Politicians to have a crack at bank bosses and regulators via new competition inquiry
Inquiry to be broader than ComCom's study, including business and agricultural banking.
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Fieldays 2024: Prime Minister backs rural banking inquiry
The appearance came after the announcement agriculture won't be included in the ETS.
Farmers call on MPs to help rally for fair banking
'Farmers want to know our local MPs understand the pressures we are under.'
Kiwibank faces prosecution over $7m in customer overcharging
'Serious' charges come after multiple errors in Kiwibank’s manual and electronic systems.
$55k back pocket hole: What you could be missing out in KiwiSaver cash
Women, young people and those in default funds are more likely to miss out.
'No one is demanding action': Petition calls on Govt, banks to refund scam victims
About $200m was stolen from Kiwi victims in 2023 alone, with half of households targeted.
Watchdog sends $300k scam victim's details to wrong email in privacy blunder
'What a bunch of idiots... How am I supposed to have any trust in the system?'
Busted: Cleaner springs guests who booked beachside motel to make fake money
Couple checked in carrying a guillotine, printer and multiple laptop bags.
Brothers Beer liquidation: Major bank among creditors owed money
The pre-pandemic business was popular and expanded hospitality outlets from one to seven.
Family 'gobsmacked' after bank tellers help widow with dementia withdraw $300k
'What the hell did they think she was spending the money on?'
Nicola Willis reveals she's had to field a complaint over Adrian Orr's conduct
A long-standing spat over bank regulation continues.
Adrian Orr shares fiery 'letter to the editor' with bank bosses
The Reserve Bank governor says criticism of bank capital rules 'needs to be called out'.
'Misled by lies': Divorcee loses $580k in romance scam
The victim was sent log in details to a fake UK bank account showing a balance of $3m.
'Utter red herring' - Adrian Orr responds as bank capital saga resumes
Commerce Commission market study gives opponents of capital rules a platform.
NZ’s top finance professionals: The big winners at the Infinz Awards
The Institute of Finance Professionals hosted its annual awards dinner last Thursday.
'Nearing crisis point': Farmers facing pressure from banks say Feds
Farmer confidence in banks has plummeted to the lowest level in nearly a decade.
Calculated bluff or dose of realism? Why RBNZ isn't pencilling in rate cut until later next year
Economist notes this isn't the first time the RBNZ's talked tough before slashing rates.
Inside Economics: That lost 1994 Pak'nSave receipt, China's rebound, and are banks ripping us off?
OPINION: Liam Dann answers economics questions and digs through the week's economic news.
New tech bill will allow consumers to share data
The new legislation will initially apply to the banking sector.
Why banks are more profitable in NZ than Aussie - is the RBNZ to blame?
But the former RBNZ governor says the impact of capital rules shouldn't be overstated.
Four-day week pioneer Andrew Barnes: 'I hated the person I had become'
Four-day week pioneer doesn't have time for a three-day weekend.
How to improve diversity in NZ's financial services ecosystem - Jim McElwain
OPINION: Progress has been made but the journey is far from complete.
'He was so bloody good': Scam victim accuses Westpac of negligence after $323k loss
The scammer had researched the victim's family and knew he had savings to invest.
NZ First candidate, former cop file complaint against Kiwibank after losing $500k in scam
The victims claim Kiwibank failed to monitor the account or carry out due diligence.
Times Newspapers in liquidation, owes $962,000
IRD debts put at $475,000, unsecured creditors owed $433,000, staff are owed $51,000.
‘Money mule’ stole $23,000 from woman’s account - heads to casino
Mackara Patrick Chourb told police he didn't realise he'd taken so much money out.
ANZ, BNZ bosses in no hurry to follow Reserve Bank’s advice on insurability of property
The Reserve Bank believes more risk-based pricing could improve financial stability.
ANZ increases cash profit as net interest margins get squeezed
The bank is New Zealand's largest.
Next few months will be ‘critical’ for economy says Westpac NZ CEO
Westpac NZ CEO cites tense geopolitical environment adding to uncertainty.
Liam Dann: Don't bet your house (or your mortgage rate) on inflation forecasts
OPINION: It's taken years to start causing a serious economic downturn.
The forgotten $477m fortune: Why Kiwis should check IRD's website to see if they can claim
More than 415,000 Kiwis are owed $477 million in unclaimed funds with the IRD.
Savers slowly capitalise on high interest rates
BNZ's profitability falls as savers shift their funds to accounts that pay more interest.
Bad mortgage debt expected to rise by 40 per cent by year's end
The Reserve Bank says banks are well positioned to help struggling borrowers.