Latest fromANZ Banking Group
BNZ, Kiwibank follow the trend, cutting interest rates
BNZ and Kiwibank have joined the other banks and cut mortgage rates.
NZ dollar treading water until OCR review
The New Zealand dollar will probably hold around 75 US cents until next Thursday as traders wait for the Reserve Bank to say whether it will cut the OCR.
ANZ, National banks cut mortgage rates
Sister banks ANZ and National have cut mortgage interest rates.
Kiwi dollar may fall as Christchurch earthquake costs become known
The New Zealand dollar may extend its losses this week as the cost of the Christchurch earthquake becomes clearer.
ANZ says shift to single IT platform and restructure to cost $220m
ANZ New Zealand says its plans to put the ANZ and National Banks onto one IT platform and restructure management by laying off 45 staff and establishing a new structure will cost it a total of $220m.
NZ dollar near 6-month TWI low on quake and Libya
The New Zealand dollar has fallen to a near six-month low on a trade-weighted basis.
Tourism Holdings resolves banking covenants issue
Tourism Holdings says it has resolved a banking covenants breach issue with its banks.
Christchurch earthquake: How to donate
Several appeals have been launched to help Cantabrians following today's devastating earthquake. ANZ launched an appeal and announced it would make the first donation, $1 million.
Banks recover from 2009 rout but lending slow, says report
Lending to customers at New Zealand's banks grew by a meagre 0.7 per cent in the second half of their financial year, a new report shows.
The $47 billion rural hangover
Think it's all good down on the farm? Think again. Property values are plunging, and the crisis could yet hit the cities too, reports Karyn Scherer.
Tourism Holdings to miss profit target, breach covenants
Tourism Holdings said it won't meet full-year profit guidance because forward bookings have been hit by the spate of floods and storms in Australia and softening tourism demand locally and in the UK.