Latest from Banking

The Financial Markets Authority is sounding the alarm over cold-callers touting questionable foreign investment schemes to New Zealand consumers.

An entire industry has grown around handing low-income earners a lifeline to the material rewards of middle-class life, but it comes at a hidden price.

The New Zealand dollar gained against the Japanese yen as improved US economic data bolstered sentiment on global growth.

Do you think the money you have in a bank term deposit is Govt guaranteed? If so, you're wrong, but you're not alone, writes Bernard Hickey.

The idea behind technology startup Eftplus was born out of frustration that's only experienced by an addict who's been denied their "fix".

The Commonwealth Bank of Australia has taken a substantial shareholding in ERoad, two months after the logistics and fleet management company floated on the NZX.

The housing market nationwide is delivering about the rate of capital gain an investor would need to justify buying an average house, says Westpac chief economist Dominick Stephens.

On September 1, I went to the fruit and vege shop and spent $24.03. Twice. Well, that's what the credit card statement said, writes Peter Calder.

Andrew King writes: A recent report showed that Generation Y - those under 28 - were increasingly becoming property orphans and spending their money on travel and shopping.

Catriona MacLennan writes: Low family incomes and high rents are the two key sources of poverty for my legal clients. The third is huge debt associated with car purchases.

The pace of property price increases has eased nationwide, as higher interest rates and lending restrictions take effect. Everywhere, that is, except Auckland.

ANZ Bank union members will be walking off the job tomorrow, after a vote earlier this week to take strike action.