|Seismic concerns prompt banks to leave Auckland mall|
Two of New Zealand's biggest banks have shut branches in a large Auckland shopping centre over seismic concerns with some older parts of the mall.The banks closed within a day of each other last month, although rival ASB remains...
© 2017 NZ Herald 1:45pm First-home buyers told to grab market opportunity
If first home buyers are waiting for the right time to jump in, The Block's auction fizzer on Sunday night was a sign that now is the time. BNZ chief economist Tony Alexander said the house price cycle "petering out", with help from the banks tightening their lending criteria, meant opportunities were opening up. Prices have started to stagnate, particularly in Auckland, and turnover has dropped by as much as a third, year-on-year, in parts of the country. Reserve Bank statistics show that the amount of lending being done per month to investors fell by about $1 billion between July 2015 and July 2017.
© 2017 Stuff.co.nz Fri 10:35am
Apartment buyers left in debt as Aussie banks 'pull plug'
Up to 5000 apartment buyers could be left tens of thousands of dollars in debt after borrowing deposits for unbuilt units they cannot get the remaining funds for.Martin Dunn, of estate agency City Sales, said Australian banks had...
© 2017 NZ Herald Fri, 15 Sep 5:55pm Wellington firm Alphero counts banks, Fonterra, TAB among its clients
It all began six years ago when Caroline Dewe starting scribbling on a napkin in the middle of a coffee shop.
© 2017 Stuff.co.nz Tue, 12 Sep 12:55am Chch council leaves river banks long to boost whitebait
The Christchurch City Council is letting the banks of some of Christchurch's rivers go unmown in a bid to encourage more whitebait to spawn within the city.
© 2017 RadioNZ Sun, 10 Sep 7:55pm Banks drag heels on customers trying to leave
Hayley Warren took a lesser-trodden route to home-ownership.
© 2017 Stuff.co.nz Sun, 10 Sep 5:15am Dramatic Banks Peninsula cliff rescue after man gets stuck
He's not too far from the top, but a long way from the bottom - and that proved a problem for a man who became stuck on a Banks Peninsula cliff face this morning.The man became stuck 20 metres from the top of the cliff at Boulder...
© 2017 NZ Herald Fri, 8 Sep 3:55pm
Ron Rule: How and why the banks give you a 'sucker score'
Your credit score should really be called a "sucker score".Why? Because it's a number that exists for only one reason: to tell banks how much money they're going to be able to make off of you. The higher it is, the more of your...
© 2017 NZ Herald Sat 2:45pm North Korea: Trump signs new order to widen sanctions
The US measures will target individuals and firms, including banks, that trade with North Korea.
© 2017 BBCWorld Fri 10:35am Sheldon Slabbert: Emerging markets may be cure
Since the onset of the Global Financial Crisis (GFC) a decade ago, we have experienced the greatest expansion of credit in economic history, with more than US$14 trillion ($19.3t) of liquidity injected by the major central banks....
© 2017 NZ Herald Thu 10:15am A tale of two campaigns: Food banks and corporate offices
National and Labour were busy campaigning today ahead of their final debate tonight, with Bill English at big corporations and Jacinda Ardern at a union meeting.
© 2017 RadioNZ Wed 7:05pm Reserve Bank revamps rules for bank outsourcing to avoid failures
The Reserve Bank has released its revised policy for banks which outsource services, tightening the rules to ensure the banks continue to function in the event of failure
© 2017 sharechat.co.nz Wed 5:45pm Kiwi banks need to get more digital: Expert
New Zealand's banks have moved to put a digital front on their business but are still a long way from being digital natives says a banking expert.Andy Symons, a former BNZ executive who is now a partner at accounting firm PwC specialising...
© 2017 NZ Herald Mon, 11 Sep 11:55am Scott McLaughlin banks on flying Frenchman for Supercars success
Scott McLaughlin will put his hopes of winning this year's Supercars championship in the hands of Alex Premat, and is delighted to do so.
© 2017 Stuff.co.nz Sun, 10 Sep 5:15am Fletcher Building gets $345M additional debt facilities from 3 existing syndicate banks
Fletcher Building, whose leverage almost doubled in 2017, said it has arranged an additional $345 million of debt facilities with three banks in its existing syndicate
© 2017 sharechat.co.nz Fri, 8 Sep 5:25pm