Latest from Banking and finance

RBNZ takes Co-operative Bank to court over anti-money laundering breaches

The Co-operative Bank has admitted liability and accepted responsibility.

Non-bank lenders shut out of Govt’s new gas transition loan guarantee scheme

Industry group questions Government's commitment to improving competition among lenders.

Saying no: Retirement village operator Oceania fails to sell $227m of new properties

Oceania Healthcare’s 2026 full-year result shows the amount of unsold development stock.

NZ's top finance professionals: Deals of the year revealed

Who won what and why? The big winners at the Infinz Awards.

NZ First's BNZ buy-up plan could cost Govt about $24b

Critics argue expanding Kiwibank with private capital would be a better option.

Ikea boost helps Kiwi Property boss to $1.78m pay as profit slips 11.5%

Sylvia Park's mall has been enhanced after Kiwi sold land and then built NZ's first Ikea.

How new land deal could fast-track the St James Theatre’s return

Getting access to the theatre's south side for $50m upgrade was eased by two land deals.

Part-privatising Kiwibank back on the agenda

'Significant fiscal constraints' restrict Govt's ability to inject capital into the bank.