Latest fromBank of New Zealand
Banks shut out foreign buyers
Two of our biggest banks will no longer lend to overseas-based buyers of New Zealand property.
BNZ customers hit by online banking blip
An online banking blip left some BNZ customers out of pocket and embarrassed this afternoon.
BNZ profits fall 16 per cent
A 16 per cent drop in the Bank of New Zealand's net profit after tax was due mainly to lower gains on financial instruments, affected
BNZ cash earnings drop 3pc on dairy downturn
National Australia Bank's New Zealand cash earnings dropped 3 per cent in its first half as the lender took impairments against its rural loan book.
Ex-banker cuts $250k deal with cops
An ex-BNZ banker, who approved a loan for his own property development, has cut a deal with police over forfeiting $250,000 of frozen funds.
BNZ cuts forecast for Fonterra payout
Bank of New Zealand cut its forecast for Fonterra Cooperative Group's payout to farmers this season amid continued weakness in dairy prices.
BNZ fights $157k freight claim
BNZ is facing a lawsuit which a liquidator of a freight-forwarding company says should have gone to the New Zealand Customs Service for import duty.
Big four banks' $4.4b profit
But shine of record earnings dulled by news of slower growth.
Anthony Healy, BNZ chief executive
It's an affordability issue, not necessarily a bubble.
BNZ: Time ripe to tackle home debt
BNZ has disclosed research finding almost 1 in 3 homeowners will be older than retirement age before they throw off the shackles of a home mortgage.
Kiwibank cuts mortgage rates again
State-owned bank now offering six-month rates of 5.19 per cent - and 4.59 per cent for a two-year term.
First shot in mortgage rates war?
BNZ reduces one-year fixed rate to 4.35 per cent ahead of Reserve Bank's expected announcement that OCR will be cut.
Top 5 banks still in the money
NZ's five biggest banks continued to show strong earnings growth, but questions are being raised about whether this can be sustained.
Lowest mortgage rates since 1955
It's a 60-year low as banks vie to undercut each other.
BNZ tips dairy price recovery
BNZ has lowered its 2015/16 milk price forecast for Fonterra but says it expects dairy prices to recover late this year.
Banking sector cashes in on technology
Disruption is not something the Co-Operative Bank or BNZ have actively sought, they say, but was rather a by-product of striving for improvement.
BNZ ranked bank of the year
The banks has been named bank of the year for everyday banking by consumer organisation Canstar.
Stock Takes: English pumps power dividends
Is the Govt really getting double the amount of dividends from its sold down power companies?
Paying to chase cheap money
The number of mortgage holders paying break fees to cash in on near record-low interest rates has jumped, with some homeowners saving thousands from the switch.
McVitty farm liquidation winds up
McVitty Properties has completed its liquidation, leaving creditor BNZ with a shortfall of about $2.6 million.
Safety-first KiwiSavers risk losing out
KiwiSaver providers are struggling to move savers out of the default funds despite a requirement by the Government to give people more information on their choices.
BNZ boss: no housing bubble
BNZ boss Anthony Healy says he doesn't believe the Auckland property market is entering bubble territory.
BNZ first-half cash earnings rise 4.5pc to $418m
BNZ cash earnings have risen 4.5 per cent in the six months ended March 31 to $418 million as growth in housing and business lending, and lower funding costs, drove up net interest income.
NZ bank profits feel the squeeze
Profits were squeezed in New Zealand's banking sector during the final quarter of last year as non-interest income decreased and impaired asset expenses rose.
U-turn on ANZ late payment fee decision
The lawyer heading up a legal fight against NZ's major banks over fees says he won't be throwing the towel in despite a ruling in favour of ANZ in Australia.
Banks drop loan sweeteners
At least four banks have quietly dropped cash incentives aimed at wooing home loan customers.