
Anat Admati: Heavy borrowing is addictive
The intense conflict of interest between bankers and the rest of society is captured well in a passage from "Traders, Guns and Money," a book written by former banker Satyajit Das, writes Anat Admati.
The intense conflict of interest between bankers and the rest of society is captured well in a passage from "Traders, Guns and Money," a book written by former banker Satyajit Das, writes Anat Admati.
The Labour Party says says it has identified the Mossack Fonseca client who got approval to buy sensitive land in New Zealand.
Falling interest margins amid a fiercely competitive lending market contributed to a downturn in the New Zealand banking sector's profitability.
Westpac in Australia is stopping lending to foreign buyers of property.
ICBC (NZ) has lifted its loan book by 343 percent.
COMMENT: Australia's banks have taken a hammering on the stock market over the past month or so.
Did you know your money in a bank term deposit is not guaranteed by the Government?
COMMENT: NZ Super Fund's decision to try to buy a 25pc stake in Kiwibank from NZ Post should not be any surprise.
One of the journalists behind the massive Panama Papers leak criticises New Zealand's laws around foreign trusts.
COMMENT: Michael Cullen's always been good at shifting money around without necessarily having to spend it, so what better way to finance KiwiBank than through his fund, writes Barry Soper.
COMMENT: Mike Hosking asks, what the $100m that the Greens want to give to Kiwibank will get NZ. Does it give the Government the right to dictate how the bank operates?
The Westpac-McDermott Miller Employment Confidence Index rose 3.3 points to 104.8 in the March quarter, gaining for a second period from a three-year low in September.
COMMENT: Are the fortress walls of offshore secrecy now finally cracking?
New Zealand has been named in a massive Panamanian document leak as one of the havens used by companies around the world to avoid tax.
Kiwibank would get a $100 million capital injection to turbo-charge its expansion and create more competition in the banking sector, under Green Party policy.
Australia's Reserve Bank is likely to hold the cash rate this month, but the soaring Australian dollar is becoming a concern.
Research from Canstar shows there is a marked difference between the highest and lowest rates on offer at the banks.
Treasury secretary says he's seen no evidence that the policy framework between Reserve Bank and Finance Minister needs to be "radically different."
SPONSORED CONTENT: Chief executive Karen Housays hiring local talent is part of ambitious plans to help develop a bilateral trade relationship.
When it comes to what influences housing markets in New Zealand and Australia, we're all in it together.
COMMENT: Dairy farmers make milk. Banks provide loans. Dairy farmers are part of the private sector. The banks are the same.
Liam Dann finds out how Shayne Elliott went from growing up in Te Atatu to leading ANZ Bank.
COMMENT: The irony is banks have helped Reserve Bank avoid the feared side effect of the rate cut of adding more fuel on Auckland property price fires.
COMMENT: Little gifted National a new weapon to use against his party, the enemy of orthodoxy, writes Audrey Young.
If Labour was in government it would start with "pretty serious talking" with the banks, says leader.