Latest FromBanking
![Government underwrites Kiwibank expansion](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Government underwrites Kiwibank expansion
The Government has underwritten Kiwibank's growth plans by providing its parent NZ Post with a backup funding facility it can draw on in emergencies.
![<i>Fran O'Sullivan</i>: Still waiting for answers on $45 million](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Fran O'Sullivan</i>: Still waiting for answers on $45 million
Accountant John Hepburn claims the $45.5m dividend payout to Watson and Hotchin cannot be justified.
![The great credit card swindle](/pf/resources/images/placeholders/placeholder_l.png?d=793)
The great credit card swindle
New Zealanders are paying about $10 million a month more in interest on their credit cards than they should be.
![Kiwibank not profitable enough, Norris says](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwibank not profitable enough, Norris says
Kiwibank has undercharged for too long and is reaping the fruits of not being profitable enough, Ralph Norris says.
![ASB Bank profit dips, impairments nearly halve](/pf/resources/images/placeholders/placeholder_l.png?d=793)
ASB Bank profit dips, impairments nearly halve
Profits have dipped at ASB Bank, but loan impairment charges have halved.
![Fed details US debt shopping plan](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Fed details US debt shopping plan
The Federal Reserve has voted to buy US Govt debt in a fresh bid to spur the world's biggest economy.
![Capitalism 'still the only game in town'](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Capitalism 'still the only game in town'
The financial crisis offically began three years ago.
![Kiwibank joins rivals, lifts rates](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwibank joins rivals, lifts rates
Kiwibank has joined ANZ, Westpac and TSB today, moving to increase floating mortgage rates and cut longer term fixed rates.
![Allied Nationwide reinvestment rate slips below 30pc](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Allied Nationwide reinvestment rate slips below 30pc
Alllied Nationwide Finance had a debenture reinvestment rate of 29.3pc in May.
![Bank runaways still enjoying millions in China](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bank runaways still enjoying millions in China
Rotorua's runaway millionaires continue to enjoy their ill-gotten fortune in Hong Kong and there is nothing NZ police can do about it.
![<i>Inside Money:</i> OneWay to rebrand a bank](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Inside Money:</i> OneWay to rebrand a bank
I am going to resist the temptation to make fun of ING's new Australasian name: OnePath.