Banks blame red tape for behind the ball on innovation
Reserve Bank says leaving banks to their own devices hasn't worked.
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Latest from Westpac
Unemployment preview: How hard has the economic downturn hit the labour market?
New employment data this week will reveal the impact on jobs.
Westpac outage: Irate customer says CEO should apologise to public
Customers are dismayed over the malfunctioning of Westpac online banking.
How fast will house prices lift next year?
House prices are set to rise throughout 2025, says Westpac.
Westpac online glitch flares up again for some
Gremlins return, to the frustration of some perplexed bank customers.
Resilience the key as franchise sector grows by $10 billion
The franchise model has shown resilience, growing in turnover during the pandemic.
Westpac online glitch affects some overseas customers
Mum says son was running out of money overseas after online glitch.
Two major banks make big cuts to home loan rates
More relief for mortgage-holding homeowners.
Banks set date to introduce key anti-scam measure, reimbursement question still hanging
Watchdog says it's 'shameful' banks took so long to introduce confirmation of payee tech.
ASB cuts rates after Kiwibank's move ahead of OCR decision
Banks are manoeuvring ahead of Adrian Orr's cash rate call.
Housing, infrastructure, cyber threats: McGrath's key concerns
Bipartisan approach to infrastructure can’t wait.
Confidence in job market falls to lowest since first Covid lockdown
A survey shows the employment outlook continues to soften.
Man rescued after vehicle drops 15m on to roof
A man was airlifted to hospital after his vehicle dropped 15m off a road on to its roof in the Coromandel. Video / Auckland Rescue Helicopter Trust
'Gross negligence': Family to sue banks after disabled son lost $250k in scam
Neither NZ nor Australian police are investigating the fraud due to a miscommunication.
How former MP Simon Power ended up at Fisher Funds - and his most indulgent spending moment
"We’re having discussions about 3 or 4%...In Australia, they’re debating 11.5 and 12%"
Inside the Westpac rescue helicopter
Inside the Westpac rescue helicopter with the NZ Herald. Video / George Heard
Auckland Westpac Rescue Helicopter rescues paraglider
One person has critical injuries after a paraglider crash on a cliff at Auckland’s popular Muriwai Beach. Video / Supplied
Why Kmart's expansion is more bad news for The Warehouse
What analysts think of Kmart's plans for a new store at Westgate.
Watchdog launches probe after Westpac helped pensioner withdraw $300k cash
It's alleged staff stuffed $23k into an envelope and handed it to the 89-year-old widow.
Westpac cuts home loan rates as highly competitive market continues
Westpac now has the lowest advertised two-year rate among the five major banks.
Watchdog launches probe after Westpac customer loses $323k in scam, bank CEO 'sorry' for huge loss
Westpac's CEO is confident it had acted appropriately and 'exercised our duty of care'.
Editorial: Boosting Kiwibank a no-brainer but finding right investors key
OPINION: Outside investors in Kiwibank will need to have the right priorities.
ComCom banking report due out – how will the Govt respond?
What's already been said and done to improve banking competition.
'You were blinded by greed' judge says of lawyer convicted of mortgage fraud
Francis Peters, one of five members of a family charged by SFO, sentenced.
Official Cash Rate tipped to hit 5% by year’s end
One bank has updated its OCR forecast, and now expects a drop in October.
Mortgage war? Banks competing hard to win customers
Some rates have eased in anticipation of the Reserve Bank lowering the official cash rate.
ANZ reverses house price forecast, expects 1% fall
Three aspects of house prices and interest rates have been revised in new research.
Mortgage wars: Major NZ bank undercuts rivals by lowering home loan rates again
The bank has cut its home loan rates for the second time in three weeks.
Westpac touts potential of shared home ownership schemes, but will it actually take on more risk?
Community housing providers accuse banks of being too risk averse.
More home loan rate cuts – if you can get them
Rate relief may take time to filter through to households.
Inflation fall puts October rate cut on the cards - ASB
As the inflation rate drops close to the target range, calls for early cuts are growing.
World Bank throws lifeline to Pacific islands
An exodus of Western banks prompts concern that China could fill the vacuum.
Liam Dann: Are we winning the inflation battle? Verdict due this week with CPI data out
Consumer Price Index data should confirm whether November rate cut hopes are on the mark.
Man winched to safety after medical event on boat off Bay of Islands
A man in his 40s was winched to safety off a boat 12 nautical miles off the Bay of Islands after suffering a medical incident. Video / Supplied