ANZ
ANZ goes second, cutting retail rates. Both fixed home loan and term deposit rates have been sliced, some by as much as -30 bps. Almost certainly they will be followed by the other major banks, forcing the challenger banks into a tough spot
17th Jul 24, 5:59pm
59
ANZ goes second, cutting retail rates. Both fixed home loan and term deposit rates have been sliced, some by as much as -30 bps. Almost certainly they will be followed by the other major banks, forcing the challenger banks into a tough spot
Falling transport costs and flat food prices dragged annual inflation to just above the 1% to 3% target band during the June quarter
17th Jul 24, 10:56am
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Falling transport costs and flat food prices dragged annual inflation to just above the 1% to 3% target band during the June quarter
Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling
15th Jul 24, 2:16pm
13
Latest card spending data from the country's biggest bank shows that annual growth has fallen below 1%, suggesting sales volumes are still falling
[updated]
Card spending falls for the fifth time in June as households face ongoing financial strain
12th Jul 24, 12:03pm
83
Card spending falls for the fifth time in June as households face ongoing financial strain
Westpac has responded to the diving wholesale rates following dovish RBNZ signals by cutting its popular short fixed home loan rates, and trimming its short term deposit rate offers
11th Jul 24, 12:11pm
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Westpac has responded to the diving wholesale rates following dovish RBNZ signals by cutting its popular short fixed home loan rates, and trimming its short term deposit rate offers
ANZ and Westpac are two New Zealand banks that get to know their customers better with behavioural biometrics to stop scams
11th Jul 24, 10:32am
2
ANZ and Westpac are two New Zealand banks that get to know their customers better with behavioural biometrics to stop scams
With the economy in a tailspin and the RBNZ stubbornly holding the OCR, Gareth Vaughan takes a look at the non-tradable inflation dilemma
6th Jul 24, 9:10am
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With the economy in a tailspin and the RBNZ stubbornly holding the OCR, Gareth Vaughan takes a look at the non-tradable inflation dilemma
Minister for Housing Chris Bishop says the Government is ‘liberalising the rules’ of the housing market which will help property become more affordable, has spoken with banks about apartment lending criteria
4th Jul 24, 3:10pm
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Minister for Housing Chris Bishop says the Government is ‘liberalising the rules’ of the housing market which will help property become more affordable, has spoken with banks about apartment lending criteria
ASB brings Official Cash Rate cut forecast forward three months and warns that the risk of damage to the economy is growing
4th Jul 24, 11:31am
21
ASB brings Official Cash Rate cut forecast forward three months and warns that the risk of damage to the economy is growing
Economists are eyeing earlier interest rate cuts after ‘dire’ business survey shows inflation has been ‘beaten’
2nd Jul 24, 1:49pm
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Economists are eyeing earlier interest rate cuts after ‘dire’ business survey shows inflation has been ‘beaten’
ANZ economists are optimistic the Reserve Bank will be in a position to cut the Official Cash Rate 'considerably earlier' than August next year as the RBNZ currently expects
27th Jun 24, 1:28pm
26
ANZ economists are optimistic the Reserve Bank will be in a position to cut the Official Cash Rate 'considerably earlier' than August next year as the RBNZ currently expects
Westpac's latest mortgage rate adjustments bring their higher rates down into line with their main rivals. We ask readers to record the below-card offers they get on their banking apps so others can know where real savings can be won
26th Jun 24, 6:00pm
26
Westpac's latest mortgage rate adjustments bring their higher rates down into line with their main rivals. We ask readers to record the below-card offers they get on their banking apps so others can know where real savings can be won
ANZ's economists cut their house price forecast but admit no one can forecast the housing market with a high degree of precision
26th Jun 24, 3:09pm
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ANZ's economists cut their house price forecast but admit no one can forecast the housing market with a high degree of precision
New Zealand’s inflation was more driven by product and labour shortages than other countries were, RBNZ says
20th Jun 24, 8:30am
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New Zealand’s inflation was more driven by product and labour shortages than other countries were, RBNZ says
It's a line ball call whether GDP figures out in the coming week will reveal the country still to be in recession or not. But whatever the outcome, economists don't see a particularly rosy path for the economy in the immediate future
16th Jun 24, 6:30am
85
It's a line ball call whether GDP figures out in the coming week will reveal the country still to be in recession or not. But whatever the outcome, economists don't see a particularly rosy path for the economy in the immediate future
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
11
Gareth Vaughan suggests bank capital will again be a key area of debate as parliamentary select committees inquire about banking competition
Latest spending data from the country's biggest bank highlights the extent to which Kiwis have put their wallets away as rising costs and higher interest rates have taken their toll
11th Jun 24, 11:36am
15
Latest spending data from the country's biggest bank highlights the extent to which Kiwis have put their wallets away as rising costs and higher interest rates have taken their toll
David Chaston investigates what the best home loan rate and term choice might be for borrowers needing to refix soon
10th Jun 24, 2:07pm
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David Chaston investigates what the best home loan rate and term choice might be for borrowers needing to refix soon
NZ's rural lenders acting as 'pseudo-regulators' through their membership of the Net-Zero Banking Alliance, Federated Farmers argues. ANZ hits back
8th Jun 24, 9:00am
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NZ's rural lenders acting as 'pseudo-regulators' through their membership of the Net-Zero Banking Alliance, Federated Farmers argues. ANZ hits back
[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
Three up, two down in terms of whether the five major rural lenders are growing or shrinking agriculture lending
1st Jun 24, 9:41am
4
Three up, two down in terms of whether the five major rural lenders are growing or shrinking agriculture lending
The housing market is on ice with downside risk to their annual forecast for 3% price rises, ANZ economists say
30th May 24, 3:46pm
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The housing market is on ice with downside risk to their annual forecast for 3% price rises, ANZ economists say
New Zealand's biggest bank produces eye watering quarterly profit
ANZ economists say their latest Business Outlook Survey 'makes for grim reading' but is encouraging for the Reserve Bank in its inflation battle
29th May 24, 1:23pm
4
ANZ economists say their latest Business Outlook Survey 'makes for grim reading' but is encouraging for the Reserve Bank in its inflation battle
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