Latest from Banking and finance

New mum shocked by 90-day return to work mortgage condition

Bank says it will approve loan only if mother returns to work within 90 days of birth.

Damien Venuto: Government's good intentions fall short in lending law fiasco

The unintended consequences of legislative changes are hitting mortgage applicants.

Why takeaways and Uber could now hurt your home loan chances

Banks now require a detailed breakdown of spending habits.

How much are landlords borrowing to buy investment properties?

Data shows whether the new rules have had an impact on the investment category.

Odd things about 2021's largest property sale in NZ

Curious twists, turns in largest commercial property sale of 2021: here's why

'It's ridiculous': 27 days before bank picks up home loan application

More home loans likely to be declined as banks 'deeper dive into your finances'.

Economists pick the top five trends to watch in 2022

The outlook couldn't be more complex but here's where economists are looking for clues.

Kiwibank backs off from 'avocado on toast' references for first home buyers

The line has been removed from the bank's website.

Summer questions: ASB CEO says NZ needs a plan beyond Covid

Vittoria Shortt expects 2022 will be another bumpy ride.

FMA revokes first firm's transitional financial advice provider licence

Regulated financial advisors for retail clients must hold, or operate with, a FAP licence.

GDP Preview - How much damage did Delta do to the economy?

Third quarter GDP will show a big fall, reflecting the nationwide lock down

FMA takes legal action against Kiwibank

The proceedings allege the bank made false or misleading representations over fee waivers.

BNZ to require customers to be vaccinated for face-to-face meetings

But there will be no change for customers doing over the counter transactions.

Auckland investor loses $700,000 in overseas scam

It has prompted a warning from the financial regulator, urging people to spot red flags.

The stress test just one out of NZ's 10 largest banks passed

The Reserve Bank has tested both the solvency and liquidity of the banks under pressure.

The cost of inflation: Real wages going backwards - ANZ report

Inflation has hit beneficiaries and superannuitants hardest in the past decade.

Mortgage rates have shot up but deposit rates haven't - are banks ripping savers off?

Deposit rates have risen but not as far as mortgage rates.

Gender equality not happening at the expense of men - ANZ boss

ANZ CEO responds to Australian survey finding showing many men are over it.