BNZ's head of migrant banking, Frank Cui, reckons he has a pretty good grasp of the challenges immigrants face when building a new life in NZ.

Outgoing BNZ boss Andrew Thorburn won't be cutting all his ties with New Zealand when he crosses the Tasman to start a new role as chief executive of parent company National Australia Bank in August.

BNZ boss Andrew Thorburn has made more than $400,000 from selling shares in the bank's parent company National Australia Bank (NAB).

The banking ombudsman has had 10 complaints about the loan-to-value-ratio (LVR) changes introduced on October 1, with eight related to banks withdrawing prior approvals.

The number of first home buyers in the market since the introduction of new Reserve Bank mortgage restrictions last month has plummeted, real estate agents are reporting.

A comparison of some recent economic data shows New Zealand outperforming Australia.

A prospectus for the Mad Butcher's back door listing is expected to be out next week...

The FMA's Diane Maxwell will be stepping across into the role of Retirement Commissioner for three months.

Manufacturing grew at the fastest pace in eight months in January but employment in the sector is shrinking.

BNZ has launched a marketing push to capture a bigger share of the youth market by launching a new internet banking product.