Latest from Banking and finance

Tens of thousands of workers set to return to offices

Offices 'just like land-based cruise ships' - Calder

Liam Dann: Why this week is one of the biggest in NZ's economic history

With the surreal drama of lockdown almost behind us, the real economic grind begins.

Revealed: Just $23m of $6.25b Govt-backed loans made by banks

Take-up of the Business Finance Guarantee Scheme has been slow.

Mortgage wars: Record low - banks cut rates to less than 3 per cent

The is the first time interest rates have dipped below 3 per cent.

BNZ boss defends banking sector after govt criticism

BNZ boss Angela Mentis says banks are playing their part to keep businesses going.

ANZ loses bid to strike out action over ponzi scheme

Bank has strike out application dismissed.

Covid-19 will cause sharper down-turn than GFC, Westpac boss says

Westpac boss David McLean believes New Zealand could come out of recession quickly.

BNZ accused of sabotage by former business partner

Claims of deceit and conspiring against the company behind failed Swipe HQ.

Job crunch: How bad will unemployment get?

New data on Wednesday will show unemployment on the rise. How bad it gets is not yet clear

Could next season's milk price be better than thought?

Not everyone is gloomy about next season's milk price.

Banks to charge as little as 0.8% on govt-backed business loans

But rates vary.

Food, fuel and wages: What Covid economy will do to cost of living

Today's inflation data will show wage and price rises, but economists say it can't last.

Reserve Bank governor: Time for banks to be 'courageous'

Reserve Bank says banks are strong but will always struggle if unemployment surges.

ANZ made multiple breaches of RBNZ requirements - Deloitte

Unapproved models ranging from wholesale credit to credit cards found in report.

Covid-19: Westpac flags A$1.4b hit

Money laundering compliance issues, customer refunds and asset write-downs take their toll

From the Warehouse to Destiny Church - the Kiwi businesses taking up Govt's wage subsidy scheme

The Warehouse has been paid $52 million through the wage subsidy scheme.

Paywave limit raised amid coronavirus concerns

Limit finally raised .. mostly.

New numbers show Kiwis rushing to banks for mortgage help

The number of New Zealanders seeking help from their bank to pay the mortgage has surged.