Latest from Banking and finance

Why are Kiwis so bad at managing their bank accounts?

Many miss loan payments and credit card bills.

Retail spending dips in March as petrol prices bite

Omicron-related nervousness likely to remain a drag on spending for some time.

OCR preview: Rates sure to rise - but by how much?

Odds are evenly split on the RBNZ delivering a double shot to interest rates this week.

Darcy Ungaro: My home, my castle - but what about an investment vehicle?

Many say it's not "valid" but consider the "low-cooked passive property-profit strategy".

More Kiwis worried about rising costs than Covid's impact on economy

Many make spending changes, but expert says "people aren't panicking, they are adjusting".

Equitise fined $7500 for failing to file accounts on time

The company has also been late filing a number of other reports.

Liam Dann: The brain drain returns as NZ reboots migration

Labour shortages will get worse before they get better.

Heartland to buy Australian livestock finance business

The deal is expected to add A$10-12 million a year to Heartland's bottom line.

Banks' handling of home loan applications stirs protests

Home lending complaints rose sharply in the last quarter of 2021.

Inflation likely to add $150 a week to living costs - ASB

New reports from ASB and ANZ economists point to much tougher year ahead for economy.

Consumer confidence falls to lowest level since GFC

The confidence of younger people has fallen sharply as living costs have started to bite.

Regulator pulled up for poor handling of conflict of interest by former CEO

But review found the conflict of interest did not impact KiwiSaver default appointments.

Liam Dann: GDP underwhelms, points to tougher year ahead

The economy rebounded out of the Delta lock down but the data didn't beat expectations.

New FMA boss plans to tackle wholesale investment

Wholesale investments and cybersecurity are in the sights of new regulatory head.

GDP preview: Is the economy still strong?

Strong GDP growth in late 2022 will provide a solid foundation for tackling inflation.

Liam Dann: Inflation is now Ardern's biggest problem

"It's not our fault" is not a sustainable political strategy, even if it is largely true.

KiwiSaver provider Simplicity told to remove misleading advertising by regulator

FMA says Simplicity's adverts breached fair dealing provisions.

Record profit: NZ banks made more than $6 billion in 2021

Strong mortgage lending and a write-back in impairments were the main drivers.