Banks’ preparations for tough times could dampen profits
KPMG sees banks continuing to make provisions for higher bad debts.
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Scam concerns intrude on big bank probe announcement
The nasty and costly scams have prompted a warning and some advice from ministers.
‘Worst night of my life’: Man who lost $400k says 'money mule' a disbarred lawyer
'They’re absolutely ruthless criminals and they need to be stopped'.
GDP preview: Did we avoid recession? Economists make their calls
Data this week will reveal how the economy performed in the first quarter of the year
Lower inflation on food prices ‘a long way away’, economists say
Annual food price inflation is still close to 30-year highs.
Alleged 'mule' arrested over $100K scam involving real estate agent
'It’s not a Mickey Mouse scam, it’s sophisticated. They are taking millions.'
‘Edging closer’: ASB survey pinpoints housing market turning point
"Tentative signs of an uptick in activity, moderating price falls."
'They tricked me': Scam victim who lost $330k feels he’s failed his wife, kids
"I feel like something horrible is going to happen to my family.”
A 2023/24 milk price of $8/kg will be a pinch for farmers
Fonterra's "mid-point" forecast of $8/kg will be close to break-even for farmers.
Retail sales down, signs of 'stark' year for Kiwi households
Some sectors sacrificed as surging cost of living forces tough choices.
‘Absolutely gutted’: Retiree loses $150k in bogus HSBC-branded investment scam
The scam looked so real even experts were taken in.
From Today FM to Sunday - top star's big TV move; five ad agencies battle for bank contract; RNZ-TVNZ 'vulnerable'
Media Insider: 9 of the best ads in the world - what's your favourite?
'No red flags': Heartbroken realty agent loses $100k in elaborate finance scam
'I just burst into tears. It’s my life savings'.
Banks less trusted than supermarkets - Consumer NZ survey
Public trust in banks falls as profits surge in the middle of a cost of living crisis.
Food price inflation will continue to bite Kiwi households
Stats NZ said today that food prices are the highest since 1987.
Difficult year ahead for consumers as food prices continue to rise
Food prices are at a 30-year high but increases should slow down later this year.
Northland wildlife sanctuary owes IRD $264,000, tiger and lion welfare a priority
Covid-19 wage relief subsidies of $199,000 were received during the pandemic height.
Slice of waterfront Wynyard Quarter for sale, ASB building could lose views
Sale could net cash-strapped council $36 million or more - property investor.
Catfish Casanovas, fake extortion and blackmail scams on the rise
Is it love? No, it's a scam - but you're not alone in falling for it.
New ASB Netcode scam adds to flurry of recent bank cons
A scam a day: Another bank warns customers of new scam in circulation.
ASB, Heartland, Watercare, staff claim $250,000-plus from insolvent baking business
Bakery said it had failed to recoup costs due to Covid-19 lockdowns.
ANZ donates $3 million to cyclone relief
The bank has joined ASB and BNZ in making donations; Westpac offering small business fund.
ASB boss calls for more coordination over climate challenge
Recent storm events have shown how inaccurate flood modelling is.
Civil earthworks company that took Covid wage subsidy in liquidation, ASB owed $5.4m
Even the Government money wasn’t enough to keep it going so the owner called it quits.
Supply Shock: Where economists expect price rises in wake of flood
Impact to wider economy marginal, but flooding means more disruption to supply chains.
ANZ stands by refund decision after $31,000 spent on customer’s stolen cards
Bank believes she likely disclosed her password somehow or made it easy to guess.
Auckland showgrounds: new operators, tenants sought
Auckland's showground centrepiece up for grabs.
The bank that gave away its $150m farm to Mount Albert Grammar School
Mount Albert Grammar School had previously leased the farm for nearly a century.
NZ's recession tightrope walk has banks in guessing game
"We are well and truly in an environment of slower growth," says ASB's Nathaniel Keall.
Inflation 'likely to remain high for several years'
Employers warned to look at the longer term as relief from cost pressures some way off.
ASB chief says borrowers coping with higher rates so far
But it has increased its provisions to cover emerging risks.
Multi-million dollar class action lawsuit against ANZ, ASB to include all affected customers unless they opt-out
The lawsuit was filed in September last year and could include up to 150,000 customers.
ASB Bank predicts record $10/kg milk price for 2022/23
It would be the first double-digit milk price on record if it comes to pass.