Nelson mayor Rachel Reese is set to engage with Westpac, after the bank announced last week the potential closure of branches around the country.
Two major banks have both dropped interest rates and raised deposit rates, in response to yesterday’s official cash rate cut.
A major bank may close up to 19 of its branches across the country as a result of rising online transactions.
Two more banks have followed ANZ and cut rates after today's cash rate drop
New Zealand central banker Graeme Wheeler is going to need more than a plain-vanilla rate cut if he wants a weaker local currency.
Australia's Prime Minister announced the country's major banks will face regular scrutiny from a parliamentary panel, amid growing public disquiet about the lenders’ practices.
The bank's new rates are among the most competitive in the market
A bank rejection isn't the end of the road, but many Kiwis still remain unaware of their options
The cuts to 'special' rates come soon after similar moves by two other key competitors