Latest from Banking and finance

From Goldman Sachs to 'Suicide Squad'

From Goldman Sachs to 'Suicide Squad': Meet Steven Mnuchin, Donald Trump's pick for Treasury secretary.

NZ business confidence slips

New Zealand business confidence fell in November as pessimistic manufacturers offset upbeat farmers, construction firms and service companies.

Rocketing lending levels worry RBNZ

The amount of money being borrowed to buy houses at five and six times a person's income has grown significantly in the last two years

Housing, dairy still a risk to NZ

High farm debt and inflated house prices remain a risk to New Zealand's financial system.

Mortgagee sales: Fewer lose their homes

Nearly 450 homeowners lost their properties in mortgagee sales during the past 12 months when banks foreclosed on unpaid loans.

Battle for your savings heats up

Banks have increased term deposit rates in a bid to attract customers and fund further mortgage lending.

Loan restrictions hit house development

An Auckland housing developer has complained how new banking lending restrictions are further restricting supply.

Getting a home loan could get tough

Getting a home loan may get more difficult and more expensive in the next year, says ANZ CEO David Hisco.

Property investor borrowing falls $287m

New clamp-downs on residential property investors appear to be working.

BNZ Harbour Quays closed for 'months'

BNZ's Harbour Quays building won't reopen for months following damage to CentrePort in the 7.8 earthquake.

Henry van der Heyden appointed chairman of Rabobank

Henry van der Heyden has been appointed chairman of Rabobank New Zealand Limited, replacing John Palmer who has retired from the board.

Major banks offer financial assistance

Quake-hit customers and businesses have been offered mortgage relief and access to savings.

Paywave cards targeted by young thieves

Children as young as 12 are targeting contactless credit and debit cards in Rotorua.

ANZ's mortgage help for quake victims

ANZ has announced an assistance package for customers impacted by the 7.5 magnitude earthquake on Monday night.

Kiwis losing millions to investment scams

Kiwis are losing millions a year to illegal investment scams that the Financial Markets Authority is trying to crack down on.

Call centre delays after quake

Customers of BNZ and Kiwibank may face delays in getting through to the lenders, with both banks' primary call-centres based in Wellington.

Bernard Hickey: 5 ways Trump could hurt us

COMMENT: If Trump carries out his trade and defence threats, NZ would face the risk of slower global economic growth, higher interest rates and fewer capital flows.

Diana Clement: KiwiSaver is a long-term investment

What made that lemon especially bitter was telling the very satisfied teller that I was doing it so that the children could view their KiwiSaver balances online.