Banking and financeRetail spending up in November but retail outlook remains ‘cautious’Stats NZ data showed card spending was up across all categories last month.11 Dec 10:46 PM
PremiumPremiumBanking and financeOCR 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?27 Nov 02:30 AM
Banking and financeMortgage relief? Westpac first major bank to start cutting rates againWestpac is cutting a range of its longer-term home loan rates.23 Nov 04:41 AM
Banking and financeWestpac NZ annual profit drops 7pc, says it is well-positionedThe bank reported a net profit of $963 million for September year.05 Nov 10:06 PM
PremiumPremiumBanking and financeNZ 'winning the war on inflation', no more rate hikes needed, Kiwibank saysEconomists are reassessing their interest rate outlooks after inflation data surprised.17 Oct 03:55 AM
PremiumPremiumBanking and financeSolution in reach after Westpac, The Warehouse strikesUnion confident talks made progress after strikes at bank, retailer.13 Oct 01:34 AM
Banking and financeConsumer confidence plummets furtherThe big concern for New Zealand households is the pressure on their finances.22 Sep 12:36 AM
Banking and financeNZ no longer in recession, GDP result exceeds expectationsStrong exports, IT services, manufacturing helped drive growth in second quarter.21 Sep 12:30 AM
PremiumPremiumBanking and financeAre we out of recession? Economists make their picksAfter two quarters of contraction, has the economy rebounded - and can it last?17 Sep 05:00 PM
PremiumPremiumAged careNation of Debt: Kiwis putting more on the plastic to cope with the cost of livingHow the economic slowdown is stretching household budgets.25 Jul 05:01 PM
Banking and financeWestpac, several smaller banks lift home loan rates - againMore banks have announced changes to their home loan rates.24 Jul 06:24 AM
Banking and finance‘Worst two hours of my life': Russell Brown conned by bank scammers'I wouldn't wish how I felt this evening on my worst enemy.'30 Jun 05:08 AM
PremiumPremiumBanking and financeBanks’ preparations for tough times could dampen profitsKPMG sees banks continuing to make provisions for higher bad debts.29 Jun 04:40 AM
Aged careScam concerns intrude on big bank probe announcementThe nasty and costly scams have prompted a warning and some advice from ministers.20 Jun 05:33 AM
PremiumPremiumBanking and financeLower inflation on food prices ‘a long way away’, economists sayAnnual food price inflation is still close to 30-year highs.14 Jun 05:22 AM
PremiumPremiumBanking and financeRetail spending slump signals looming economic downturnCard spending fell for the first time since February.12 Jun 04:30 AM
PremiumPremiumBanking and financeRetail sales down, signs of 'stark' year for Kiwi householdsSome sectors sacrificed as surging cost of living forces tough choices.24 May 05:20 AM
PremiumPremiumBanking and financeWestpac NZ’s boss sees risks of hard landing for NZ economyWestpac chief executive Catherine McGrath says more customers are feeling the pinch.08 May 05:52 AM
PremiumPremiumBanking and financeData shows official inflation rates underestimates Kiwis' true painWho is feeling inflation the most and why.01 May 05:55 AM
PremiumPremiumBanking and financeWestpac customers hit again: Store 'turning people away'The Australian-owned bank has apologised for the second time in a week.10 Jan 04:48 AM
PremiumPremiumBanking and finance$400k gone: The 'sickening gut punch' when you learn you've been scammedThey thought they'd invested $400,000 at Westpac. Weeks later they learned it was a scam.09 Jan 04:00 PM
PremiumPremiumBanking and financeChallenging year ahead, says Westpac NZ CEO Catherine McGrathWestpac NZ CEO says high cost of living and high interest rates will keep pressure on.24 Dec 04:00 PM
New ZealandBank profits: Can Govt stop big four from making so much money?Should banks be raking in record profits during a cost of living crisis?09 Nov 04:00 PM
Banking and financeMore banks move to increase interest ratesSome mortgage rates are now over 7 per cent.21 Oct 03:58 AM
Banking and financeGrant Robertson upbeat despite huge global economic challengesMinister of Finance says any future support for business will be targeted.15 Sep 05:30 AM
PremiumPremiumBanking and financeNZ's recession tightrope walk has banks in guessing game"We are well and truly in an environment of slower growth," says ASB's Nathaniel Keall.11 Sep 05:00 PM
PremiumPremiumOpinionKiwibank 2.0 is 'a wealth of opportunity'OPINION: 'NZ is perhaps the only market that is so dominated by overseas-owned banks.'08 Sep 05:00 PM
PremiumPremiumBanking and finance'1980s shock treatment' not needed: Why NZ will avoid recession - new bank reportWestpac: Economy needs to push through pain barrier because the results will be worth it.16 Aug 05:30 AM
WorldMajor Aussie employers advise working from home during new Covid surgeTwo of Australia's largest employers are instructing their staff to work from home.20 Jul 08:01 AM
Banking and finance'Food, fuel, housing': How much longer will the inflation pain last?Inflation may have reached its peak, but the pain will linger.19 Jul 05:00 PM
PremiumPremiumBanking and financeGDP slump: Why we're not halfway to recession ... yetThe economy will rebound from the Omicron slump, but the real pain may still be to come.16 Jun 05:45 AM
Banking and finance'Another bloodbath': House prices slump again in May for sixth straight monthNew data from REINZ shows house prices sank further in May.15 Jun 05:20 AM
PremiumPremiumBanking and financeGDP preview: Early bets in on path of economic growthEconomists say the first quarter was tough as Omicron kept people home.13 Jun 05:00 PM
BDBDBanking and financeDeloitte says Westpac NZ has made progress on liquidity risk managementRBNZ says it expects Westpac will build on its momentum to date.30 May 05:32 AM