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Reader poll

National will be able to form a government without NZ First's support.
45% (64 votes)
National will need NZ First's support to be able to govern.
25% (35 votes)
Labour, the Greens and NZ First will be able to form a government.
22% (31 votes)
We get a hung parliament or minority government.
8% (11 votes)
Total voters: 141

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Credit Cards news

Posted in Personal Finance

Clean, green and up to our necks in debt

International report confirms NZ is a world leader in its consumer credit to personal disposable income ratio

Apple Pay - 'banks should be worried'

Apple Pay expected to take a slice of banks' payments revenue

NZ's biggest consumer finance business GE on the block

GE Capital looking to sell its Australasian consumer finance operations, but keep its commercial finance business

Kiwibank grows credit card marketshare

Helped by Air NZ airports cards, Kiwibank grows credit card marketshare by 40 basis points

F&P Finance redeems just $3.3m of deposits

Fisher & Paykel Finance 'really pleased' with Q Card securitisation, mulls payments-technology initiatives

Moven & Westpac's 'permissions platform'

Brett King of Moven on the mobile banking app becoming the primary financial relationship between bank and customer

Q Card securitisation underway at F&P

F&P Finance launches $283.25 mln Q card receivables securitisation programme

GE Capital's recruitment drive

Seeing growth opportunities in a strong economy, GE Capital has a major recruitment drive underway

Westpac goes solo with digital wallet

Updated
Westpac trialling host card emulation mobile contactless payments where customers' card detail is stored in the cloud; Won't be part of TSM launch that's set for Q4 of this year

Harmoney sees $12b opportunity

P2P lender excited by opportunity given NZ banks 'have margins between borrowing and retailing that you can drive a truck through'

Fair Play on Fees cases on ice

Exception fee cases against ANZ and Kiwibank on hold pending outcome of appeal in Aussie ANZ case

Range of winners likely in govt banking tender

Strong digital flavour to long awaited govt banking tender with 'significant transition' seen if new suppliers appointed; Consortia bids possible; Cheques to go

Kiwibank welcomes levelled playing field

Removal by RBNZ of requirement for Kiwibank 'double dipping' for capital requirements, and alignment with big 4, cheered by state owned bank

What happened Wednesday

A review of things you need to know before you go home on Wednesday; soft mortgage approvals, lower Fonterra payout, strong SUV sales, big Govt bond sale

What happened Tuesday

A review of things you need to know before you go home on Tuesday; more social housing help, lower KiwiSaver fees, credit card fights for market share, higher wholesale rates

MasterCard NZ profit up 20%

MasterCard NZ posts 20% rise in annual profit, cuts incentive payments to merchants

What happened Monday

A review of things you need to know before you go home on Monday; employment confidence up, business confidence in sharp slide, consumers drive debt growth, 90 day bill rate now 3.64%

What happened Friday

A review of things you need to know before you go home on Friday; Westpac ends 'specials', raises some rates, credit stress low, trade surplus high, China trade ahead, wholesale rates up

What happened Thursday

A review of things you need to know before you go home on Thursday; record high TWI, swap rates jump, BNZ raises rates, big services focus, big council budget

What happened Wednesday

A review of things you need to know before you go home on Wednesday; new tax plan, another great NZSF result, high dollar casualty, soft mortgage market