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The Reserve Bank of New Zealand has cut the Official Cash Rate by 25 basis points to 3.0 per cent as widely expected and has foreshadowed more rate cuts later this year. read more

The Reserve Bank of New Zealand has proposed halving the number of quarterly disclosure statements by banks in a move to simplify regulation and significantly reduce costs for banks. read more

Despite a recent warning from another New Zealand bank to its customers not to use the Account2Account payment service offered by local payments technology company Payment Express, Westpac NZ has part.. read more

Failed property financier Hanover Finance Group has settled with New Zealand's Financial Markets Authority over claims it misled investors in 2007 and 2008. read more

ANZ New Zealand, which is New Zealand's biggest manager of KiwiSaver funds with over NZ$4.2 billion of funds under management, said new enrolments have more than halved since the Government slashed a.. read more

Commonwealth Bank of Australia's ASB has settled with the New Zealand Financial Markets Authority over the regulator's concerns ASB may have misled rural customers over interest rate swaps agreements. read more

The Reserve Bank of New Zealand surprised most economists and many in financial markets on Thursday by cutting its Official Cash Rate by 25 basis points to 3.25 per cent and forecasting another cut la.. read more

The Reserve Bank of New Zealand has spelled out its proposals to limit highly leveraged lending to rental property investors in Auckland, including allowing a small amount of mortgages with Loan to Va.. read more

The Reserve Bank of New Zealand is hoping to sell the NZClear security settlement and depository business which it has owned and operated for 25 years. read more

The Reserve Bank of New Zealand has issued its final policy decision confirming higher capital requirements for rental property mortgages, although it has extended the transition period for reclassify.. read more