Business
Bank's stark warning hints at global fallout
Kristalina Georgieva warned inflated prices could mask deeper economic fragility.
Latest from Banking
Stories and analysis from The Northern Express Herald.
Banks and Armourguard clash over future of NZ cash services
Banks want Commerce Commission approval to jointly renegotiate terms.
NZ Herald Morning News Update | Banks cut rates and school attendance improves
NZ Herald Morning News Update | Banks cut rates, school attendance improves and texts reveal Nash swore at minister.
ASB reaches $135.6m settlement in class action dispute, ANZ fights on
The settlement concludes four years of court action against ASB.
Mortgage wars: Why we could soon see a sub 4% rate
Since January there has been a spike in people drawing down short-term loans.
Watch: Woman who received $158k in banking error believed it was 'blessing' from God
Interpol involved as UK bank is believed to have begun civil action to recoup the cash.
Mary Holm: How to open a bank account without a fixed address
OPINION: The Reserve Bank says banks must offer options for people without an address.
Two more banks drop fixed mortgage rates to 4.49% ahead of OCR move
Westpac and ASB join ANZ and BNZ in cutting their one-year rates.
Westpac cuts home loan rates, one-year special falls to 4.49%
The bank’s five-year special rate is also cut, now sitting at 4.99%.
Trump bid to oust Fed governor delayed by top court until 2026
Lisa Cook is the first black woman to serve on the Fed’s governing board.
Another bank drops fixed home loan rate below 4.5% ahead of OCR decision
ANZ's rate drop comes a day after BNZ cut its fixed home loan rates.
An extra $2400 in the back pocket? Major bank makes big rate cut
BNZ's rate drop comes ahead of next week's OCR decision.
Liquidator seeks buyer for failed Auckland food business, with 35 jobs on the line
Gourmet pies, cakes and savouries made by companies hit by a combination of events.
Cameron Bagrie: NZ boardrooms are holding the economy back
The OECD warns weak boardroom skills are stifling innovation and growth.
'Heartless swine': Auckland JP and accountant admits role in $1.8m fraud
Sharma said he never met the victims but had contracts to invest their money in Bitcoin.
Mary Holm: $3000 surprise – How to get back what you are owed
OPINION: Victims must keep bank and contact details current to receive repayments.
Man tries to 'punish' ASB bank with a $5m claim for its allegedly 'deceitful' actions
But the court said his claim was trivial, frivolous and an improper use of its time.
‘We need someone to believe in us’: Scheme tackles Māori home ownership barriers
If trends continue, almost all Māori could be renters by 2061, an ANZ report warns.
Bank offers $4000 to help with renovations as borrower faces forced sale
Nearly 40% of the 5882 cases received last year by the banking ombudsman involved scams.
Liam Dann: New Governor, new era but don't expect big changes to interest rate outlook
NZ's first female Reserve Bank Governor, Anna Breman, brings a formidable CV to the role.
Housing lift ahead: $5m foreign buyers expected to fuel market activity
'More confidence is starting to brew in the economy with interest rates coming down.'
Diana Clement: Is NZ still the Wild West when it comes to financial consumer protections?
OPINION: Kiwibank customers must wait until 2026 for deposit protection in crises.
Mary Holm: My father wants to buy a rental property at 69. Should he?
OPINION: Getting a mortgage at that age could be difficult.
Behind the eight ball: Banks call for sharper Reserve Bank cuts
Pressure is mounting on the Reserve Bank to cut rates sooner after poor GDP data.
New member appointed to Reserve Bank committee that sets the OCR
Agribusiness exec Hayley Gourley has been appointed as a Monetary Policy Committee member.
Bryce Wilkinson: Alarming US public debt means NZ Government should be more prudent
OPINION: Net interest charges reached US$934b in 11 months, more than defence.
Vanishing act: Liquidators still searching for boss of collapsed Auckland crypto firm two years on
Good news, bad news for customers of failed cryptocurrency exchange.
Banking watchdog releases ruling after ANZ staff helped customer send $250k to scammers
The victim claimed ANZ was negligent.
Clients of former financial advisor David McEwen urged to check bank statements
The financial watchdog says it received complaints about suspected unauthorised payments.
ANZ agrees to record A$240m fine for widespread misconduct in Australia
Regulator says ANZ has betrayed the trust of Australians.