Banking
The home loan market may not be growing much but it is becoming more competitive as borrowers change banks more often when they roll over their fixed rate contracts
29th Jun 24, 10:16am
7
The home loan market may not be growing much but it is becoming more competitive as borrowers change banks more often when they roll over their fixed rate contracts
Parliament could start its own probe into business and rural lending as early as August, while Coalition parties jostle for the spotlight
26th Jun 24, 10:30am
Parliament could start its own probe into business and rural lending as early as August, while Coalition parties jostle for the spotlight
Big rise in TSB annual profit comes with the bank 'resetting to move forward' & 'right sizing,' CEO Kerry Boielle says
25th Jun 24, 4:33pm
4
Big rise in TSB annual profit comes with the bank 'resetting to move forward' & 'right sizing,' CEO Kerry Boielle says
FAMNZ says finance and mortgage advisers are part of the solution for borrowers. 'As we provide first class service, act in our customers’ best interests, and lift our market share, the winners will be consumers'
25th Jun 24, 11:25am
11
FAMNZ says finance and mortgage advisers are part of the solution for borrowers. 'As we provide first class service, act in our customers’ best interests, and lift our market share, the winners will be consumers'
TSB's annual profit jumps as drop in expenses outweighs lower income as housing lending competition bites
24th Jun 24, 1:49pm
TSB's annual profit jumps as drop in expenses outweighs lower income as housing lending competition bites
Cameron Bagrie on why and how the pricing of risk versus the taking of risk by banks needs to change
Why NZ needs a 'good, hard debate' about the composition of bank lending and how it's impacting productivity
21st Jun 24, 9:12am
50
Why NZ needs a 'good, hard debate' about the composition of bank lending and how it's impacting productivity
Banking Ombudsman Scheme commissions Deborah Hart to tackle new independent review of the Scheme which will assess six issue areas including accessibility and fairness
17th Jun 24, 4:27pm
1
Banking Ombudsman Scheme commissions Deborah Hart to tackle new independent review of the Scheme which will assess six issue areas including accessibility and fairness
Gareth Vaughan suggests bank capital will again be a key area of debate as parliamentary select committees inquire about banking competition
14th Jun 24, 5:00am
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Gareth Vaughan suggests bank capital will again be a key area of debate as parliamentary select committees inquire about banking competition
Two Parliamentary select committees will conduct inquiry into banking competition, reviewing Commerce Commission's findings and scrutinizing rural lending
12th Jun 24, 2:30pm
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Two Parliamentary select committees will conduct inquiry into banking competition, reviewing Commerce Commission's findings and scrutinizing rural lending
[updated]
Kiwibank accused of 'longstanding, systemic breaches of the Fair Trading Act' after identifying & reporting issues to Commerce Commission
11th Jun 24, 10:12am
14
Kiwibank accused of 'longstanding, systemic breaches of the Fair Trading Act' after identifying & reporting issues to Commerce Commission
[updated]
ANZ economists say 'meaningful progress' in inflation war around the corner, meaning the OCR could be cut earlier than they previously forecast
7th Jun 24, 11:17am
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ANZ economists say 'meaningful progress' in inflation war around the corner, meaning the OCR could be cut earlier than they previously forecast
Bell Gully's Blair Keown identifies seven key questions in the 'fit for purpose financial services conduct regulation' consultation
5th Jun 24, 1:46pm
Bell Gully's Blair Keown identifies seven key questions in the 'fit for purpose financial services conduct regulation' consultation
New Zealand's biggest bank produces eye watering quarterly profit
Big capital increase for SBS Bank as it seeks to continue growing lending faster than overall market growth
29th May 24, 10:04am
Big capital increase for SBS Bank as it seeks to continue growing lending faster than overall market growth
Co-operative Bank CEO Mark Wilkshire eyes new core banking system, sees 2 key areas of open banking opportunity, 'moves quickly' to address RBNZ AML concerns
28th May 24, 11:14am
Co-operative Bank CEO Mark Wilkshire eyes new core banking system, sees 2 key areas of open banking opportunity, 'moves quickly' to address RBNZ AML concerns
Big four banks' combined interim dividends rise 40%, suggesting comfort with need to meet increased regulatory capital requirements
28th May 24, 9:31am
Big four banks' combined interim dividends rise 40%, suggesting comfort with need to meet increased regulatory capital requirements
Unlike other recent Reserve Bank no-change OCR events, the latest one has brought rising wholesale rate pricing, more in line with what happened when the OCR was increased
27th May 24, 4:09pm
2
Unlike other recent Reserve Bank no-change OCR events, the latest one has brought rising wholesale rate pricing, more in line with what happened when the OCR was increased
Deposit insurance expert Geof Mortlock details concerns about New Zealand's incoming depositor compensation scheme
24th May 24, 10:01am
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Deposit insurance expert Geof Mortlock details concerns about New Zealand's incoming depositor compensation scheme
RBNZ Governor Adrian Orr says technology is the answer to banking competition and not capital requirements
23rd May 24, 1:23pm
22
RBNZ Governor Adrian Orr says technology is the answer to banking competition and not capital requirements
Live-streamed video from the May 2024 RBNZ Monetary Policy Statement press conference with Governor Adrian Orr
22nd May 24, 2:55pm
Live-streamed video from the May 2024 RBNZ Monetary Policy Statement press conference with Governor Adrian Orr
David Chaston looks at the rise and rise of mortgage broking in New Zealand, which is now a dominant force in controlling home loan origination activity
17th May 24, 5:00am
35
David Chaston looks at the rise and rise of mortgage broking in New Zealand, which is now a dominant force in controlling home loan origination activity
Mortgage brokers probably earned about $400m in the March year, up 17% year-on-year, as they gain a significantly larger share of home loan transactions
15th May 24, 6:30am
24
Mortgage brokers probably earned about $400m in the March year, up 17% year-on-year, as they gain a significantly larger share of home loan transactions
Agustin Carstens and Nandan Nilekani forsee a world in which cheap, secure, and near-instantaneous financial transactions are available to all
11th May 24, 10:00am
11
Agustin Carstens and Nandan Nilekani forsee a world in which cheap, secure, and near-instantaneous financial transactions are available to all
CEO Antonia Watson says ANZ NZ sees open banking as an opportunity but it needs to pass 'the front page of the paper test'
8th May 24, 11:14am
CEO Antonia Watson says ANZ NZ sees open banking as an opportunity but it needs to pass 'the front page of the paper test'
[updated]
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging
7th May 24, 10:11am
21
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging