Gone in three months: Kiwi victims lose $9m to brazen scammers
Scammer have drained nearly $9m from victims in the last three months.
Scammer have drained nearly $9m from victims in the last three months.
The restrictions have come off how much the NZ banks can pay to Australian parents.
Akahu founder says raising awareness will be key.
'Whoever has ultimately targeted the man, they’ve known what they were doing.'
Scams accounted for a financial loss of $11.9 million last year.
Ray Johnson lost $49,000 and wants Westpac to refund the money.
Being cool isn't part of the Reserve Bank governor's role.
New CEO has talked in the past about turning the platform into an 'everything app'.
OPINION: Finance Minister should be taking steps to reinforce RBNZ's focus & independence.
Banks will be required to share a customer's data with rivals.
OPINION: It's no accident that Jacinda Ardern took aim at New Zealand's banks.
OPINION: Our editorial on the political furor around bank profits.
Should banks be raking in record profits during a cost of living crisis?
The bank has announced a profit increase of 7 per cent to $1.4 billion.
Strong business and home lending has helped drive BNZ’s profit up.
Bank says it has a plan to support those borrowers.
Amid market volatility and rising living costs, Westpac releases full year financials.
Speed at which stimulus money was deployed may have exposed data gaps.
Some borrowers who bought houses in 2021 are now in negative equity.
Westpac says it is not liable for the stolen money.
The Reserve Bank has been "stress testing" how banks would cope in a severe scenario.
Hybrid working has become more of a permanent shift for some businesses.
"They have these ads, 'The bank with a heart'. F***ing heartless."
The bank is keeping a close eye on rising interest rates and unemployment.
Consumers' desire for normality and strong property market boosted the bank.
But depositors will still be going backwards after inflation is taken into account.
McEwan says some of the fallout from Covid lockdowns is still to come.
Some mortgage rates are now over 7 per cent.
But he isn't advocating for a five day a week return.