Latest from Banking

ASB profit up 11 per cent to $1.47 billion

That was despite lower growth in property lending than in its prior financial year.

Housing: Real estate firm unleashes mortgagee sale specialist

'We see an upward trend in demand, now that the funders' policies have been lifted.'

Green finance and emissions tracking coming to Kiwibank

Kiwibank to launch sustainable finance product and emissions tracking capability.

Six banks to expand regional trial

Four more hubs, with ATMs and cash services, are to be added to the trial.

Multi-million dollar class action lawsuit against ANZ, ASB to include all affected customers unless they opt-out

The lawsuit was filed in September last year and could include up to 150,000 customers.

BNZ outage on same day as new Govt handout starts

Big bank says sorry for hassles hampering online customers today.

Why shareholders are nervous as ANZ eyes Suncorp

On the face of it, the A$4.9 billiontakeover looks like a good idea.

Competition heats up for low cost sustainability loans - which bank has the best deal?

Banks compete on low interest energy-efficiency loans.

Third major bank curtails mortgage lending to those with small deposits

Banks tighten up as they come close to exhausting their high-risk lending allowances.

Surviving the Bears: Recession will be hard to avoid amid inflation fight

The Reserve Bank is almost certain to deliver another 50bp rate hike in July.

Bank profits hit another quarterly record - but one makes a loss

But tougher conditions expected to be felt in the second and third quarters.

Tighter criteria: Interest-only housing loans declining

'The effect will be catastrophic. How does this work for people who are suffering?'

Explainer: Why home loan rates are rising so quickly

And are set to rise even further.

ANZ hikes interest rates for second time in a month

The bank has put the changes down to a significant rise in wholesale rates.

How to spot the latest banking scam

Scammers have moved on to phone calls to extract money from the public.

Watch: 'This is where it gets a bit crazy' - Kiwis warned about sophisticated scam

NZ children's book author Malcolm Clarke has posted a viral video warning of the scam.