Business
Banks rush to cut mortgage rates after big OCR drop
It follows a string of pre-emptive cuts by banks to fixed-term rates last week.
Latest from Bank of New Zealand
Stories and analysis from The Northern Express Herald.
King Honey in receivership as Me Today fails to find buyer
BNZ have appointed PwC NZ's Richard Nacey and John Fisk as receivers.
Major NZ bank cuts home loan rates ahead of OCR decision
The Reserve Bank is widely expected to cut the Official Cash Rate tomorrow.
Opinion: The 'Trump effect' on markets
OPINION: Market volatility surged with new tariffs on Canada, Mexico, and China.
Northland dairy goat farmers’ ‘beautiful dream’ sours in battle with Bank of New Zealand
Milking goats has been Barry and Judy Foote's life. Now, they could be left with nothing. Video / Ben Dickens / Jason Dorday
Markets with Madison: Kiwibank’s future
The state-owned bank is raising $500m in a bid to beat big Australian-owned banks. Is a capital injection enough to make it competitive?
Banks stepping up their game in tackling scams and emotional conclusion to Podmore inquest
Banks stepping up their game in tackling scams, Winston Peters under sportlight after media comments and emotional conclusion to Podmore inquest.
Architectural designer admits money laundering, seeks discharge and permanent suppression
The designer helped scammers steal $235,000 from two investors.
Nadine Higgins: How switching banks could benefit you
OPINION: The case for breaking banking loyalty and saving money.
Red carpet rolled out for foreign business | NZ Herald News Update
Red carpet rolled out for foreign business, banking expert claims NZ First misunderstands bank fine and new poll isn't a concern for the government just yet. Video / NZ Herald
Letters: Banks' climate policy could be NZ's saving grace
OPINION: Saving grace or woke climate policy?
'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.
‘A lot don’t get the bonus’: Are those with saving accounts leaving returns on the table?
Which are the best savings accounts among big banks?
BNZ CEO admits denying sex toy brand an account was wrong call
'We didn’t get it right and we need to fix it.'
'Prohibited': Kiwi sex toy company denied BNZ business account
'I would argue that gambling does more harm to society than selling vibrators.'
'I bleed orange but this is awful': Mitre 10 selling properties to repay debt
'Sale of several non-strategic property assets [to] re-cycle capital, reduce debt.'
NZ Herald Live: Christopher Luxon and Nicola Willis speak on OCR news
Christopher Luxon and Nicola Willis speak to media on the OCR news
28-level Auckland office tower half-empty: Why?
'Wouldn’t say it is a ghost tower: it's poised to take advantage of improving conditions.'
Premium NZ golf brand retailer in liquidation after two years
A tough year for retailers as another company goes into liquidation.
Two major banks make big cuts to home loan rates
More relief for mortgage-holding homeowners.
BNZ online services back running after second outage in two days
More than 350 people have reported issues with BNZ's services on the website Downdetector.
BNZ Mobile app, online banking running again: Thousands of customers report error
More than 600 people reported an issue with their BNZ app on the Downdetector website.
ASB cuts rates after Kiwibank's move ahead of OCR decision
Banks are manoeuvring ahead of Adrian Orr's cash rate call.
Two-year home loan fixed rates drop below 6% - but should you take them?
Opinions are mixed on whether they will prove a good option over the longer term.
ELE collapse: Deloitte repaying staff $4.1m owed, BNZ gets full amount
Receivers have collected about 85% of the total amount owed by debtors.
BNZ trims mortgage rates again
The bank is making further cuts to its home loan rates.
Global IT outage a cashless wake-up call? Reserve Bank says keep physical cash for emergencies
Last Friday's CrowdStrike failure saw many unable to buy necessities as computers crashed.
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.
More home loan rate cuts – if you can get them
Rate relief may take time to filter through to households.
Lending limits: How they could impact banks' mortgage books
New restrictions could mean banks won't have a mortgage boom if interest rates drop.