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New Zealand's Commerce Commission has widened its investigation into the way at least three banks lent as much as NZ$4 billion to farmers through deals based on wholesale swap interest rat.. read more

Standard and Poor's has warned of a significant risk of a sharp correction in New Zealand property prices that could force it to lower the credit ratings of the big four Australian-owned banks. read more

New Zealand is pushing ahead with plans for macro-prudential tools that could impose limits on loan-to-valuation ratios for mortgages. read more

TSB Bank has leapfrogged both NAB's BNZ and Westpac in New Zealand's KiwiSaver market by buying a 26 per cent stake in Fisher Funds Management. read more

New Zealand's newest registered bank, Heartland Bank, has reported a near tripling of first half operating profit, thanks to lower operating costs and a slump in funding costs as its bank registration.. read more

Kiwibank reported a 53 per cent rise in first-half profit, but says its need for capital to back strong lending growth means it still needs to raise extra capital in the next year or two. read more

Commonwealth Bank's New Zealand subsidiary, ASB, reports first-half cash profit growth of seven per cent. read more

National Australia Bank's BNZ subsidiary has put New Zealand's third largest commercial construction company Mainzeal into receivership. read more

Westpac New Zealand has confirmed it has stepped back from a costly battle for mortgage market share. read more

Reserve Bank of New Zealand figures released yesterday show total bank lending rose almost NZ$1 billion in the month of December, and rose at its fastest annual rate in five years in 2012. read more