BusinessMajor bank cuts rates for second time in three weeksBNZ and Westpac now have the lowest six-month and one-year rates on the market.17 Jun 09:01 PM
New Zealand'Priority location': Govt announces 189 new homes for Rotorua'We’re backing community-led solutions to address the need here,' Minister says.16 Jun 09:57 PM
BusinessMajor banks halt over-counter deposits into others' accountsANZ stopped accepting deposits into others' accounts last year.15 Jun 07:37 PM
Interest ratesFinal big bank drops home loan rates after OCR cutWestpac announced changes to its six-month and one-year rates today.12 Jun 05:52 AM
PremiumPremiumNew ZealandAuckland businessman sacked from Beca, warned to expect jail sentence for role in $2m scamThe South African costings professional had been earning $200k a year plus bonuses.11 Jun 05:00 PM
Interest ratesAnother major bank cuts mortgage and deposit rates in NZBut it isn't matching other banks which are offering 4.89% over 18 months.08 Jun 11:21 PM
TechnologyTech Insider: Wellington man gets shock $16k bill after using a Google AI-ready toolPLUS: Some good news for fintechs in the open banking war.04 Jun 07:04 AM
New ZealandCritical Westpac rescue mission at Musick PointAt around 3:50pm this afternoon, Auckland Westpac Rescue Helicopter was tasked to assist a patient who had fallen of some rocks at Musick Point, Bucklands Beach. Video / ARHTWatch02 Jun 06:00 AM
New ZealandFinders keepers? Woman who received $158k in transfer error charged with theftThe woman could face up to seven years in prison if convicted.26 May 05:00 PM
New ZealandThree rescued after boat capsizes off Raglan coastThree men in moderate to minor conditions were extracted by winch. Video / Auckland Rescue Helicopter TrustWatch25 May 08:02 AM
PremiumPremiumRetailRegional revival as retail activity rises 0.8% across the March quarterAlmost all industries had their activity rise, although hardware did decline.23 May 12:18 AM
New ZealandTSB blocks probe after staff help customer send $1m to scammers'If they’ve got nothing to hide, why are they trying to evade the Ombudsman?'20 May 05:00 PM
PremiumPremiumBusinessBudget to reveal high watermark for $132b government debtEconomists expect Thursday's Budget to mark peak government debt levels.18 May 05:00 PM
New Zealand‘Dagger through my heart’: JP linked to $1.8m scam unmasked after failed secrecy bidSuren Sharma allegedly helped criminals steal $1.8m from 12 investment scam victims.16 May 05:00 PM
TechnologyKiwi startup lands TikTok as a clientFounder realises he has a blind spot - then corrects it.16 May 02:00 AM
New ZealandUK bank accuses Westpac of ‘critical errors’ after customer sent $158k to wrong account Westpac denies liability, blaming the customer for keying the wrong account details.15 May 05:00 PM
Business‘Rip-off’: App developer and Consumer say fees will stifle open bankingGovernment, banks respond.08 May 11:00 PM
PremiumPremiumBanking and financeNZ banks face repaying $9.2b in cheap Covid loans in coming monthsThe money was borrowed during Covid times at a very low interest rate.07 May 09:00 PM
EmploymentUnemployment remains unchanged at 5.1%The labour market remains subdued despite better-than-expected result.06 May 10:50 PM
PremiumPremiumNew ZealandWestpac CEO intervenes after pensioner loses $158k in bank transfer errorThe money went to an Auckland woman who allegedly spent it on cars and transfers.06 May 12:00 AM
PremiumPremiumSharesMarket close: NZ sharemarket rebound continuesComposure is returning to markets after an unruly April. 05 May 05:57 AM
PremiumPremiumBanking and financeFloating rate fad helps Westpac's profit grow 10%Bank reports $525 million profit in six months.05 May 04:37 AM
New ZealandPensioner who lost $158k gets bank refund after woman's 'spending spree'Andrew Che Sit Bong, 78, lost his savings due to a single-digit mistake.02 May 05:00 PM
BusinessWestpac fined $3.25m for misleading customersBank's 'systems were insufficient', says Judge. 02 May 12:16 AM
BusinessWestpac apologises after online banking goes down, leaving customers frustrated Some say the glitch has meant they can't pay their bills or transfer money for petrol.30 Apr 10:42 PM
New ZealandWoman who received $158k in bank transfer error could face charge, jail time: expertThe money was allegedly used for cars and sent to a boyfriend and a relative.29 Apr 05:00 PM
New ZealandWoman’s 'spree' after $158k banking error, refuses to return pensioner’s life savingsAndrew Che lost his retirement savings due to a one-digit bank transfer error.26 Apr 05:00 PM
New ZealandBanks to reimburse fraud victims up to $500,000 under new rulesNew tech will identify risky transactions and freeze suspect accounts.23 Apr 06:00 AM
New ZealandWaikato rescue helicopter crash caused by 'vortex ring state', investigation findsIt marks what may be the first crash directly caused by the phenomenon.16 Apr 06:18 PM
Banking and financeBNZ fixed loan rate falls to 4.95% as major banks trim mortgage ratesSpecial rates are being offered under 5% after the OCR dropped 25 basis points.15 Apr 09:43 PM
BusinessWhat Trump’s tariffs mean for mortgage interest ratesThe new US tariffs have shaken international markets, causing a global share plunge.05 Apr 12:47 AM
PremiumPremiumBusiness‘Manageable’ impact: NZ faces $900m hit from US tariffsWeaker global demand is likely to depress commodity prices, says Westpac's Kelly Eckhold.03 Apr 03:35 AM
New Zealand‘Scammers don’t sleep’: FMA under fire for delayed scam alert after retiree loses $1mThe FMA took 47 days to issue a scam warning, during which a retiree lost $1m.31 Mar 04:00 PM
PremiumPremiumBusinessASB: ‘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.30 Mar 04:00 PM
