Banks drop interest rates, for some mortgage holders at least
A less aggressive Reserve Bank posture has influenced some big banks to cut mortgage rates. ZB's Andrew Dickens discusses the issues with the Herald's John Weekes. Video / NZHerald
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Less-hawkish tone, property glut part of wider landscape influencing banks.
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Sale numbers plummet, new listings skyrocket: not a market in recovery at all.
$240m fund offers new option for NZ startups
HSBC is being billed as the first bank into the sector here.
Govt instructs banks to introduce urgent measures to protect customers from scams
Banks have been told to investigate a voluntary reimbursement scheme for victims.
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Nicola Sladden wants banks to significantly improve fraud detection systems.
Watch: Official Cash Rate kept at 5.5%
Inflation is still too stubborn for the country to afford a rates cut.
$100m Radisson Red hotel planned for Auckland's Queen St
Second ex-bank HQ offices to be converted into a hotel, after InterContinenal Auckland.
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Critics say customers who visit their bank are more protected than those paying online.
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'I said [to Bronagh]: Just be careful when you get to know me... you may not like me!'
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What is the Official Cash Rate and how does it control lending rates?
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More than 300 NZ retirement villages and 71 operators ranked according to best practice.
Sir John Key to step down as ANZ NZ chair, leave ANZ Group board
Key became chair of ANZ NZ in 2018 after joining the board a year earlier.
ASB takes a punt on some home loan rates ahead of cash rate decision
A 'volatile' global environment was a factor in the home loan rates decision.
Kiwibank boss calls for end to OCR hikes as bank posts record profit
Indebted businesses struggling more than those with mortgages.
Bank worker embezzled $200k to fund SkyCity gambling addiction
He hoped to pay off his debts by gambling "but it didn't pan out that way", says judge.
'A simple step that will stamp out bank scams’ gets a step closer. Maybe
'This should have happened years ago,' Consumer CEO Jon Duffy says.
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The possibility of debt-to-income ratios being used has worried first home buyers.
Bank boss's interest rate warning for homeowners
Vittoria Shortt's comment comes as most borrowers bet on rates falling by mid-next year.
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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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
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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
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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