'Absolute negligence': Financial expert lashes Kiwi banks, alleges systemic security failures
It’s absolute negligence on the banks’ behalf and it’s an embarrassment internationally.'
It’s absolute negligence on the banks’ behalf and it’s an embarrassment internationally.'
A glimpse beneath the "tip of the iceberg". Plus: Bank customers want more protection.
ANALYSIS: It takes just one big bank to hike rates for the others to follow.
OPINION: I bought at the peak of the market in 2021 but now stand to make a loss.
"Some kind of red flag should have been raised."
But the bank has left the door open for further rate hikes.
A closer look at how long borrowers are fixing their mortgages for.
Watch: Is it time to head for bank deposits?
An unexpected evening phone call and bank account shock as skimmers strike.
Westpac is lifting its mortgage and term deposit rates from tomorrow.
Investors poured around $180m into 11 Maat property schemes - what next?
Banks target increasingly popular longer-dated mortgages, as they raise rates again.
Shareholders put $47.2m into schemes to fund the store, hoping for big returns.
Liquidators appointed but it's far from clear if customers will regain access to funds.
A mum of two is distraught after losing access to $40,000.
More competitive prices and a ‘get in now’ attitude' not enough to fire a recovery.
'In a lot of these cases you’re chasing shadows, but here there’s a genuine lead.'
Financial Times: Class action claim includes hundreds of failed bank’s former employees.
Mortgage rates north of 6 per cent are yet to be felt by around half of ASB customers.
Preliminary findings “raise questions for us”, says commission chairman.
"That money was an inheritance ... and I’ve gone and f***ed it up."
'They have to be very, very angry to go on strike,' union says of rare bank worker action.
Government takes 'proportionate' approach towards BNPL regulation.
New Commerce and Consumer Affairs Minister wants lending rules to be more 'nuanced'.
Duncan Takena Stirling misappropriated $100,000 from his firm's trust account.
In rare bank strike, workers will take a variety of midweek actions.
Financial Times: He pioneered the American LNG boom but now warns of homelessness.
Consultation underway on how the cost of deposit insurance should be shared.
Financial Times: Smaller increase amid signs persistently high inflation is easing.
Can the state-owned bank be a "disrupter"?