Banks drop loan sweeteners
At least four banks have quietly dropped cash incentives aimed at wooing home loan customers.
At least four banks have quietly dropped cash incentives aimed at wooing home loan customers.
A legal fight over bank fees has been put on hold to await the outcome of a similar court case in Australia.
The NZ dollar has risen to a new post-float high against the Australian dollar - the closest it has come to parity since being allowed to trade freely in 1984.
The New Zealand dollar continues its almost daily flirtation with Aussie dollar parity, reaching another record high on the cross rate as expectations began to mount that the Reserve Bank of Australia would soon cut its official interest rate for the seco
Mortgage payments for Auckland's most affordable homes are costing first-time buyers nearly half their take-home pay each week, a new report shows.
An "inveterate fraudster" who scammed more than $200,000, including from a top judge, conned bank call centre staff into giving him access to internet bank accounts.
The New Zealand dollar rose to a record against the Australian dollar on speculation the Reserve Bank of Australia will cut interest rates again.
Kiwi-owned banks are well ahead of their Aussie counterparts, according to a new customer satisfaction survey - and their bosses say they're not surprised.
The Government has yet to decide whether to join a multilateral bank to finance infrastructure in Asia, an initiative led by China but opposed by the US.
CBL Insurance appears to be forging ahead with its sharemarket listing plans, with talk of a potential float raising as much as $120 million and valuing the company at $300 million to $400....
Thousands of BNZ customers are set to lose the ability to earn airpoints on credit card transactions, though the bank is offering a new cash-back incentive.
Air New Zealand is dropping BNZ in place of Westpac as its official Airpoints partner.
Janet Yellen wants to be less predictable, if only a little.
Westpac is facing a claim that it made misrepresentations to get a long-standing commercial customer to buy interest rate swaps that lost it $3 million.
A resurgence in property prices means LVR "speed limits" are likely to stay in place, Standard & Poor's says in a report that predicts banks will continue to post strong earnings growth....
Police are hunting a NZ bank executive who left Australia after learning an investigation had been launched into his alleged receiving of kickbacks.
Shopping around for a mortgage could save New Zealanders up to $28,500 over the lifetime of a loan, according to a new survey of home lending.