Banking

‘I would be very disappointed’ if banks passed costs of a new prudential levy onto their customers, Finance Minister Nicola Willis says

‘I would be very disappointed’ if banks passed costs of a new prudential levy onto their customers, Finance Minister Nicola Willis says

Government introduces new levy on banks, non-bank deposit takers, insurers and financial market infrastructure providers which is estimated to raise $209 million over the next four years

Government introduces new levy on banks, non-bank deposit takers, insurers and financial market infrastructure providers which is estimated to raise $209 million over the next four years

Reserve Bank files anti-money laundering court proceedings against The Co-operative Bank, parties suggest $1.425m penalty

Reserve Bank files anti-money laundering court proceedings against The Co-operative Bank, parties suggest $1.425m penalty

Kiwibank customers can now access open banking-enabled payments and data sharing through internet banking and the bank's app

Kiwibank customers can now access open banking-enabled payments and data sharing through internet banking and the bank's app

Live-stream of the May 2026 RBNZ Official Cash Rate review press conference with Governor Anna Breman

Live-stream of the May 2026 RBNZ Official Cash Rate review press conference with Governor Anna Breman

MinterEllisonRuddWatts' lawyers look at MBIE's consultation on payments regulation, asking whether it's time to regulate payment services in New Zealand

MinterEllisonRuddWatts' lawyers look at MBIE's consultation on payments regulation, asking whether it's time to regulate payment services in New Zealand

Australian parents of NZ's major banks facing reduced mortgage growth following changes to property-related tax concessions

Australian parents of NZ's major banks facing reduced mortgage growth following changes to property-related tax concessions

Ministry of Business, Innovation and Employment asks whether payment services regulation is fit for purpose

Ministry of Business, Innovation and Employment asks whether payment services regulation is fit for purpose

Consumer NZ says no bank reached threshold for its People’s Choice Award for first time in a decade

Consumer NZ says no bank reached threshold for its People’s Choice Award for first time in a decade

Jovan Pavlicevic argues banking competition is about whether the system is structurally capable of producing new winners rather than just who owns what

Jovan Pavlicevic argues banking competition is about whether the system is structurally capable of producing new winners rather than just who owns what

New survey details how mortgage brokers rank banks and non-banks, and what they want from them

New survey details how mortgage brokers rank banks and non-banks, and what they want from them

NZ First wants to buy BNZ from its Aussie parent, and merge it with Kiwibank to create 'a National Bank of New Zealand', says Winston Peters

NZ First wants to buy BNZ from its Aussie parent, and merge it with Kiwibank to create 'a National Bank of New Zealand', says Winston Peters

Australia's federal budget will reduce property investors' borrowing power and lead to slower house price and credit growth, analysts say

Australia's federal budget will reduce property investors' borrowing power and lead to slower house price and credit growth, analysts say

Chairman of Kiwibank's parent company says work on alternative growth scenarios at early stage as politicians weigh in on ownership

Chairman of Kiwibank's parent company says work on alternative growth scenarios at early stage as politicians weigh in on ownership

Government urges Kiwibank parent company Kiwi Group Capital to work on ‘alternative growth scenarios’ after the bank ditched a $500m capital raise

Government urges Kiwibank parent company Kiwi Group Capital to work on ‘alternative growth scenarios’ after the bank ditched a $500m capital raise