New Zealand'Devastated': Officer loses $250k to scammers, ASB manager helped victim send money to thievesThree victims lost $550k through an ANZ 'money mule' account.01 Apr 04:00 PM
New ZealandWatchdog refuses compo for $100,000 scam victim, says banks can't be compelled to check for fraudThe watchdog says banks can't be forced to monitor for references to known scams.31 Mar 02:52 AM
New Zealand'Ruined my life': Luxury yacht skipper loses $400k in scam, faces accused 'mule' in courtHe thought he was investing $400k in a HSBC term deposit. But it was all a scam.24 Mar 06:32 AM
Banking and financeEconomic scoreboard: The region that 'smashed it' in the December quarterChanges at the top, and big mover revealed.19 Mar 09:27 PM
PremiumPremiumBanking and finance$1b+ Oyster Group fund suspends investor withdrawals, selling propertiesIt says the fund must keep capital to meet its needs and service higher borrowing costs.19 Mar 02:41 AM
New Zealand‘Victim blaming’: Ombudsman under fire after ruling scam victims culpable for lossVictim Support says it is pointless and harmful to blame victims of fraud.17 Mar 04:00 PM
New Zealand'I was a victim too': Young mum linked to $1m loss blames Nigerian scammerAimee Rodda has dodged charges.17 Mar 08:30 AM
Banking and financeHousing market spluttering back to life after sleepy JanuaryHousing market shows some promise but has much work to do after sluggish summer.13 Mar 11:06 PM
New ZealandScam ‘mule’ allegedly linked to $1.7m in stolen money is a CEO and company directorVictims want regulation; banks believe their systems are robust.13 Mar 04:02 PM
PremiumPremiumAged careSharesies just had a record day: The winners and losersPLUS: A KiwiSaver update and a deposit partner mystery.11 Mar 01:47 AM
New ZealandThe $2 billion digital 'ram raids': Inside the scams - fraudsters targeting your moneyRevealed: The lengths scammers are going to, to deceive Kiwis.10 Mar 04:02 PM
Banking and finance‘Done and dusted’: More Kiwis believe housing market downturn is overConfidence in housing market is on the rise, with expectations interest rates have peaked06 Mar 04:00 PM
Banking and financeBNZ cuts some home loan rates after rivals make movesLess-hawkish tone, property glut part of wider landscape influencing banks.05 Mar 10:54 PM
Banking and financeHouses for sale flood Auckland market, hit 11-year peakSale numbers plummet, new listings skyrocket: not a market in recovery at all.04 Mar 11:45 PM
Banking and financeMajor banks drop home loan ratesBig bank reacts to OCR move, inflation jitters.03 Mar 07:01 PM
New ZealandGovt instructs banks to introduce urgent measures to protect customers from scamsBanks have been told to investigate a voluntary reimbursement scheme for victims.01 Mar 03:18 AM
New Zealand'Big stick': Watchdog warns new Govt faith in banking system at risk from scam scourgeNicola Sladden wants banks to significantly improve fraud detection systems.29 Feb 05:00 AM
Banking and financeWatch: Official Cash Rate kept at 5.5%Inflation is still too stubborn for the country to afford a rates cut.28 Feb 01:03 AM
PremiumPremiumNew Zealand'Preposterous': Banking watchdog under fire, calls for law change to protect scam victimsCritics say customers who visit their bank are more protected than those paying online.27 Feb 04:00 PM
PremiumPremiumAged careProperty Insider: Contentious retirement village survey, who wants $500k+ from failed builderMore than 300 NZ retirement villages and 71 operators ranked according to best practice.26 Feb 10:23 PM
Banking and financeASB takes a punt on some home loan rates ahead of cash rate decisionA 'volatile' global environment was a factor in the home loan rates decision.26 Feb 08:45 PM
PremiumPremiumSmall BusinessASB launches $500 million business lending goalNew research with the NZIER shows access to capital has been a challenge for business.25 Feb 10:28 PM
PremiumPremiumBanking and financeTo hike or not to hike - economists divided on RBNZ's big rate callANZ is expecting the official cash rate to be raised from 5.5 per cent next week.25 Feb 04:00 PM
PremiumPremiumBanking and finance'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.19 Feb 04:00 PM
PremiumPremiumBanking and financeWhy the WFH revolution is stallingPlus: What are your rights if you want to keep working from home?15 Feb 03:00 AM
PremiumPremiumBanking and financeBank boss's interest rate warning for homeownersVittoria Shortt's comment comes as most borrowers bet on rates falling by mid-next year.15 Feb 02:00 AM
New ZealandScam victim horrified nine others lost $800k after he reported $1m fraud to banks, policeThe victim sent 20 separate money transfers of $50k each over just eight days.11 Feb 04:00 PM
New ZealandANZ misses watchdog's scam warning after email caught in spam filterConsumer NZ says ANZ's spam filter systems seem more effective than those detecting fraud.05 Feb 06:40 PM
New Zealand'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.02 Feb 12:33 AM
New ZealandJP accused of laundering $1.8m in scam proceeds appears in court, granted suppressionOne of the JP's alleged victims lost $1m in the scam, according to court documents.26 Jan 05:33 AM
New ZealandInvestment scam: Auckland JP charged with 10 counts of money laundering worth nearly $1.8mPolice seized documents and computer equipment during a search at his home this week.24 Jan 04:00 PM
Crime'Sorry to be intrusive': Polite bank robber gets home detention for two armed heistsIt's very unusual for such cases to not result in imprisonment, the judge acknowledged.19 Jan 06:00 AM
Banking and financeDecember spending on a “sharper decline than expected”Electronic card spending fell at the end of last year which might be bad news for retail.17 Jan 12:43 AM
New Zealand'Substandard systems': Watchdog calls for ASB to refund scam victim’s $100k lossA financial expert claims ASB was on notice of criminal activity but failed to detect it.14 Jan 06:17 AM
