![Ombudsman fields gripes over banks' behaviour](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Ombudsman fields gripes over banks' behaviour
The banking ombudsman has had 10 complaints about the loan-to-value-ratio (LVR) changes introduced on October 1, with eight related to banks withdrawing prior approvals.
The banking ombudsman has had 10 complaints about the loan-to-value-ratio (LVR) changes introduced on October 1, with eight related to banks withdrawing prior approvals.
People trying to sell their homes may have to fork out an extra $230 to have the property listed on Trade Me - on top of fees they already pay.
One of NZ's largest home builders says new loan restrictions have cost it 24 new-home builds in the first month alone - and it expects more as the policy bites.
An Auckland software company has secured $4 million in new capital, which it will use to expand its presence in Australia and establish a base in the United States.
The first funding commitment has been made through a joint agreement signed last year between the Government-backed venture capital funds in this country and Taiwan.
The FMA yesterday called on issuers of investment statements and prospectuses to "lift their game" after its report on the industry following its guidance note of June last year.
Negotiations between the United States Justice Department and JPMorgan have hit a stumbling block that has put the talks at risk.
Having the capability to build end-to-end meat processing and packaging systems is helping Milmeq win major deals on the world stage, says chief executive Mike Lightfoot.
A "carrot" rather than a stick should be used to encourage people to move to ultra-fast broadband and keeping slower internet prices higher is the wrong way to get them to switch.
New Zealand Oil and Gas shareholders voted yesterday not to pay reparation of $3.41 million to the Pike River families.
The price of newly-listed Meridian Energy instalment receipts edged higher this morning.
Analysts expect power company's stock to keep trading above its issue price after gaining 8% on first day.
Botulism scare avoidable if responsibility passed swiftly to top management: review chairman.
The amount of money allegedly stolen from one of the country's largest freight companies in a long-running fraud can now be revealed.
That the scare turned out to be the result of a false positive test does not mitigate the need for Fonterra to up its game, writes Fran O'Sullivan.
The High Court has given ANZ/ National Bank customers until December 13 to sign up to a lawsuit against the bank over fees, according to a group taking the case.
An Auckland man is furious his pre-approved home loan was withdrawn less than 24 hours after he called his bank and was assured the deal was sound.
Justice Minister Judith Collins says she believes China is serious about clamping down on corruption under its new leadership.
An independent inquiry into Fonterra's botulism scare has revealed a broken torch sparked the contamination scandal.
In part 2, telecommunications writer Hamish Fletcher asks whether Chorus is set to get a $450m windfall or is this just a fair return?
Fonterra failed to recognise the "explosive reputational risk" involved in the botulism scare, an independent inquiry has found.
Meridian Energy's shares debuted at $1.08 after tepid demand in the initial public offering saw the stock sold at the bottom end of its indicative range.