BNZ fixed loan rate falls to 4.95% as major banks trim mortgage rates
Special rates are being offered under 5% after the OCR dropped 25 basis points.
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Latest from Westpac
What Trump’s tariffs mean for mortgage interest rates
The new US tariffs have shaken international markets, causing a global share plunge.
‘Manageable’ impact: NZ faces $900m hit from US tariffs
Weaker global demand is likely to depress commodity prices, says Westpac's Kelly Eckhold.
‘Scammers don’t sleep’: FMA under fire for delayed scam alert after retiree loses $1m
The FMA took 47 days to issue a scam warning, during which a retiree lost $1m.
ASB: ‘If economic recoveries are cars – New Zealand is more Prius than Ferrari’
An ASB economist outlines the 'good, the bad and the ugly' of the recovery.
Watchdog launches probe after ANZ helped victim send $250k to scammers
ANZ refused liability saying there were no indications of fraud or 'red flags'.
‘Negligence to the eyeballs’: Westpac under fire in $2m laundering case
Carel Viljoen laundered nearly $2 million in an investment scam.
Employment confidence slumps to 2020 post-Covid lockdown lows
The good news is the unemployment rate is believed to be nearing its peak for this cycle.
‘I make some money out of it’: Interview with a $2m money launderer
A scam victim who lost $1m says: “I’ve failed as a husband to protect my wife".
‘Anxious as s***’: Businessman guilty of money laundering linked to $2m scam
The victims thought they were investing in high interest bonds but lost nearly $1m each.
Construction sector likely to pick up, but not immediately
The construction sector had a tough end to 2024, so when might things improve?
‘I’ve lost so much’: ANZ under fire for blocking $1m fraud investigation
Consumer NZ says the victim is powerless and something needs to change.
More mortgage rates tumble after OCR cut
Another major bank has cut its fixed-term rates.
Editorial: Alarming numbers of young Kiwis leaving – will they ever come home?
OPINION: Latest migration stats show concerning brain drain trends.
Nadine Higgins: How switching banks could benefit you
OPINION: The case for breaking banking loyalty and saving money.
Listen: ‘Appalling on all levels’ – Experts slam ANZ for failing to prevent $250k scam
The victim says ANZ's failures directly contributed to her loss.
ASB drops some mortgage rates
Big bank says competition on interest rates is fierce.
Property Insider: Fixing Ryman’s sinking Edmund Hillary hub; Britomart revitalisation turning 20
Site was rubbish dump, says boss of Mainmark, drilling through floor slabs up to 4m down.
Market close: Manawa Energy shares sink on merger uncertainty
Trading was solid on the NZ sharemarket the day after the Waitangi public holiday.
‘Huge relief’: Kiwi scam victims get some of their life savings back
The victims claimed Westpac failed in its duty of care by not conducting proper checks.
'Totally dropped the ball': ANZ staff helped scam victim send $250k to known 'money mule'
The victim is shocked to learn the bank was on notice about the suspect account.
Big-ticket items a no-go as consumer confidence falls
More Kiwis now think it's a bad time to buy a major household item in bad news for retail.
'It's not going to work, mate': Seymour wants bank capital rules reversed
The Associate Finance Minister has revived a years-long debate about banking regulation.
Westpac cleared after tellers help elderly widow withdraw $300,000 cash before death
It’s alleged that staff once gave $23,000 stuffed into an envelope to the woman.
Aerial footage of tornado’s destruction through Mangawhai as the clean up begins
An Auckland rescue helicopter was tasked to Mangawhai to assist a male patient following a tornado on January 26, 2025. Credit: Westpac Auckland Rescue Helicopter
‘He scammed me too’: CEO denies laundering $1.53m, says he was also duped
'I stand to be incarcerated. Who will look after my boys?'
Mortgage wars: Another major bank cuts home loan rates as competition heats up
Kiwis can now get 5.99% six-month rates from three major banks.
Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.
Employment confidence rises despite looming 5% unemployment rate forecast
Job market may have stabilised despite concerns over jitters.
Westpac NZ admits overcharging customers $6.35m
Westpac's conduct affected a total of 24,621 customers.
Housing for hapū: families move into $20m Ōrākei housing development
'Some people can’t remember anyone in their family owning a home.'
Watch: 'Confirm those last digits' - Credit card scammer captured on call
A customer outwitted the 'smooth and urbane' scammer.
Westpac listens and reacts to a scam call an alert customer recorded
Westpac Financial Crime Intelligence Manager Jessica Channing listens and reacts to a scam call an alert customer recorded. Video / Westpac NZ
Nadine Higgins: How to navigate the low equity minefield in NZ home loans
OPINION: Low-deposit borrowers face higher rates as banks reflect greater lending risks.