Latest from Banking

Heartland profit better than expected but dividend cut

Heartland Group has reported a full year profit for the year to June 30.

Heartland secures new funding for reverse mortgage business

Deal will allow Heartland to continue expanding in Australia.

How to run a bank from home: BNZ's unfazed boss

Angela Mentis says she started work at 4.30am while in Australia under the first lockdown.

Negative cash rate could dent confidence, Westpac boss warns

The Reserve Bank of New Zealand has continued to signal its intention to go negative.

Overseas phone scammers on the rise

Several millions of dollars have been taken by overseas phone scammers.

Labour to unveil blitz on bank fees in new policy today

It is understood Labour's small business policy will address NZ's high paywave fees.

Nation of Debt: How Covid is changing the way we borrow

New Zealand's total gross debt is now $603.5b - about $120,000 per head of population.

MetService latest NZ organisation to be hit by targeted cyber attack

The weather forecaster was hit by a DDoS (distributed denial of service) attack today.

How low can they go? TSB drops mortgage rate to 2.49%

TSB claims to have the lowest one and two-year home loan rates in NZ.

Covid-19: Bank boss' dire prediction

Banking boss says Covid-19 has left its offices largely vacant.

The dilemma banks face over mask wearing

Should customers wear a mask when they enter a bank branch?

Business Hub: RBNZ bracing for the long haul

RBNZ chief economist on why he's looking through current the lockdown crisis.

Mortgage deferral scheme to be extended

The Reserve Bank has reached an in-principle agreement with the banks.

Bank boss backs extension to mortgage deferral scheme

ASB boss would like to see an extension of the mortgage deferral scheme.

ASB boss says economy will be in for bumpy ride after change in alert levels

ASB has announced a 20 per cent drop in its cash profit for the year to June 30.

Banks close Auckland branches to prepare for 3-day lockdown

Banks have moved quickly to prepare for going back into lockdown.