The listed insurer says it can’t guarantee 100% compliance despite system and process upgrades.
The head of the country’s insurance council says insurance premium escalations shouldn’t be the main signal for flood risk.
Commerce Commission’s final report on business fees ‘fell short’ for consumers.
But regulator has decided not to regulate the fees for commercial credit card or prepaid debit card payments at this time.
Select committee hears submissions on controversial retrospective legislation protecting ANZ and ASB.
Another prominent iwi leader has voiced concern over the lack of engagement by Macquarie Capital with iwi Māori.
Ngāti Toa CEO Helmut Modlik is perturbed he hasn't been approached yet about Kiwibank ownership opportunities.
The bank has also called for amendments to capital settings to bring ‘true proportionality’.
The NZX acquired the active funds manager from Craigs Investment Partners in a deal worth more than $30m.
The retirement village lender says it will no longer use investor capital to pay dividends.