ANZ
[updated]
Another week, more term deposit rate cuts led by some large & some challenger banks. The arrival of sub-4% rates spread, and rate inversions narrow
24th Feb 25, 11:22am
5
Another week, more term deposit rate cuts led by some large & some challenger banks. The arrival of sub-4% rates spread, and rate inversions narrow
[updated]
ASB matches the new lower ANZ two year mortgage rates, and launches a low one year fixed rate (although not as low as Kiwibank). Now Westpac has cut too
24th Feb 25, 8:46am
35
ASB matches the new lower ANZ two year mortgage rates, and launches a low one year fixed rate (although not as low as Kiwibank). Now Westpac has cut too
Kiwibank has jumped to the head of the queue with its latest fixed home loan offers, targeting the most popular terms at the short end
21st Feb 25, 10:31am
23
Kiwibank has jumped to the head of the queue with its latest fixed home loan offers, targeting the most popular terms at the short end
ANZ New Zealand catches ANZ Australia in a measure it'd rather be behind in
21st Feb 25, 9:20am
ANZ New Zealand catches ANZ Australia in a measure it'd rather be behind in
[updated]
The ground is about to sink faster for savers. ANZ brings back a TD rate starting with a '3', and now only one bank offers a rate starting with a '5'
20th Feb 25, 9:12am
23
The ground is about to sink faster for savers. ANZ brings back a TD rate starting with a '3', and now only one bank offers a rate starting with a '5'
The Red Bank pulls away from its sub 5% rate offer, but ANZ then jumped in with a 4.99% two year fixed carded offer
19th Feb 25, 3:07pm
48
The Red Bank pulls away from its sub 5% rate offer, but ANZ then jumped in with a 4.99% two year fixed carded offer
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates at the same time
19th Feb 25, 2:05pm
56
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates at the same time
A 50-point cut to the Official Cash Rate is a near certainty in the coming week, so attention will quickly turn to whatever signals the Reserve Bank may give about further cuts
16th Feb 25, 6:30am
92
A 50-point cut to the Official Cash Rate is a near certainty in the coming week, so attention will quickly turn to whatever signals the Reserve Bank may give about further cuts
Banks continue tweaking their term deposit offers with Kiwibank (down & up), and BNZ (down) the latest to move. These changes leave ANZ top of that main bank heap with its six month offer
10th Feb 25, 10:53am
45
Banks continue tweaking their term deposit offers with Kiwibank (down & up), and BNZ (down) the latest to move. These changes leave ANZ top of that main bank heap with its six month offer
KiwiSaver funds under management ticked over $121 billion in the December 2024 quarter, according to Morningstar
5th Feb 25, 3:26pm
5
KiwiSaver funds under management ticked over $121 billion in the December 2024 quarter, according to Morningstar
Labour market figures to be released in the coming week, could show unemployment hitting 5% for the first time since a brief spike during the pandemic, but David Hargreaves says with interest rates now coming down employment levels may start to settle
2nd Feb 25, 6:30am
123
Labour market figures to be released in the coming week, could show unemployment hitting 5% for the first time since a brief spike during the pandemic, but David Hargreaves says with interest rates now coming down employment levels may start to settle
Here are the key changes to know about in the New Zealand equity market; The NZX50 fell -0.6% for the week. Vista, Fletcher, a2 Milk, and Vulcan Steel top the gainers and Heartland Group, SkyTV, Precinct Properties, and Goodman lead the decliners
31st Jan 25, 3:00pm
Here are the key changes to know about in the New Zealand equity market; The NZX50 fell -0.6% for the week. Vista, Fletcher, a2 Milk, and Vulcan Steel top the gainers and Heartland Group, SkyTV, Precinct Properties, and Goodman lead the decliners
ANZ chief economist says perhaps reality is biting for businesses as it becomes clear falling interest rates will take time to 'work their magic'
30th Jan 25, 1:26pm
26
ANZ chief economist says perhaps reality is biting for businesses as it becomes clear falling interest rates will take time to 'work their magic'
Union provides four recommendations to banking inquiry to fight what it calls 'bankflation'
30th Jan 25, 5:00am
8
Union provides four recommendations to banking inquiry to fight what it calls 'bankflation'
ASB has kickstarted the 2025 mortgage market competition with -20 bps rate cuts to have the most competitive home loan rate card among the main banks
17th Jan 25, 8:35am
60
ASB has kickstarted the 2025 mortgage market competition with -20 bps rate cuts to have the most competitive home loan rate card among the main banks
Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
15th Jan 25, 9:34am
132
Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
According to the latest ANZ/RoyMorgan consumer confidence survey, more people think now is a good time to buy a major home appliance
20th Dec 24, 10:37am
12
According to the latest ANZ/RoyMorgan consumer confidence survey, more people think now is a good time to buy a major home appliance
Latest ANZ Business Outlook survey shows companies reporting a significant increase in activity - but there was a 'surprising' rise in expected costs as well
19th Dec 24, 1:28pm
16
Latest ANZ Business Outlook survey shows companies reporting a significant increase in activity - but there was a 'surprising' rise in expected costs as well
SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete
18th Dec 24, 3:11pm
2
SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete
[updated]
Statistics NZ's Selected Price Indexes show continuing subdued pricing pressures - other than a spike in air fare and accommodation costs that 'coincided' with performances around the country by several global overseas artists
16th Dec 24, 11:38am
30
Statistics NZ's Selected Price Indexes show continuing subdued pricing pressures - other than a spike in air fare and accommodation costs that 'coincided' with performances around the country by several global overseas artists
David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters
15th Dec 24, 6:30am
93
David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters
Commerce and Consumer Affairs Minister Andrew Bayly sees potential for KiwiSaver provider consolidation as new investment rules aim to boost local opportunities
14th Dec 24, 9:10am
7
Commerce and Consumer Affairs Minister Andrew Bayly sees potential for KiwiSaver provider consolidation as new investment rules aim to boost local opportunities
[updated]
Fintechs could be stymied by costly and differing access to open banking application programming interfaces
10th Dec 24, 12:43pm
9
Fintechs could be stymied by costly and differing access to open banking application programming interfaces
Interest.co.nz goes on a search for Commerce Commission Chairman John Small's 'recalcitrant' bank
10th Dec 24, 5:00am
7
Interest.co.nz goes on a search for Commerce Commission Chairman John Small's 'recalcitrant' bank
Kiwibank joins BNZ with some home loan rate cuts and hikes, matched with term deposit rate cuts (but no hikes)
9th Dec 24, 10:54am
14
Kiwibank joins BNZ with some home loan rate cuts and hikes, matched with term deposit rate cuts (but no hikes)