Fitch warning on debt puts pressure on Nicola Willis, Reserve Bank Governor pushes back on market panic – Inside Economics
That sentence needed reading twice. A rating downgrade would have been a real shock … a downgrade to…
Iran issues its largest-ever currency denomination as spiraling inflation ravages financial sector
Iran’s economy was already crashing before the U.S. and Israel launched a war against the Islamic republic three…
Hamilton man Justin Ponga worked with ‘friend from church’ to launder money for bank scammers
While he avoided jail time, Judge Nevin Dawson warned him that, if he returned to court with further…
BNZ joins Westpac in lifting mortgage interest rates, 5-year term biggest jump
The changes are effective immediately, the bank said. BNZ has lifted its mortgage interest rates today. Photo /…
NZX unbothered by Aussie cash rate lift – Market close
The Reserve Bank of Australia increased its cash rate, as expected, by 25 basis points to 4.1%, saying…
ASB class action payout: Why $571 credits are appearing in nearly 200,000 accounts
“Didn’t even know this was going on, thought someone accidentally put it in my account.” Several others wrote…
Rotorua man Johdeci Te Kani admits manslaughter of mate Fabien Takerei-White in high-speed crash
Both Te Kani and his passenger, Fabien Takerei-White, weren’t wearing seatbelts and were “ejected” from the car. Takerei-White…
Former Waikato police officer sentenced for fleecing $68k from vulnerable victim
The frightened woman was too scared to open the door and cowered and hid. The now former officer…
Sir John Key backs digital banking, hits out at Reserve Bank push for more cash access
He was named chairman of its advisory group in March last year. Key said the push to go…
Auckland Airport parking tap-and-go fault takes $2643 from user’s bank account
After returning on March 1, he was inadvertently charged another $2643 when tapping his card to verify and…
Nicola Willis and David Seymour attack ‘alarming’ Barbara Edmonds Reserve Bank remarks
The attack referred to Edmonds’ remarks, which suggested returning the Reserve Bank to a dual mandate, which tasked…
Survey shows investors turn away from housing, plus … are Aussie bank profits too big? – Inside Economics
Be wary of overly dramatic headlines. The numbers will tell the best story. That’s because when it comes…