Investors scale back bets of May rate cut on strong US inflation figures
Resilience in price pressures comes as Federal Reserve considers when to cut rates.
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How much you need to earn to buy an average home under new rules
Aucklanders likely to need staggering income to buy average-priced house.
Scam victim horrified nine others lost $800k after he reported $1m fraud to banks, police
The victim sent 20 separate money transfers of $50k each over just eight days.
Mastercard cash passports fail after cards sent to customers with wrong numbers
The manufacturing bungle has left NZ customers in the lurch.
'Hell of a shock': Westpac fixes issue after accounts show zero
Customers had issues with eftpos cards and bank balances.
Major bank lowers some fixed housing rates, term deposits
Bank says it will contact home loan customers who might be facing financial difficulty.
Compass Homes Franklin in liquidation, creditors want money
Grant Reynolds appointed. He is also the liquidator of other Compass building businesses.
ANZ misses watchdog's scam warning after email caught in spam filter
Consumer NZ says ANZ's spam filter systems seem more effective than those detecting fraud.
The value of financial assets owned by 10 big post-settlement iwi
Asset returns decreased and half the iwi reported financial losses.
'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.
Broadcaster's pic stolen for dodgy ad, brazen scam warning
Scams come amid more deepfakes, talk of rules overseas to punish offenders.
National U-turns to keep new conduct regime for financial institutions
Minister proposes consolidating licensing requirements.
EY starts monitoring UK staff office attendance with turnstile data
Financial Times: Bank sent 'letters of education' to employees not showing up at office.
Parliament is back, water woes and scam calls | Focus Morning Bulletin January 30, 2024
MPs are back with plenty on the to-do list, Wellington's water woes and ANZ’s latest scam warning for customers in the latest NZ Herald headlines. Video / NZHerald
Opinion: The financial system needs more capital and less complexity
Financial Times:: Have we learnt anything from the great financial crisis ?
JP accused of laundering $1.8m in scam proceeds appears in court, granted suppression
One of the JP's alleged victims lost $1m in the scam, according to court documents.
$1.2 million property borrower sues Westpac over threatened mortgagee sale
The case cited information from a bank whistleblower, said to show internal discussions.
Investment scam: Auckland JP charged with 10 counts of money laundering worth nearly $1.8m
Police seized documents and computer equipment during a search at his home this week.
How housing market could react to new Reserve Bank moves
Consultation on new mortgage lending restrictions ends on March 12.
PM attends Rātana, costly crossings and debt-to-income restrictions | Focus Morning Bulletin January 24, 2024
The Prime Minister gets set to attend Ratana, why pedestrian crossings cost thousands more in Auckland and the Reserve Bank’s debt-to-income proposal in the latest NZ Herald headlines. Video / NZHerald
RBNZ confirms new mortgage restrictions to be introduced - what will they look like?
Banks' lending to high-DTI borrowers to be capped, as LVRs to be eased.
Kiwis' resilience will be tested in 2024 - BNZ boss
'Early on in my career, work became my life': BNZ chief's quest for work-life balance.
Letters: Ignore ongoing Covid threat at our peril; female MPs and abuse
OPINION: 'We have an enormous capacity to ignore things that harm us.'
The changing face of Auckland: Apartment projects to dominate in 2024
But as some rise, why are others struggling to get off the ground?
Harcourts' agency owner liquidates, forms new company to continue
"Relationship breakdown" cited by the liquidator as the reason for the companies folding.
'Substandard systems': Watchdog calls for ASB to refund scam victim’s $100k loss
A financial expert claims ASB was on notice of criminal activity but failed to detect it.
$40 million Pakatoa Island no longer for sale
He's in the rare position of having one of the few privately owned islands in the Gulf.
Man allegedly linked to $100k scam being removed from JP website, fresh probe launched
The accused JP is authorised to certify anti-money laundering documents for finance firms.
ASB investigated, youth crime and Gus the Groper | Focus Morning Bulletin January 11, 2024
ASB bank investigated after offering Kiwi scam victim a goodwill payment, why Generation Z are less likely to end up behind bars and petition demands harsher penalty after Kiwi allegedly kills beloved Aussie fish in the latest NZ Herald headlines. Video / NZ Herald / Getty
'A joke' - Kiwi victim of $100,000 scam refuses $2000 ‘goodwill payment’ by ASB
Nearly six month after scam reported, police are yet to interview the alleged mule.
Up or down? What new agency figures tell us about Auckland's housing market
'Median sales price at $1,045,000 was the highest for any month in 2023.' - Peter Thompson
Fears deposit insurance could give big banks more market power
Small non-bank deposit takers urge Govt not to make scheme too big and costly.
Market close: NZ shares stage late comeback, Infratil leads way
Uncertainty remains over the timing of US Fed interest rate cuts.
Biggest foreign investment deals of 2023
Which countries are most active, what sectors are they buying in and what prices are paid?