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Banking and finance news
‘All offers considered’: Vacant $74m Takapuna plot up for grabs after liquidation
Company in receivership and liquidation owes a Smale family entity $76.2m: report
Opinion: Why Labour’s banking claims ring hollow
Credit unions felt ignored by Labour during financial reforms.
Apartment developer declares insolvency owing $3.76m
Unexpected cost rises, Covid delays, cooling market blamed for development failure.
'Shocked': Kingsland Apartments owners get $36m minimum fix-up bill
Owners of 2-bedroom places get three choices: $350,000, $643,000 or $800,000 fix-up bill.
ANZ follows rivals, cutting mortgage and savings rates
Bank's one-year fixed mortgage rates particularly competitive.
QV figures: How much has your home lost since the market peak?
We can't say 'peak to trough' because we don't yet know if we have hit rock bottom.
Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.
‘Full throttle’ - IRD steps up January liquidations for unpaid tax
Inland Revenue confirmed a busy start to the year with the number of court applications.
Hannah McQueen: Why earning good money won’t make you rich
Liam Dann talks to Hannah McQueen, founder of financial strategy firm EnableMe.
Bluestone Home Loans sold to ASX-listed Challenger for $597m
Challenger told Bluestone clients with direct debits that nothing would change for them.
Doing it tough: What households are dropping to cut costs
KiwiSaver holidays and insurance downgrades are some of the big cuts Kiwis are making.
Du Val downfall: From champagne, private jets to receivership and $250m debt
It was a lifestyle of flashy opulence - until the money ran out.
Ten most valuable deals by foreigners trading NZ assets in latest year
Value of deals in 2024 was less than half the value of those the previous year.
‘We didn’t have any food in the house’: NZ's highest paid female exec on childhood trials
ASB chief Vittoria Shortt talks to Liam Dann about her banking journey.
Legislation, losers and lessons: Andrew Bayly’s 2024
Minister Andrew Bayly sat down with Tom Raynel to discuss his 2024, and what comes next.
Fake lawyer claims: Kiwi fraudster labelled ‘charlatan’ in Dubai court
New Zealander with colourful history finds himself in third continent's courts.
Unconsented building work non-disclosure sees agents fined $18,000
Three Barfoot & Thompson agents pleaded guilty to unsatisfactory conduct in the case.
Du Val court hearing pencilled in
Judge this week will be considering PwC’s application for information in the case.
Florida funder loaned $28.2m to Rotorua housing project
Liquidator expects no loss to customers.