Watchdog launches probe after Westpac helped pensioner withdraw $300k cash
It's alleged staff stuffed $23k into an envelope and handed it to the 89-year-old widow.
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Australia’s top banker defends lifting bonus caps
Financial Times: CEO says competition in mortgage market trumps regulators’ concerns.
Westpac cuts home loan rates as highly competitive market continues
Westpac now has the lowest advertised two-year rate among the five major banks.
Bank-switching among mortgage holders hits record high
The Commerce Commission believes banks could still make it cheaper for customers to leave.
KiwiSaver fund that has returned nearly 400%
KiwiSaver has seen remarkable growth this year, particularly in more aggressive funds.
Watchdog launches probe after Westpac customer loses $323k in scam, bank CEO 'sorry' for huge loss
Westpac's CEO is confident it had acted appropriately and 'exercised our duty of care'.
TSB fined $2.47m for charging ‘unreasonable’ fees
The Commerce Commission took legal action after TSB self-reported the issue.
Cambodian baker migrants fail to get order to stop BNZ selling Auckland home
BNZ became concerned that it made the loan based on false information presented to it.
ANZ customers experiencing difficulties with card transactions
The issue is only impacting online and fuel purchases.
Class action against ASB, ANZ could have 100,000 customers
The multimillion-dollar claim was filed in the Auckland High Court in 2021.
Editorial: Boosting Kiwibank a no-brainer but finding right investors key
OPINION: Outside investors in Kiwibank will need to have the right priorities.
Kiwibank CEO open to foreign investment; says bank might need more capital soon
The bank might need more capital in a few years' time if it keeps growing quickly.
‘Decade-long affair’ sparks legal battle at 160-year-old bank
Lender alleges former executive helped colleague secure large pay rises and promotions.
ASB cuts fixed mortgage rates
Bank moves a week after the Reserve Bank cut the official cash rate.
Letters: Tuku Morgan blaming the wrong people for tense race relations
OPINION: Also in today's letters – the PM's shaky Aussie trip; how to tackle boy racers.
ComCom vs RBNZ: How will Willis divvy up the cost of insuring your savings?
Will she favour the approach of the Reserve Bank or the Commerce Commission?
Political Roundup: The Big Four banks' oligopoly saved from radical reform
OPINION: 'Every day Kiwis are ripped off by the Big Banks.'
Inside Economics: Where to now for rates? Market odds v RBNZ forecasts
OPINION: Liam Dann on post-OCR cut fallout and a preview of big US Fed shindig in Wyoming.
Mortgage break fees: Businesswoman shocked at $15k charge to change banks
A reason to watch those rates: changing banks could cost thousands.
Nicola Willis responds to report calling for stronger Kiwibank, open banking
'Disruptive maverick' needed for the sake of consumers, watchdog says.
ComCom banking report due out – how will the Govt respond?
What's already been said and done to improve banking competition.
OCR coming down, how far will home loan rates fall?
Banks have already cut some rates.
Major bank slashes short-term home loan rates amid 'competitive environment'
Homeowners are the big winners as banks scramble to offer competitive rates.
'Complete and utter 180 u-turn': Mortgage relief for home owners in surprise OCR cut
The major banks immediately moved to slash mortgage rates after the OCR cut.
'Biggest flip-flop ever': Top economist slams Reserve Bank
Bank has cut the official cash rate by 25 basis points to 5.25%.
Prime Minister Christopher Luxon and Finance Minister Nicola Willis on the lower OCR
The Reserve Bank has cut the official cash rate by 25 basis points to 5.25%. It is the first cut since March 2020.
NZ stocks celebrate OCR cut with 2% gain
The market has given its verdict on the Reserve Bank's cut in the Official Cash Rate.
'Darkest before the dawn': Reserve Bank cuts OCR, banks slash rates
It's one of the most hotly anticipated interest rate calls this year.
Liam Dann: Rate cut signals victory in inflation war
Despite debate about grim May forecasts, the RBNZ looks to have landed in the right place.
‘Absolute tragedy’: Father died outside Parliament amid fight to save elderly mum’s waterfront home
A bank is forcing the sale after $40,000 mortgage arrears built up over three years.
ASB's profit comes off its peak, CEO’s pay package jumps
CEO Vittoria Shortt denies the bank's resilience is a reflection of risk aversion.
Would investors want to buy into Kiwibank if it had to stay NZ-owned?
Investors open to buying shares with conditions put on them — at the right price.
Scammer duped pensioners out of $337k in elaborate ruse involving 'covert' police sting, 'fake' currency
The scammer listened on the woman's phone 'from her pocket' when she visited the bank.
OCR explained: What can we expect, and what does the interest rate mean for you?
What exactly is the OCR and what are the experts predicting?