Latest from Banking and finance

'Devastating': Worker shortage causes crisis - employers plead for help

Kiwi business owners say New Zealand's labour shortage has reached crisis point.

ASB to repay customers $9m after consumer watchdog warning

The issue affects 48,000 borrowers over an 11-year period.

Liam Dann: Did we just have a recession? Here comes the big reveal

New GDP data is due this morning. Liam Dann looks at what we should make of it.

More property lending restrictions on the way

But it will go through a public consultation before any restrictions come in.

Cheque mate: Death of chequebooks a blow to elderly

At 91, Ian Nelson, for the first time in his life, feels redundant.

Judge rules against third CBL accused's continued anonymity

Businessman fears he would die from a stroke if his name was published in SFO case.

ASB Bank warns of interest rate rises and slowing down of house prices

Slowing house prices and rises in interest rates likely in economic outlook, says ASB.

Investors recover funds stolen by imprisoned Barry Kloogh

Investors have retrieved some of the money stolen from them by Dunedin financial adviser.

New stock exchange for SMEs to be launched

Catalist will target companies that are valued between $6m and $60m.

Westpac boss: Sharing the load at home lightens load for everyone

OPINION: The unwritten rules of home life create disadvantages for men and women alike.

The $1.5b question: Who's really doing the domestic chores in NZ?

Report recommends a more even split of housework and childcare between couples.

Finance expert suggests redistribution of public sector CEO salaries

"Robin Hood"-style policy more effective than Govt-ordered pay freeze, Helen Roberts says.

Clampdown on banks' merchant fees could sink credit card loyalty schemes

Consumers could pay lower credit card surcharges but lose out in another way.

Will this Govt move bring an end to 'No Paywave' signs?

The Government estimates it will save businesses $74 million a year.

Shares trader behind $10m Ponzi scheme loses final appeal bid

Steven Robertson stole millions from his clients to fund a lavish lifestyle.

Skill shortage: Bank can't find staff for risk and compliance

ANZ has around 300 vacancies.

Major corporate permanently cuts 30 per cent office space

The bank has taken advantage of more staff working from home.

BNZ half year profit up 80% to $660 million

The bank has released its results for the six months to March 31.