It's an affordability issue, not necessarily a bubble.

Found it hard to make an online complaint about your bank's services? You may not be alone.

October 2015 may just be remembered as the month when the great Australian housing boom came to an end.

Our new Banking Ombudsman brings a strong sense of empathy to her work sorting out ordinary people's complaints in the sector.

Banks earnings will be in focus as Federal Reserve officials respond.

A $3 million test case between a motelier and Westpac over interest rate swaps was called off before a judge had the chance to decide the dispute.

Retail spending on electronic cards rose for a fifth month in September, led by an increase in expenditure on durable goods.

A New Zealand resident known as "Big Nose" was one of six brokers that helped convicted trader Tom Hayes manipulate bank rates by acting as middlemen.

Westpac has retained the lucrative contract for the bulk of the Government's banking services.

ANZ's choice of Elliott to replace the outspoken Smith shows the board wants to stick with its Asian Strategy.

Top business leader slates financial sector elite as "burden".

Want to know what central bankers will do in the next few years? There's a Bank of England website page you need to read.

New Zealand shares fell in a global sell-off yesterday, as investors were cautious about economic growth.

The only global body to sound major warnings ahead of 2008 is worried debt levels have again reached extreme levels.

Years after the great housing bust, so-called liar loans - made without verifying people's finances - are creeping back into the US market.

State-owned bank now offering six-month rates of 5.19 per cent - and 4.59 per cent for a two-year term.

Most economists expect the bank to now retain an easing bias, with some tipping the rate to drop to 2 per cent.

New Zealanders have $146 billion saved in the bank - and the interest payments many depend on are falling quickly.

The kiwi dollar has fallen by a full US cent this morning after the Reserve Bank cut the official cash rates to 2.75pc.

The New Zealand dollar has advanced ahead of the Reserve Bank's official cash rate announcement this morning.

Global equity markets gained and commodity markets rallied overnight, triggered in part by a late surge in Chinese equities.

The mortgage rate war is heating up ahead of a widely tipped rates cut on Thursday, with ASB now matching the 4.35pc rate BNZ unveiled last week.

Traders have put 78 per cent odds of Reserve Bank governor Graeme Wheeler cutting the official cash rate.

European Central Bank President Mario Draghi was asked last week whether his institution should consider revising its 2 per cent inflation target.