'Burning cash' - insider on Mitre 10's 'horrific' software system upgrade
Auditors PwC: Cited disruptions to operations from that IT upgrade.
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Latest from BNZ
28-level Auckland office tower half-empty: Why?
'Wouldn’t say it is a ghost tower: it's poised to take advantage of improving conditions.'
Will falling interest rates weaken bank profits? BNZ boss weighs in
Dan Huggins: Banks' abilities to cut deposit rates are limited in a competitive market.
BNZ among those to lose money from boat company collapse
Unsecured debt holders face being wiped out following boat firesale.
Premium NZ golf brand retailer in liquidation after two years
A tough year for retailers as another company goes into liquidation.
Fraud, theft and luxury cars: Every lawyer struck off in the past five years
When struck off, a lawyer cannot hold a practising certificate or practise law in NZ.
Two major banks make big cuts to home loan rates
More relief for mortgage-holding homeowners.
BNZ online services back running after second outage in two days
More than 350 people have reported issues with BNZ's services on the website Downdetector.
BNZ Mobile app, online banking running again: Thousands of customers report error
More than 600 people reported an issue with their BNZ app on the Downdetector website.
Banks set date to introduce key anti-scam measure, reimbursement question still hanging
Watchdog says it's 'shameful' banks took so long to introduce confirmation of payee tech.
ASB cuts rates after Kiwibank's move ahead of OCR decision
Banks are manoeuvring ahead of Adrian Orr's cash rate call.
Options for whānau to build on Māori freehold land
BNZ’s standard home criteria can secure a home loan for housing on Māori owned land
BNZ trims mortgage rates after US Fed decision
The move came after the Fed kicked off a new era of monetary policy easing.
Family-owned Tauranga motorhome business goes into liquidation owing $400k
The Tauranga-based company sells and repairs recreational vehicles and caravans.
Supreme Court rejects Beca appeal over demolished Wellington BNZ
Beca failed in the High Court and the Court of Appeal so took matters to Supreme Court.
'Just hang up': Pensioner's devices hacked, identity stolen during cunning Spark scam
The scammer spoke to the pensioner by phone for three hours while controlling his devices.
Wellington cafe suffers ‘worst sales day ever’ as job cuts bite
Cafe owners say crunch worse than during Covid and making a profit is 'near impossible'.
ELE collapse: Deloitte repaying staff $4.1m owed, BNZ gets full amount
Receivers have collected about 85% of the total amount owed by debtors.
BNZ predicts 7% increase in house prices by 2025 amid falling interest rates
Prices will be flat this year but increase 7% next year, bank economist says.
BNZ trims mortgage rates again
The bank is making further cuts to its home loan rates.
Cambodian baker migrants fail to get order to stop BNZ selling Auckland home
BNZ became concerned that it made the loan based on false information presented to it.
Editorial: Boosting Kiwibank a no-brainer but finding right investors key
OPINION: Outside investors in Kiwibank will need to have the right priorities.
BNZ cuts rates for first-home buyers
Borrowers with less than 20% equity will be able to access standard rates.
ComCom banking report due out – how will the Govt respond?
What's already been said and done to improve banking competition.
'Darkest before the dawn': Reserve Bank cuts OCR, banks slash rates
It's one of the most hotly anticipated interest rate calls this year.
Mortgage war? Banks competing hard to win customers
Some rates have eased in anticipation of the Reserve Bank lowering the official cash rate.
Mortgage wars: Major NZ bank undercuts rivals by lowering home loan rates again
The bank has cut its home loan rates for the second time in three weeks.
More home loan rate cuts – if you can get them
Rate relief may take time to filter through to households.
Lending limits: How they could impact banks' mortgage books
New restrictions could mean banks won't have a mortgage boom if interest rates drop.
Gloriavale suffers setback in battle to keep BNZ accounts open
Court of Appeal case to set legal precedents for banking sector.
Liam Dann: Recession or not, economic downturn will get worse before it gets better
Key parts of the economy are crashing while population growth flatters the headlines.
Arrest warrant, border alert issued for accused money launderer after court no-show
The man is accused of laundering nearly $250k in stolen money from two scam victims.
Claims NZ bank manipulated govt bond sale, costing taxpayer $33m
The complaint centred on the pricing of govt bonds issued in August 2022.
Builder failed working for Kāinga Ora, liquidators now trying to recover money
BNZ, Fletchers, Carters, Steel & Tube, plumbers and roofers are among those owed money.