorrow's OCR decision.06 Oct 08:44 PM
PremiumPremiumBusinessEconomists divided on extent of OCR rate cut this weekThe Reserve Bank is expected to cut the Official Cash Rate on Wednesday.05 Oct 04:00 PM
New ZealandTwo more banks drop fixed mortgage rates to 4.49% ahead of OCR moveWestpac and ASB join ANZ and BNZ in cutting their one-year rates. 03 Oct 01:43 AM
BusinessWestpac cuts home loan rates, one-year special falls to 4.49%The bank’s five-year special rate is also cut, now sitting at 4.99%.02 Oct 06:25 AM
New ZealandAnother bank drops fixed home loan rate below 4.5% ahead of OCR decisionANZ's rate drop comes a day after BNZ cut its fixed home loan rates. 01 Oct 05:05 AM
PremiumPremiumBusinessSecond-quarter GDP shocker dealt a blow to September business confidence - ANZ Businesses that responded to the ANZ Outlook survey after the GDP result were gloomier. 30 Sep 03:45 AM
Kahu‘We need someone to believe in us’: Scheme tackles Māori home ownership barriersIf trends continue, almost all Māori could be renters by 2061, an ANZ report warns. 25 Sep 08:39 PM
PremiumPremiumOpinionLiam DannLiam Dann: New Governor, new era but don't expect big changes to interest rate outlookNZ's first female Reserve Bank Governor, Anna Breman, brings a formidable CV to the role.24 Sep 04:10 AM
PremiumPremiumGDPRate cut looms: Markets predict 40% chance of big drop in OCR in OctoberThe interest rate markets are raising the odds of a 50-basis-point rate cut next month. 19 Sep 05:06 AM
PremiumPremiumAucklandBanking watchdog releases ruling after ANZ staff helped customer send $250k to scammersThe victim claimed ANZ was negligent.15 Sep 09:00 PM
Banking and financeANZ agrees to record A$240m fine for widespread misconduct in AustraliaRegulator says ANZ has betrayed the trust of Australians.14 Sep 11:42 PM
PremiumPremiumEconomyJune quarter GDP seen as turning point after signs of strength fade awayData out this week is set to show the New Zealand economy stalled in the June quarter. 14 Sep 05:01 PM