Banks drop interest rates, for some mortgage holders at least
A less aggressive Reserve Bank posture has influenced some big banks to cut mortgage rates. ZB's Andrew Dickens discusses the issues with the Herald's John Weekes. Video / NZHerald
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Latest fromBNZ - Bank of New Zealand
To hike or not to hike - economists divided on RBNZ's big rate call
ANZ is expecting the official cash rate to be raised from 5.5 per cent next week.
Markets with Madison: Deposit demand
The amount of money in bank term deposits has hit $213 billion - up 36 per cent in three years. An ANZ bank executive explains if it will keep paying rates this high and who is better off investing. Video / Carson Bluck
Banks turn up the heat on high-growth funds
ASB & BNZ want a slice of the aggressive investor. Milford CEO responds.
Markets with Madison: High-growth heat
ASB and BNZ have launched high-growth investment funds as more money flows to active managers. How the CEO of Milford Asset Management plans to curb the competition. Video / NZHerald
OCR announcement: Will the Reserve Bank change its interest rate plans?
With a last hike for the year looking unlikely, what does the bank expect for 2024?
Concrete data points to NZ building slowdown
Another fall in concrete production indicates an eventual decline in building activity.
BNZ profits from rising mortgage rates
BNZ's annual profit rose to $1.5 billion, despite the deteriorating economy.
Job adverts decline sharply, Seek report shows
The job market downturn "solidified" in October, BNZ says.
Sharesies users get new instant pay wallet refill option with two big banks
Bigger wallet top-ups cheaper with open banking than using credit card, Apple or Google.
Contactless eftpos plans ahead of legislation changes
Payment provider Worldline is working to get more Kiwis using eftpos.
'Terrible people': Scammers steal $350k from mum as hubby fights for life in hospital
"That money was an inheritance ... and I’ve gone and f***ed it up."
Banks’ preparations for tough times could dampen profits
KPMG sees banks continuing to make provisions for higher bad debts.
Kiwi footwear brand receivership: BNZ owed more than $4m
'Accelerated sale' as supply chain nightmares cause pain.
Scam concerns intrude on big bank probe announcement
The nasty and costly scams have prompted a warning and some advice from ministers.
'They tricked me': Scam victim who lost $330k feels he’s failed his wife, kids
"I feel like something horrible is going to happen to my family.”
Hamilton fast food company insolvent: Staff, bank, finance firms claim over $350k
Sales from a second outlet were lower than expected.
Service sector booms as big crowds return
Service sector expands as end of Covid-19 gathering limits brings in crowds.
Bank profits: Can Govt stop big four from making so much money?
Should banks be raking in record profits during a cost of living crisis?
Has inflation peaked? New data to reveal how high cost of living has risen
Consumer price index data for the September quarter will provide insight into inflation.
BNZ bank cards and internet banking back online after major outage
BNZ customers were unable to use ATM cards or access online banking services for hours.
Business Hub: Dan Huggins
Bank of New Zealand CEO Dan Huggins talks his return to NZ and taking on the role amid the Covid-19 pandemic. Video / NZ Herald
Tenant merry-go-round: BNZ Quay Park staff on the move
Tenant merry-go-round follows announcement on Deloitte shift earlier this week.
Focus Live: BNZ closing 38 branches across NZ
BNZ plans to close eight of its branches on Christmas Eve and a further 30 before the middle of next year. Video / Will Trafford
'Scammers are scumbags': Crooks target vulnerable during virus crisis
Scammers target virus fears to gain access to people's computers and banking records
First female CEO of BNZ
First female CEO of BNZ, Angela Mentis, speaks with the NZ Herald about how being a woman is beneficial to the role of Chief Executive Officer. / Jason Oxenham