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Brian Fallow: Curbs may help big-deposit holders
As curbs on lending to home buyers with low deposits draw closer, one question that arises is how banks will do the rationing, writes Brian Fallow.
ASB faces headwinds despite result
ASB Bank boss Barbara Chapman is hoping the bank will continue its strong growth run but says it faces headwinds as borrowers switch to fixed mortgage rates .
ANZ: Glitches not due to National merger
A series of glitches affecting ANZ customers and merchants this year does not stem from the bank's technology merger with the National Bank, ANZ says.
Ex-AB targeted in scam
A World Cup-winning All Black has been named as one of 13 victims in an alleged credit card scam run by a 20-year-old.
House prices down, sales up
House prices dipped last month, says the Real Estate Institute, but the number of properties changing hands was up more than 10 per cent from the month before.
ANZ customers affected by outages
ANZ was tonight still trying to fix a glitch with its eftpos terminals which saw some cards stop working and some customers charged twice for the same transaction.
Aussie Reserve Bank cuts rate to 2.5%
After vindicating expectations of an interest rate cut yesterday, the Reserve Bank of Australia isn't showing much enthusiasm for another.
Kiwi slumps on Fonterra botulism scare
The NZ dollar has dropped a cent and a half in reaction to Fonterra's announcement.
Kiwi in top UK bank role
A New Zealander has been tasked with what has been described as the toughest job in UK banking.
Weaker kiwi lifts savings fund returns
The weaker New Zealand dollar gave KiwiSaver funds with exposure to global share markets a shot in the arm over the June quarter.
Liquidation aims to protect all interests
Cynotech Holdings' chairman Allan Hawkins says the company was put into liquidation to protect "everybody's interests".