Banking & Finance
Fighting the Aussie invasion
State-owned Kiwibank has grown from an absolute minnow to being on the cusp of promotion to the premier league.Maier for Hubbard's CEO role
BUSINESSWIRE
South Canterbury Finance, whose shareholder was forced to inject funds and underwrite bad loans last year, has named Sandy Maier as chief executive.
Bank satisfaction falls in NZ
BY ANDREW JANES - © Fairfax NZ News
New Zealanders are becoming slightly less satisfied with their banks, with customers of minnow TSB and state-owned Kiwibank likely to be the happiest.
Loan trap for rental vendors
BY MARTA STEEMAN - © Fairfax NZ News
Be warned. Investors with a rental property they want to sell should check how much the bank lender wants repaid.
BNZ bill might go up to $820m
© Fairfax NZ News
The Bank of New Zealand could face an even bigger bill after losing its $654 million case against the Inland Revenue Department, perhaps more than $820m in total.
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