
ANZ pays out $19m to settle case
ANZ will pay $18.5m to some of its rural customers who complained about interest rate swaps after reaching a settling with the Commerce Commission.
ANZ will pay $18.5m to some of its rural customers who complained about interest rate swaps after reaching a settling with the Commerce Commission.
You don't need to walk far in Auckland to see that the face of the city has changed almost beyond recognition in recent decades.
The top financial institutions have held their positions on the Top 30 rankings for financial institutions.
Reserve Bank deputy governor Grant Spencer says the arrival of Asian banking giants is a watershed event that will boost competition and keep the dominant lenders "on their toes".
ANZ New Zealand chief executive David Hisco has enjoyed a solid pay rise, with his total remuneration lifting almost 15 per cent to $4.7 million.
Westpac NZ's record annual cash profit of $864m confirms a bumper year for the big banks. In fact, at $4.1b, that's almost $1000 for every man, woman and child in NZ.
ANZ New Zealand boosted annual earnings 17 per cent as the local unit of Australia & New Zealand Banking Group benefited from home loan lending growth and bedded down savings from the integration of the National Bank brand.
ANZ New Zealand's profit climbed $343 million in the past 12 months to a record $1.71 billion.
ANZ Bank union members will be walking off the job tomorrow, after a vote earlier this week to take strike action.
ANZ workers have announced a national strike over new employment agreements being offered to staff.
Almost a quarter of New Zealand executives think top-level managers' pay packets are out of kilter with reality, a survey suggests.
World prices for a basket of New Zealand's export commodities fell 1.3 per cent last month, with dairy products once more leading the decline.
Business confidence continued to slide last month, to its lowest levels since June 2012 in ANZ's Business Outlook survey.
ANZ staff in New Zealand are considering a national strike over the bank's attempts "casualise" its workforce, a union says.
In an effort to lower rates and weaken the currency, Labour is pledging to broaden the RBNZ's policy goal by re-writing its main objective.
Business confidence has dropped for the sixth month in a row in ANZ's Business Outlook survey.
ANZ's Truckometer recorded an increase in heavy traffic on roads last month.
Westpac New Zealand says it is gearing up to release a world first banking app that will allow customers to view their account details in 3D.
ANZ's commodity price index fell 2.4 per cent last month, led by a decline in dairy products and logs which make up more than half the trade-weighted basket.
KiwiSaver members should pay close attention to how much their providers are charging, a global research firm has warned.
Wheelchair users who can't get into a new bank branch in downtown Auckland say its inaccessible design makes New Zealand look like a "Third World" country.
House prices are up, home ownership is down. We all know the story, but what's really going on in real estate?
Consumer confidence has held up at historically high levels in this month's ANZ Roy Morgan survey.
A former banking boss breached duties owed to a consultancy firm he helped set up, profited at its expense, and is now liable to it for more than $1 million.