A power outage has shutdown some Eftpos terminals in Auckland this morning.

One of New Zealand's biggest banks has scrambled to assess its security systems after handing out hundreds of dollars in counterfeit money.

Bernard Hickey writes: In the past couple of years, borrowers and bankers haven't thought of money as being in short supply.

ANZ says customers have fallen victim to fraudsters using card-skimming devices on its ATM machines.

The Bankers Association is critical of Reserve Bank proposals to increase the amount of capital banks have to hold against home loans with a high loan-to-value ratio (LVR).

Bernard Hickey says: "Haircuts" for Kiwi bank depositors would never be allowed to happen.

Labour and the Greens are right. Our banks are too big to fail and we should be honest about that by creating a deposit insurance scheme for deposits of less than $250,000.

The Cypriot crisis has turned a spotlight on the open bank resolution (OBR) policy the Government and Reserve Bank have been working on, even though, as the bank has been quick to point out, the situations are very different.

I heard John Banks on the radio this morning offering financial advice to the recently-embarrassed Labour leader, David Shearer, writes David Chaplin.

Everybody with money in a bank in this country will be alarmed at first reading of the Reserve Bank's plan to seize some depositors' funds in the event of its failure.

The Reserve Bank says its plans for dealing with potential bank collapses are very different from what's being seen in Cyprus.