Never lived in: Mass mortgagee sale in Takapuna
Exceptionally rare for a developer to speculatively build multi-unit residential projects.
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Westpac NZ annual profit drops 7pc, says it is well-positioned
The bank reported a net profit of $963 million for September year.
Beijing bank not buying influence — Kiwi exec
Former employee alleged CCP dominating Asian Infrastructure Investment Bank.
Luxury Auckland apartments go to mortgagee sale
Major sign of trouble: 33 units in one block up for distressed sale.
Cooking the Books podcast: Four key drivers of cashflow success
Cashflow sounds simple, but it's the biggest killer of businesses.
Mortgage stress expected to double by early 2025, warns Reserve Bank
RBNZ warns times will get tougher for mortgage holders.
House prices set to rise 8 per cent next year - report
High population growth is 'adding to demand', says Westpac's chief economist.
RBNZ: Kiwi mortgage holders particularly exposed to high interest rates
NZ households highly indebted by international standards.
New mortgage lending subdued pre-election, as interest rates kept rising
Will the change of Government see 'mum and dad' investors perk up?
Reserve Bank sees risk of increased NZ farmer defaults
Low dairy, meat and forestry prices are coinciding with high operating expenses.
ANZ lifts mortgage rates again
Some mortgage rates creep close to 8 per cent, while deposit rates hit 6 per cent.
JP says bank account frozen after allegedly receiving $100k in stolen money
The private investigator, the secret recording and the fake Bitcoin investment contract.
Goldman chief David Solomon calls time on high-profile DJ gigs
Financial Times: CEO’s hobby has drawn attention, scrutiny from Wall Street group’s board.
The Ex-Files: Buying property with a friend? How to avoid a bust-up
A legal agreement can protect both parties involved.
Solution in reach after Westpac, The Warehouse strikes
Union confident talks made progress after strikes at bank, retailer.
Kiwibank admits fault over wrongfully charged fees, fined $800k
The bank admits they did wrong by their customers - now it's time pay the penalty.
Banking Ombudsman launches probe into ASB after pensioner loses $100k in FB hacking scam
The victim's family want an independent review of ASB's processes.
Pre-Christmas rate hike less likely but prospects of OCR cut more distant?
OPINION: Hawkish, dovish, or a bit of both? The RBNZ continues to watch and wait.
The Warehouse and union in mediation, broader retail crime a concern
Strike at Warehouse sparks talks, union also juggles bank tensions, retail crime worries.
Will Reserve Bank lift interest rates again? Last call before election...
Can the RBNZ stick to its earlier call that the OCR has peaked?
Pop-up Globe revived, seeking funds to repay some of $1m owed
The revival has riled some, who ask how it could carry on while in liquidation.
First-half commercial, industrial, retail property sales $1.2b, down 25pc
Private investors are the single most active group, ahead of syndicates and foreigners.
Judge rules Trump defrauded banks, insurers as he built real estate empire
Trump has repeatedly lied about his riches on his annual financial statements.
KPMG baffled by National’s pledge to ditch financial services conduct law
The law is meant to regulate banks and insurers over how they treat customers.
Sharesies users get new instant pay wallet refill option with two big banks
Bigger wallet top-ups cheaper with open banking than using credit card, Apple or Google.
'Not a good look': ASB should have reported $100K fraud to police
'Where does their liability sit for this if other cases are discovered?'
Consumer confidence plummets further
The big concern for New Zealand households is the pressure on their finances.
'Bizarre': Widow loses $100k in Facebook hacking scam, family furious at ASB
“If the bank had contacted the family we may have been able to recover the funds.”
He offered to buy an Auckland house - when he couldn't pay, it cost him $429,000
Would-be buyer argued vendors should have accepted his lower offer, but he failed.
Under-reporting: Netsafe says online fraud actually costs Kiwis $470m per year
The cost has doubled since a 2018 report; Netsafe funding and oversight changes are eyed.
Diana Clement: How much are you paying in 'lazy tax'?
OPINION: Banks make money from our complacency.
Opinion: Fifteen years after Lehman, we still need to fix financial supervision
FT: It must be made easier for regulators to act intelligently and independently.
'Far too late': Victims sick of 'false promises' as banks announce changes to fight scams
"Unfortunately, this comes far too late as my family’s lives have already been destroyed."
Expat Kiwi sues US Treasury over sanctions for being on board of Russian bank
The banker claims he resigned from the board weeks before the sanction was imposed.