In response to the recent cut in the Official Cash Rate (OCR) by the Reserve Bank of New Zealand, both Kiwibank and BNZ have announced reductions...
The Auckland Savings Bank (ASB) has agreed to pay $135.6 million to resolve a class action lawsuit alleging violations of the Credit Contracts and Consumer Finance...
The Reserve Bank is poised to announce a reduction in the Official Cash Rate on Wednesday, but the extent of this cut remains uncertain. Economists are...
Westpac has announced a reduction in its one-year special interest rate to 4.49%, aligning its rates with those of BNZ and ANZ. This change reflects a...
Business confidence in New Zealand maintained its resilience in September 2023, with the manufacturing sector indicating a potential recovery. According to the latest survey from ANZ,...
The Reserve Bank of New Zealand (RBNZ) has reduced the official cash rate by 25 basis points to 3%, responding to signs of a stalled economic...
BNZ has announced a reduction in its fixed home loan rates, anticipating a cut in the official cash rate (OCR) next week. The bank will lower...
A sophisticated scam has emerged in New Zealand, marking the country’s first SMS blaster attack. The operation, which took place in July 2023, involved a 20-year-old...
The Commerce Commission of New Zealand has dismissed a complaint lodged by Federated Farmers alleging that major banks colluded by joining a United Nations climate initiative....
Australia and New Zealand Banking Group (ANZ) has rejected a settlement proposal of up to $300 million from lawyers representing a large group of customers in...