Banking and financeASB punts on Fonterra sticking with $4.25 milk priceASB Bank is punting on Fonterra leaving its 2016/7 farmgate milk price forecast unchanged at $4.25 a kg of milk solids.29 Jul 03:35 AM
Banking and financeHow much are NZ's big banks making?NZ's banks have shrugged off global market turmoil and depressed dairy sector to make a net profit of $1.2 billion in the first three months of this year.26 Jul 05:00 PM
Banking and financeRate cut signal dents for NZ dollarThe Reserve Bank driven the exchange rate down after it signalled a likely cut in the cash rate next month and raised possibility of further reduction.21 Jul 08:25 PM
Banking and financeANZ fights farmers' swaps court claimANZ faces three separate High Court claims from farmers who bought controversial financial products from the country's largest bank.06 Jul 07:00 PM
Banking and financeASB considers outsourcing cash handlingThe cash management roles would be outsourced to Armourguard.30 Jun 02:21 AM
Banking and financeBanks shut out foreign buyersTwo of our biggest banks will no longer lend to overseas-based buyers of New Zealand property.09 Jun 09:45 PM
Banking and financeFirst glimpse of new cultural iconIs it a giant diamond, perhaps an icicle, maybe a lighthouse, lantern or even a huge ice block?22 Mar 12:12 AM
New ZealandAnonymous donor boosts campaignToy ambulance campaign raised enough for one new ambulance - then mystery donor stepped up.08 Mar 04:30 PM
Banking and financeKiwiSaver: Should you move it to bank?For many people having their KiwiSaver account with the same business that has their mortgage, savings and credit cards seems like an easy solution.22 Feb 11:00 PM
Banking and financeNZ economy has ground to a haltWeak dairy prices and a construction slow-down to blame.15 Feb 06:05 PM
Banking and financeCredit risk fears hit Aussie banksASB says it's solid but still on alert as Australian banks take a hammering.10 Feb 08:07 PM
Banking and financeCredit concern could lift mortgage rates - expertMortgage rates for Kiwis could go up amid global concern about credit risk.09 Feb 10:38 PM
Banking and financeCaution needed for KiwiSaver calculatorsSavers should be aware of the assumptions used by online calculators that show what could be in their KiwiSaver account by retirement age.31 Jan 06:18 PM
Banking and financeASB named NZ bank of the yearASB Bank received the New Zealand Bank of the Year award last night at the International Bank of the Year awards held in London.02 Dec 09:30 PM
Banking and financeBusiness Insider: Top banker not as key as you might thinkASB's Barbara Chapman alone in not having her pay details revealed.27 Nov 07:00 PM
Banking and financeHoldout farmers refuse bank payout dealA handful of farmers are refusing to settle or take a payout from the big banks that sold them controversial 'interest rate swaps'.07 Oct 06:15 PM
Banking and financeRun your way to cheaper mortgageFor many Kiwis, paying off a mortgage is a marathon effort - but on November 1, 10 lucky Auckland Marathon runners will have the chance to run down their rate13 Sep 05:00 PM
Banking and financeKiwibank cuts mortgage rates againState-owned bank now offering six-month rates of 5.19 per cent - and 4.59 per cent for a two-year term.10 Sep 11:00 PM
Banking and financeTop 5 banks still in the moneyNZ's five biggest banks continued to show strong earnings growth, but questions are being raised about whether this can be sustained.18 Aug 05:00 PM
Banking and financeASB posts record annual profitASB, which reported a record annual profit yesterday, is increasing rural provisioning as a slump in dairy prices puts increasing financial pressure on farmers.11 Aug 10:57 PM
BDBDBanking and financeNZ bank profits up 8.6pcThings are still looking healthy for New Zealand's banks, despite a fall in lending margins at the start of this year.14 Jul 07:10 PM
Banking and financeRecession lurks in shadowsNew Zealand is enjoying 3.2 per cent economic growth and 0.1 per cent inflation, the statisticians tell us, but Bank of New Zealand economists warn we could see those numbers switch.03 Jul 05:00 PM
Banking and financeDollar's tumble surprise for firmsThe swiftness of the New Zealand dollar's drop in recent weeks has taken many businesses by surprise, says ASB Bank.24 Jun 05:30 PM
BDBDBanking and financeASB does deal with FMA over sales practicesThe way ASB sells its term funds and interest rate swaps will be independently reviewed after the bank reached a settlement with the Financial Markets Authority.22 Jun 12:10 AM
New ZealandAuckland's 175th anniversary: Fall on steps can't stop rise of cityPaul Lewis looks at the link between the city's growth and the ASB, a sponsor of this series.12 Jun 05:00 PM
Banking and financeHouse prices tipped to keep rising: surveyExpectations of rising house prices remain close to historic highs in ASB's quarterly survey of housing market sentiment.11 May 05:00 PM
BDBDBanking and financeDollar may drop due to rate cutsThe dollar may decline this week as economists bet the Reserve Bank will start cutting interest rates as early as next month.11 May 01:36 AM
BDBDAgribusinessANZ most aggressive rural rate swaps: ComComANZ Bank New Zealand, the country's biggest lender, was the most aggressive in pitching interest rate swaps to farmers, the Commerce Commission says.07 May 02:49 AM
AgribusinessBank picks wool prices to hold steadyWool prices have recovered some lost ground and are expected to remain steady throughout the year, says ASB Bank in its latest commodities report.27 Apr 05:00 PM