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Commission Clears Four Banks Over Break Fees

Commission Clears Four Banks Over Break Fees
Wellington, April 30 NZPA - The Commerce Commission has found that loan break fees charged by four banks are "likely to be reasonable" and is continuing to investigate the fees charged by three other banks.

Telcos Rated Worst For Customer Service

Telcos Rated Worst For Customer Service
Wellington, March 23 NZPA - Telecommunications was rated the worst industry for customer service in a new survey, while banking was best. More than 600 people were surveyed on their perceptions of customer service in the KiwiHost/JRA Customer Service Pulse.

Banks Take Different Tacks In Passing On New Low In The OCR

Banks Take Different Tacks In Passing On New Low In The OCR
Wellington, March 12 NZPA - Bankers were on a hiding to nothing today when some of them passed on the Reserve Bank cuts in the official cash rate (OCR) to some customers - and not to others. ANZ said all of its borrowers would benefit.

Former Bank Manager Jailed For Mortgage Fraud

Wellington, March 12 NZPA - A former Tauranga bank manager has been jailed for defrauding her employers of more than half a million dollars. Shona Bullen, 47. a National Bank mobile manager, fraudulently loaded mortgages worth $515,000 on to and then drew down on her father's account.

NZ Dollar Falls Trades Around US51c Figure

NZ Dollar Falls Trades Around US51c Figure
Wellington, Feb 26 NZPA - The New Zealand dollar spent the day trading around the US51c figure after falling a cent against the United States dollar overnight as the greenback strengthened on its appeal as a safe haven.

NZ Dollar Trades In Narrow Range

NZ Dollar Trades In Narrow Range
Wellington, Feb 25 NZPA - The New Zealand dollar traded in fairly narrow ranges today as the US dollar rallied against the yen.

NZ Dollar Drifts Down In Lacklustre Trade

NZ Dollar Drifts Down In Lacklustre Trade
Wellington, Feb 20 NZPA - The New Zealand dollar embarked on a slow drift down today and is expected to remain hostage to events outside New Zealand next week. The NZ dollar was worth US50.36c at 5pm from US51.20c at 5pm yesterday.

Should I Get A Guarantor For A 90 - 100% Mortgage?

I made some silly decisions as a student and I am paying of the National Bank to the tune of 10K through Baycorp.

Kiwisaver Helps Boost Managed Funds In Q4

Kiwisaver Helps Boost Managed Funds In Q4
Wellington, Feb 3 NZPA - KiwiSaver investors continued to help prop up the fund management sector, which recorded the second quarter in a row of positive inflows late last year, FundSource said today.

Farmers Claim Banks Are `milking' Them With Costly Overdrafts

Farmers Claim Banks Are `milking' Them With Costly Overdrafts
Wellington, Jan 23 NZPA - Farm lobbyists say banks are milking farmers by charging unnecessarily high interest rates on overdrafts provided to farmers.

Credit Card Comparison TablesCompare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.