Latest from BNZ - Bank of New Zealand

ANZ, BNZ bosses in no hurry to follow Reserve Bank’s advice on insurability of property

The Reserve Bank believes more risk-based pricing could improve financial stability.

ANZ increases cash profit as net interest margins get squeezed

The bank is New Zealand's largest.

Stock Takes: Sky TV chair's million-dollar share buy-up

And the food still in demand from financially-strained Kiwis.

'Chasing rainbows': Home buyers getting fussy while vendors seek 'Lotto win' sales

'I think the market's bottomed out and it is consolidating now.'

Ombudsman under fire, Wayne Brown’s blunt email and posties voice concerns | Focus Morning Bulletin March 18, 2024

Ombudsman ruling called out as ‘victim blaming’, Wayne Brown fires up in an email over raised crossings and NZ Post’s new plan in the latest NZ Herald headlines. Video / NZHerald / New Zealand Story

BNZ director Douglas McKay calls time

BNZ chairman and former Auckland Council boss to step down.

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

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.

'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?