Latest from Banking

Luxury Auckland apartments go to mortgagee sale

Major sign of trouble: 33 units in one block up for distressed sale.

Cooking the Books podcast: Four key drivers of cashflow success

Cashflow sounds simple, but it's the biggest killer of businesses.

Mortgage stress expected to double by early 2025, warns Reserve Bank

RBNZ warns times will get tougher for mortgage holders.

House prices set to rise 8 per cent next year - report

High population growth is 'adding to demand', says Westpac's chief economist.

RBNZ: Kiwi mortgage holders particularly exposed to high interest rates

NZ households highly indebted by international standards.

New mortgage lending subdued pre-election, as interest rates kept rising

Will the change of Government see 'mum and dad' investors perk up?

Reserve Bank sees risk of increased NZ farmer defaults

Low dairy, meat and forestry prices are coinciding with high operating expenses.

ANZ lifts mortgage rates again

Some mortgage rates creep close to 8 per cent, while deposit rates hit 6 per cent.

Pop-up Globe revived, seeking funds to repay some of $1m owed

The revival has riled some, who ask how it could carry on while in liquidation.

First-half commercial, industrial, retail property sales $1.2b, down 25pc

Private investors are the single most active group, ahead of syndicates and foreigners.

Judge rules Trump defrauded banks, insurers as he built real estate empire

Trump has repeatedly lied about his riches on his annual financial statements.

KPMG baffled by National’s pledge to ditch financial services conduct law

The law is meant to regulate banks and insurers over how they treat customers.

Sharesies users get new instant pay wallet refill option with two big banks

Bigger wallet top-ups cheaper with open banking than using credit card, Apple or Google.

'Not a good look': ASB should have reported $100K fraud to police

'Where does their liability sit for this if other cases are discovered?'

Consumer confidence plummets further

The big concern for New Zealand households is the pressure on their finances.

'Bizarre': Widow loses $100k in Facebook hacking scam, family furious at ASB

“If the bank had contacted the family we may have been able to recover the funds.”