Gareth Vaughan Interest.co.nz October 3, 2013
ANZ Bank NZ says if a court rules against it in a class action fees case by deciding exception fees paid by customers are void as a penalty, something the bank denies, then ANZ itself has incurred loss and damage and wants an inquiry into the size of that loss.
Northern Advocate By Imran Ali 10:00 AM Thursday Aug 29, 2013
Irate residents and business people of a popular tourist destination in Northland are feeling betrayed by the closure of their only bank.
MSN -NZ Money AAP 14 August 2013
ASB Bank, the New Zealand unit of Commonwealth Bank of Australia, has reported a record cash profit of nearly $700 million.
RICHARD MEADOWS Stuff.co.nz 31 July 2013
Documents filed with the High Court have laid out the basis of allegations that ANZ Bank has charged its customers millions of dollars in unfair fees.
Gareth Vaughan interest.co.nz July 30, 2013
The group suing ANZ over "excessive" fees on behalf of some of the bank's customers has listed four causes of action in its statement of claim, arguing "exception" fees in contracts were set by ANZ "diktat", and that publicly available information suggests the cost of such fees to banks is substantially less than the actual fees charged.
Jamie Gray odt.co.nz 30 July 2013
Westpac has launched a product aimed at allowing first home buyers to be helped into properties by their families in recognition that getting a loan will soon get tougher for those armed only with a low deposit.