Mike Hosking: What would $100m gift to Kiwibank get us?
COMMENT: Mike Hosking asks, what the $100m that the Greens want to give to Kiwibank will get NZ. Does it give the Government the right to dictate how the bank operates?
COMMENT: Mike Hosking asks, what the $100m that the Greens want to give to Kiwibank will get NZ. Does it give the Government the right to dictate how the bank operates?
Kiwibank would get a $100 million capital injection to turbo-charge its expansion and create more competition in the banking sector, under Green Party policy.
New Zealand Post, struggling with falling mail volumes, has put its art collection up for sale.
Is Westpac's new ad featuring Richie McCaw less about caring for people and more about public image?
Kiwibank's been accused of unfairly shutting down business bank accounts, prompted by new anti money-laundering laws.
Emails purporting to be from Kiwibank and asking customers to upgrade to a new security system are spam, the bank is warning.
Hundreds of Wellingtonians have had their bank cards blocked after a Kiwibank ATM fell victim to international scammers.
Martin Hutchin sold investment properties in Invercargill and Huntly and was described as a "risk to the community".
Chief executive Brian Roche said NZ Post starts $30m behind each year from the "structural decline" of the mail business.
NZ's five biggest banks continued to show strong earnings growth, but questions are being raised about whether this can be sustained.
The New Zealander of the Year Awards give people the chance to nominate an individual or community organisation that makes them proud to be a Kiwi.
Things are still looking healthy for New Zealand's banks, despite a fall in lending margins at the start of this year.
ANZ and KiwiBank have cut their mortgage rates as speculation grows the Reserve Bank will cut the OCR.
KiwiSaver providers are struggling to move savers out of the default funds despite a requirement by the Government to give people more information on their choices.
The lawyer heading up a legal fight against NZ's major banks over fees says he won't be throwing the towel in despite a ruling in favour of ANZ in Australia.
At least four banks have quietly dropped cash incentives aimed at wooing home loan customers.
Home loans became more affordable last month, with the typical home buyer saving $30 per week on mortgage repayments compared to December.
State-owned Kiwibank has posted a record interim profit of $71 million, and suggested it may commence dividend payments.
More interest rates have been cut following a week of competition by the country's biggest banks to attract house hunters and mortgage holders.
The shortlist for the 2015 Kiwibank New Zealander of the Year Award has been released this morning.
Middle-aged home buyers face being locked out of the property market because banks are worried they are too old to pay off their mortgage before they retire.
Home buyers seeking low-deposit mortgages could find it even tougher to secure funds after Kiwibank said it was suspending new loans.