New Zealand and Australian banks are more worried than their counterparts around the world about the risks involved in not getting their sales and business practices right, a new PricewaterhouseCoopers report says.

Kiwibank is set to be the next to offer unsecured, unsubordinated capital notes to the public, to cover the cost of its new capital requirements.

AMP has announced the appointment of Richard Brown to the position of national manager of its Financial Adviser Network (AFAN).

Health insurers will fund $1 billion in claims this year, the Health Funds Association says.

Read what the the Reserve Bank governor, Graeme Wheeler, said about interest rates and the economy.

ANZ, which is the last of the big banks to keep a two-tiered pricing structure for its home loans, has taken a half step to change this model.

NZF sells it mortgage group business and closes up shop after failing to find a new auditor.

There is support for removing the annual $521 KiwiSaver member tax credit to fund lower tax rates for the scheme, the Financial Services Council says.

Although Benji Marshall is leaving the Blues to return to the NRL in Australia, nib plan to stick with him as its brand ambassador.

The new chairman of Accuro says the government should introduce a scheme like KiwiSaver for health insurance.