The banking system creates money when loans from one bank are deposited in another.

Young people were the least prepared, but even older people weren't planning.

Which companies do Kiwis trust the most?

Here's why bosses will eventually need to start paying more to their staff.

New Zealand's manufacturing activity rose to its highest level in 14 months in March.

COMMENT: The Shareholders' Association is on the warpath.

Bank of New Zealand has developed a responsible investment policy.

KiwiSaver is a fantastic long-term superannuation scheme but it has one major drawback: limited domestic investment opportunities.

BNZ is closing branches and reducing the hours at others as it shifts to meet the growing use of digital banking.

New Zealand's big banks need to become simpler, smaller and better in tune with their customers to survive the big challenges facing

Carrying a wallet full of credit and debit cards may soon be a thing of the past as more consumers sign up to pay-by-phone technology.

The BusinessNZ-BNZ performance of services index rose 1.3 points to 57.9 in November, still above the long-term average of 54.1.

BNZ has made a grab for the savers market offering a 4 per cent term deposit rate.

BNZ's Harbour Quays building won't reopen for months following damage to CentrePort in the 7.8 earthquake.

Quake-hit customers and businesses have been offered mortgage relief and access to savings.

Customers of BNZ and Kiwibank may face delays in getting through to the lenders, with both banks' primary call-centres based in Wellington.

With an already impressive resume, My Food Bag co-founder Theresa Gattung is at work on a fresh new venture.

The official cash rate cut won't be passed on to mortgage holders at major banks across New Zealand.

Kiwis' online retail spending in September was up 15 per cent on last September, with a strong New Zealand dollar making many international

BNZ boss Anthony Healy says mortgage holders should not expect predicted cuts to the official cash rate to flow through to home loan

The BNZ has reported a $125 million drop in its full year profits on the back of a lower trading income and losses on hedging derivatives.

The bank has confirmed it may restructure parts of its business and the Herald understands up to 500 jobs could be affected.

The BNZ-BusinessNZ performance of services index declined to a seasonally adjusted 54.1 in September.

BNZ has confirmed it may restructure parts of its business and the Herald understands hundreds of jobs could be affected.

Profits across New Zealand's banks dipped in the June quarter driven in part by record lending outpacing funding.

As more people do online transactions, small towns must adapt to closures.

A Whanganui resident has been subject to scam banking text messages.

Despite painstaking and careful restoration of a historic bank building in Marton, Auckland owner Steve Quinn's progress has now been

John Waller was made an Officer of the New Zealand Order of Merit for services to business and the community last year.

Auckland property developers fear that a sudden tightening of bank lending may "throttle" new housing projects despite the city's desperate housing shortage.