Outrage you can bank on

Outrage you can bank on
NZ banks make money, but they also keep the system sound. (Image: Getty)
Paul McBeth
Bank of New Zealand will kick off the latest round of bank earnings, which is sure to get up the nose of anyone who thinks they’re getting squeezed by their bank. ANZ Bank NZ – the country’s biggest by some margin – follows that up on Friday and Westpac on Monday. Don’t be surprised if we get a bank chief executive on the 6pm news – bankers aren’t ever flavour of the month and we’ve already had the Reserve Bank of NZ's (RBNZ) governor, Adrian Orr, fanning the flames by calling out ba...

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025
Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025