credit cards
Credit bureau Equifax says credit card hardship has jumped 33% as household budgets tighten and people use revolving credit to absorb daily expenses
Credit bureau Equifax says credit card hardship has jumped 33% as household budgets tighten and people use revolving credit to absorb daily expenses
Already the country's biggest bank, ANZ NZ wants to 'grow across the board,' new CEO Ben Kelleher says
Already the country's biggest bank, ANZ NZ wants to 'grow across the board,' new CEO Ben Kelleher says
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Latest Centrix data finds home loan arrears remain at their lowest level since December 2022, but broader credit demand stays mixed
Latest Centrix data finds home loan arrears remain at their lowest level since December 2022, but broader credit demand stays mixed
Md Akhtaruzzaman looks at whether Australia's ban on card surcharges could lead to a rise in tax evasion
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Md Akhtaruzzaman looks at whether Australia's ban on card surcharges could lead to a rise in tax evasion
'Licensing is not the finish line': FMA says post-CCCFA transfer, the regulator is focusing on engagement with consumer credit lenders and outlining ongoing conduct expectations for the sector
'Licensing is not the finish line': FMA says post-CCCFA transfer, the regulator is focusing on engagement with consumer credit lenders and outlining ongoing conduct expectations for the sector
Westpac NZ’s September card spending shows a 1.4% monthly increase and a 7.7% annual increase in retail activity driven by soaring fuel costs
Westpac NZ’s September card spending shows a 1.4% monthly increase and a 7.7% annual increase in retail activity driven by soaring fuel costs
Latest Centrix data shows financial hardship on the rise with personal loan hardship volumes surging
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Latest Centrix data shows financial hardship on the rise with personal loan hardship volumes surging
[updated]
August’s electronic card data shows NZ retail spending dropped by over $200 million compared to July
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August’s electronic card data shows NZ retail spending dropped by over $200 million compared to July
Westpac says retail spending scored a 2% gain in July as the FIFA World Cup drove up hospitality spending, but fuel prices continue to keep household budgets offside
Westpac says retail spending scored a 2% gain in July as the FIFA World Cup drove up hospitality spending, but fuel prices continue to keep household budgets offside
Credit cards losing favour, especially with younger people, as digital payments rise in popularity
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Credit cards losing favour, especially with younger people, as digital payments rise in popularity
Electronic card spending took a dive in June, with Westpac expecting retail spending levels to rise ‘only gradually’ in the coming months
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Electronic card spending took a dive in June, with Westpac expecting retail spending levels to rise ‘only gradually’ in the coming months
Commerce and Consumer Affairs Minister Cameron Brewer not admitting defeat on surcharge ban proposal
Commerce and Consumer Affairs Minister Cameron Brewer not admitting defeat on surcharge ban proposal
Much touted surcharge ban 'remains the Government's intention', Nicola Willis says, despite waning support
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Much touted surcharge ban 'remains the Government's intention', Nicola Willis says, despite waning support
ANZ card spending rose 1.8% in May month-on-month, and 4.8% compared to May 2025, with the bank’s chief economist citing a 'strong' spending lift
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ANZ card spending rose 1.8% in May month-on-month, and 4.8% compared to May 2025, with the bank’s chief economist citing a 'strong' spending lift
Commerce and Consumer Affairs Minister Cameron Brewer says National still supports a surcharge ban, Labour to reserve position until second reading while Greens say the Bill doesn’t need to die
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Commerce and Consumer Affairs Minister Cameron Brewer says National still supports a surcharge ban, Labour to reserve position until second reading while Greens say the Bill doesn’t need to die