
BNZ profit falls 23% as tech costs and bad business debts bite
CEO Dan Huggins says customers want emerging economic momentum to continue.
Stories and analysis from The Northern Express Herald.
ANALYIS: Liam Dann answers reader questions on all things economic.
OPINION: The Government could be the first to switch and use Kiwibank instead of Westpac.
OPINION: The Warriors should not entertain ideas of moving permanently to Eden Park.
OPINION: Beaches are for people, dog parks are for dogs, one reader argues.
OPINION: Readers sound warnings over BNZ buyout and demand a capital gains tax debate.
OPINION: That cost equals about $4500 in extra debt for every New Zealander.
The NZ First leader wants a premium-priced government offer made to NAB.
Critics argue expanding Kiwibank with private capital would be a better option.
Change of accounting treatment of software has $352m impact on BNZ's books.
The entire tower was covered in shrink wrap for months during the huge building project.
Kiwi households pay meaningfully more on mortgages than Australians because four banks control 90% of the market. Video / Herald NOW business
Chamroeun Kor used his CK International Holdings account to move almost $170,000 offshore.
Motor Trade Finance debuts at rank 27 with assets of $1228m.
Schools have been left scrambling after a uniform supplier went into liquidation.
Sportclub owes $1.54 million to 291 creditors, including 28 schools nationwide.
The chief executive of Westpac's salary is 55 times the average Kiwi's.
The move puts it ahead of its competitors, which are offering one-year rates of 4.49%.
Andrea Scown, CEO for four years, tells how members are battling the tougher economy.
It comes a week and a half after the Reserve Bank cut the OCR down to 2.5%.
AI-fuelled hype and stretched valuations are unsettling global investors.
Finance Minister Nicola Willis says the move will help first-home buyers.
Kiwibank and BNZ have followed moves by other retail banks yesterday.