ANZ’s former CEO Shayne Elliott drops legal action over A$13.5m bonus cut
Shayne Elliott among executives to be penalised after bank was fined for misconduct. Source: NZ Herald Business News
Why banks now have room to trim some fixed mortgage rates
Which rates are most likely to be cut? Source: NZ Herald Business News
Inland Revenue consults on narrow bank tax tweaks; Nicola Willis tight-lipped on whether a more widespread tax grab is in the works
The Herald obtains a copy of consultation Inland Revenue is doing with industry. Source: NZ Herald Business News
Reserve Bank’s dovish statement to pause mortgage rate hikes for now – Jenée Tibshraeny
ANALYSIS: Could change in housing market dynamics slow the economic recovery? Source: NZ Herald Business News
One- and two-year mortgages are most popular again, ASB CEO Vittoria Shortt says
The bank was caught off guard by a December surge of borrowers fixing for longer terms. Source: NZ Herald Business News
Government’s LNG terminal plan dubbed both a worthy insurance policy and costly last resort
Industry is supportive, the Parliamentary Commissioner for the Environment is sceptical. Source: NZ Herald Business News
Nicola Willis unlikely to get in the way of insurers hiking premiums with new review – Jenée Tibshraeny
OPINION: Homeowners unlikely to see savings from new insurance review. Source: NZ Herald Business News
KC appointed to investigate FMA chairman Craig Stobo after concerns raised with commerce minister
MBIE delays response to OIA requests. Source: NZ Herald Business News
Bank switching among mortgage holders spiked in December, soaring past previous record
Borrowers chase attractive cashbacks. Source: NZ Herald Business News
Home owners could be left exposed as Govt gives itself an out on requiring new-build warranties
Cabinet quietly agreed it can suspend mandatory warranties for up to four years. Source: NZ Herald Business News