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Browsing Tag

cash

27 posts
HHeadlines
Police arrest 16 in Auckland construction cash‑wage laundering probe
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Police arrest 16 in Auckland construction cash‑wage laundering probe

  • October 7, 2025
Seven people were taken into custody. An ongoing investigation targeting alleged money laundering using cash wages within the…
HHeadlines
BNZ cuts mortgage rates to match rivals ahead of OCR announcement
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BNZ cuts mortgage rates to match rivals ahead of OCR announcement

  • October 6, 2025
ASB, ANZ and Westpac cut their two-year fixed rates to 4.65%. The five major banks, including Kiwibank, dropped…
MMarkets
NZX awaits Wednesday’s Official Cash Rate call - Market close
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NZX awaits Wednesday’s Official Cash Rate call – Market close

  • October 6, 2025
ASB predicts 50bp ASB Bank is expecting the Reserve Bank to reduce the OCR by 50 basis points…
BBusiness
ASB, Westpac cut fixed mortgage rate to 4.49%, latest banks to drop after ANZ, BNZ ahead of OCR
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ASB, Westpac cut fixed mortgage rate to 4.49%, latest banks to drop after ANZ, BNZ ahead of OCR

  • October 3, 2025
The move sees the bank’s fixed one-year rate drop by 26 basis points (bps). Westpac’s fixed six-month rate…
MMarkets
House prices New Zealand: Economists say Official Cash Rate cuts needed to boost market
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House prices New Zealand: Economists say Official Cash Rate cuts needed to boost market

  • October 1, 2025
“This also suggests that mortgage rates could have a bit further to fall yet, especially for floating or…
BBusiness
Hawke’s Bay: Rates arrears concern in Wairoa as amount owing doubles in one year
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Mortgage rate cuts: ANZ drops fixed rate below 4.5% day after BNZ as OCR decision due next week

  • October 1, 2025
She said ANZ was continuing to review home loan rates in response to international and local market conditions,…
NNew Zealand
Mother of missing Auckland woman says daughter had cash when she left SkyCity, spent two hours in hotel’s basement carpark
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Mother of missing Auckland woman says daughter had cash when she left SkyCity, spent two hours in hotel’s basement carpark

  • September 30, 2025
Anderson said her daughter was suffering mental health issues and the possibility that she had cash with her…
BBusiness
Unlocking cash from the family home – The Prosperity Project
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Unlocking cash from the family home – The Prosperity Project

  • September 28, 2025
There are two main equity release options options: reverse mortgages, where you can borrow against the equity in…
BBusiness
Gen Z confidence in financial decisions falls as cost of living bites
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Where to put a lump sum just sitting around – Darcy Ungaro

  • September 26, 2025
Straight up, when your timeframe’s short, just save it. Where? For everyday people, I can think of three…
NNew Zealand
Operation Mexted: Police bust alleged drug-smuggling ring across Auckland, Waikato
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Operation Mexted: Police bust alleged drug-smuggling ring across Auckland, Waikato

  • September 19, 2025
The operation resulted in the seizure of five firearms, $915,335 in cash, 791 grams of methamphetamine, 18g of…
BBusiness
Interest rate markets raise odds of big Official Cash Rate cut in October
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Interest rate markets raise odds of big Official Cash Rate cut in October

  • September 19, 2025
Before the release, BNZ was the most pessimistic of the banks with its forecast of a 0.5% decline…
NNew Zealand
Crown takes Mount Maunganui house, cash, Rolex, car after Hongxia May Chen hired illegal sex workers
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Crown takes Mount Maunganui house, cash, Rolex, car after Hongxia May Chen hired illegal sex workers

  • September 18, 2025
But that wasn’t the end of the matter. Now, $1,117,000 worth of her assets have been forfeited to…
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