Govt instructs banks to introduce urgent measures to protect customers from scams
Banks have been told to investigate a voluntary reimbursement scheme for victims.
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'Big stick': Watchdog warns new Govt faith in banking system at risk from scam scourge
Nicola Sladden wants banks to significantly improve fraud detection systems.
Watch: Official Cash Rate kept at 5.5%
Inflation is still too stubborn for the country to afford a rates cut.
'Preposterous': Banking watchdog under fire, calls for law change to protect scam victims
Critics say customers who visit their bank are more protected than those paying online.
Property Insider: Contentious retirement village survey, who wants $500k+ from failed builder
More than 300 NZ retirement villages and 71 operators ranked according to best practice.
ASB takes a punt on some home loan rates ahead of cash rate decision
A 'volatile' global environment was a factor in the home loan rates decision.
ASB launches $500 million business lending goal
New research with the NZIER shows access to capital has been a challenge for business.
To hike or not to hike - economists divided on RBNZ's big rate call
ANZ is expecting the official cash rate to be raised from 5.5 per cent next week.
'A simple step that will stamp out bank scams’ gets a step closer. Maybe
'This should have happened years ago,' Consumer CEO Jon Duffy says.
Why the WFH revolution is stalling
Plus: What are your rights if you want to keep working from home?
Bank boss's interest rate warning for homeowners
Vittoria Shortt's comment comes as most borrowers bet on rates falling by mid-next year.
Scam victim horrified nine others lost $800k after he reported $1m fraud to banks, police
The victim sent 20 separate money transfers of $50k each over just eight days.
ANZ misses watchdog's scam warning after email caught in spam filter
Consumer NZ says ANZ's spam filter systems seem more effective than those detecting fraud.
'Fight for justice': BNZ told to reimburse scam victims nearly $300k after missing ‘red flags’
The Banking Ombudsman found BNZ had missed crucial warning signs of a known scam.
JP accused of laundering $1.8m in scam proceeds appears in court, granted suppression
One of the JP's alleged victims lost $1m in the scam, according to court documents.
Investment scam: Auckland JP charged with 10 counts of money laundering worth nearly $1.8m
Police seized documents and computer equipment during a search at his home this week.
'Sorry to be intrusive': Polite bank robber gets home detention for two armed heists
It's very unusual for such cases to not result in imprisonment, the judge acknowledged.
December spending on a “sharper decline than expected”
Electronic card spending fell at the end of last year which might be bad news for retail.
'Substandard systems': Watchdog calls for ASB to refund scam victim’s $100k loss
A financial expert claims ASB was on notice of criminal activity but failed to detect it.
'No red flags': Heartbroken realty agent loses $100k in elaborate finance scam
'I just burst into tears. It’s my life savings'.
Man allegedly linked to $100k scam being removed from JP website, fresh probe launched
The accused JP is authorised to certify anti-money laundering documents for finance firms.
'A joke' - Kiwi victim of $100,000 scam refuses $2000 ‘goodwill payment’ by ASB
Nearly six month after scam reported, police are yet to interview the alleged mule.
Third major bank cuts home loan rates before Xmas
More mortgage rates could be heading south early in the New Year.
'Glacial response': Consumer watchdog slams NZ banks after update on fight against scammers
Work is 'progressing' to introduce a co-ordinated Anti Scam Centre to protect customers.
Waikato Rugby president named volunteer of the year
A big supporter of grassroots rugby, Grainger has been involved in the game for decades.
He’s a towering figure in the tourism industry. Last night he was named CEO of the year
Webster's drive to build back better and not waste a crisis marks his leadership.
Watch live tonight: Deloitte Top 200 awards
New Zealand's most prestigious business awards live.
Banks turn up the heat on high-growth funds
ASB & BNZ want a slice of the aggressive investor. Milford CEO responds.
Scam stoppers: ASB boss says safety before speed of payments
Bank scams cost Kiwis an estimated $200m in a year - so what's ASB doing about it?
'It's bizarre': Police uncover web of victims after widow loses $100K in FB hacking scam
An Australian man caught up in the case lost $500,000 in a romance scam.
Scamfest as retailers hope Black Friday and Cyber Monday pay off
Two big events made in the US, and one made in China, aim to ignite retail fortunes.
How CEOs should tackle the rise of generative AI
Three finalists line up for the Deloitte Top 200 CEO of the year award.
Deloitte Top 200: Finalists named for 2023 business awards
One emerging theme this year is how to handle new technology such as AI.
KiwiSaver loses $1b on negative returns - best and worst funds revealed
Returns slip for all KiwiSaver funds in September quarter.