
Sir Ralph Norris banking on a long holiday
Running Australia's biggest bank made Ralph Norris the country's best-paid chief executive and, at times, its most-hated, too. Now, he tells Karyn Scherer, he's looking forward.
Running Australia's biggest bank made Ralph Norris the country's best-paid chief executive and, at times, its most-hated, too. Now, he tells Karyn Scherer, he's looking forward.
Ralph Norris' departure from Commonwealth Bank of Australia doesn't mean the bank will be cutting its Kiwi ties.
Gareth Morgan has unfortunately wounded a good story by denying persistent rumours that his investment business is on the block.
The Serious Fraud Office has laid 21 charges against five people involved with the collapsed South...
The Reserve Bank is not expected to increase interest rates for the rest of this year.
New Zealand's big banks - hit this morning by a credit rating downgrade from Standard & Poor's - say the change shouldn't affect their funding costs.
Standard and Poor's has downgraded the credit ratings of the big four Australian banks and their New Zealand units by one notch, as part of its global review of bank ratings.
Standard & Poor's has cut the credit ratings of 15 of the world's biggest banks - mostly in Europe and the United States - in the first wave of actions under its new, tougher, ratings criteria.
Chorus, now officially demerged from Telecom, has just secured a $1.35b bank facility. Photo / Supplied
Optional feature on Air NZ's new Airpoints cards could revolutionise the travel industry.
The world is really struggling to deal with the consequences of 30 years of debt profligacy...