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A number of large claim events has dragged down the profits of insurer Tower. The company made a profit after tax of $2.98...
The average KiwiSaver balances of over 65-year-olds has risen in the past four years but still remains well short of what...
The amount of money invested in KiwiSaver fell by $1.536 billion to $87.3b in the March quarter as markets around the world...
A strong economy has helped boost the Bank of New Zealand's half-year profit by 7 per cent to $709 million. The bank's total...
A strong housing market has helped boost ANZ NZ's first half profit by 18 per cent to $1.096 billion. The country's largest...
A "sharp correction" in house prices remains a "plausible outcome" according to the Reserve Bank of New Zealand. The central...
Up to 40 per cent of New Zealanders have regular problems managing their bank account payments leaving them stung by fees...
Over-65-year-olds who want to withdraw all their KiwiSaver funds at once are being hit by delays due to a system issue at...
As Kiwis face rising food and petrol prices, many are already living outside their means, new research has revealed. A study...
New Zealand technology company LanzaTech has announced plans to list on the Nasdaq through merging with a special purpose...
The return of cinema-goers around the globe has helped boost the revenue of software company Vista Group International. The...
ANZ will increase the interest rates on its floating and flexible home and business loans as the first major bank to move...
NZX-listed Precinct Properties NZ will form a new venture with a Singaporean government entity which has the potential to...
The country's largest bank has reopened the door for low-deposit home loan approvals but there's a big catch - they must...
Commerce and consumer affairs minister David Clark says he wants to move quickly to make changes to the consumer credit law...
KiwiSaver funds with a higher exposure to international shares had the strongest performance in the last quarter of 2021...
Strong lending growth and a fall in impairment losses helped drive a 22 per cent rise in cash profits at ASB with the bank...
Heartland Bank says changes to the credit lending law are behind its move to bump up loan establishment fees for consumer...
BNZ customers who want to have a face-to-face meeting to discuss a loan, get advice or open new accounts with one of its...
Fresh off the back of a major shake-up to the default provider regime, Consumer Affairs Minister David Clark has signalled...
An independent report into Westpac New Zealand has found "material shortcomings" in its board's oversight of the bank. Westpac...
ASB is the first major bank to increase its variable home loan rates after the Reserve Bank announced it would increase the...
An increase in large insurance events and large house claims largely caused by fires has dragged down the underlying profit...
ANZ has put a hold on some lending to low deposit home loan borrowers following similar moves made by BNZ and Kiwibank. The...