Latest fromBanking

Novopay victims given free overdrafts
Retail banks across New Zealand have stepped in to help school staff financially affected by the Novopay debacle.

Recovery patchy, says economist
Subdued inflation will keep the Reserve Bank's official cash rate on hold until at least 2014, the NZIER predicts.

Stephen Diver: Germany showing way ahead
For the past two years a gleeful band of Eurosceptics in the Anglo-US political establishment have been arguing that the euro cannot survive.

Banks offer sweet deals
Banks are going into battle for new customers with free tablet computers, contributions to house painting and cash handouts all up for grabs.

Live Chat replay: Banks and banking
Live Chat - send in your questions for Kirk Hope, chief exec of the NZ Bankers' Association...

Banks say NZ profits aren't that high
New Zealand's mostly Australian-owned banks are not as profitable as they appear, despite very strong earnings, the NZ Bankers Association says.

Millionaire sells stake in Russian bank
One of New Zealand's wealthiest men is selling his share in the Moscow-based investment bank he founded nearly 20 years ago.

Peter Lyons: Big ideas to drive growth are simply not there
is interesting times in economics and politics. The big ideas are simply not there.

Live Chat replay: Real estate and property prices
See a reply of our live chat about property and real estate with Wendy Alexander, chief executive of real estate agency Barfoot & Thompson.

ANZ boss banks 11pc pay boost
ANZ's New Zealand boss has received an 11 per cent boost to his pay package mainly driven by an increase in rights to own more shares in the bank.

Bank fees loom for rates strikers
Striking Northland ratepayers could soon find their banks have effectively paid the council's bill from their accounts.

Bank policy might hinder bailouts
But a systemically important bank may not be allowed to fail in future, says S&P.

Fear driving improved NZ savings
Better attitudes towards saving and debt reduction in New Zealand are being driven by fear and are unsustainable, says the head of a major bank.

MP accuses banks of 'gouging' farmers
Bill English has defended banks against accusations from one of his own MPs that they are "gouging" customers with high overdraft rates, especially for farmers.