ASB
The Red Bank comes back for more, making sure it has two market leading fixed rate terms. It also cuts term deposit rates. The Co-operative Bank cuts both as well
23rd Oct 25, 4:00pm
The Red Bank comes back for more, making sure it has two market leading fixed rate terms. It also cuts term deposit rates. The Co-operative Bank cuts both as well
Kiwibank cuts its fixed home loan rates, the last of the majors to move lower in this rate cycle. It now has the lowest fixed six month rate, but me-too for other fixed terms
23rd Oct 25, 9:18am
Kiwibank cuts its fixed home loan rates, the last of the majors to move lower in this rate cycle. It now has the lowest fixed six month rate, but me-too for other fixed terms
Following Tuesday's term deposit rate cuts, BNZ moves to match its main rivals' lowest home loan rate offers for all fixed terms
22nd Oct 25, 9:02am
3
Following Tuesday's term deposit rate cuts, BNZ moves to match its main rivals' lowest home loan rate offers for all fixed terms
CEO Dan Huggins says BNZ pulling back on lending to petrol stations is risk management, because he doesn't believe they'll all survive and doesn't know which ones will
21st Oct 25, 5:14pm
CEO Dan Huggins says BNZ pulling back on lending to petrol stations is risk management, because he doesn't believe they'll all survive and doesn't know which ones will
Savers are being forced to contemplate after-tax returns from term deposits that come in sharply less than inflation and don't keep up with household living cost rises
21st Oct 25, 10:06am
18
Savers are being forced to contemplate after-tax returns from term deposits that come in sharply less than inflation and don't keep up with household living cost rises
The second largest mortgage bank cuts home loan rates in response to the largest lender's cuts late last week. But some are me-too, some not as good as their main rivals, one dips just -4 bps
20th Oct 25, 5:08pm
4
The second largest mortgage bank cuts home loan rates in response to the largest lender's cuts late last week. But some are me-too, some not as good as their main rivals, one dips just -4 bps
Economists say the September quarter annual inflation figure likely marks the peak and they still expect the Reserve Bank to cut the Official Cash Rate again next month
20th Oct 25, 2:19pm
5
Economists say the September quarter annual inflation figure likely marks the peak and they still expect the Reserve Bank to cut the Official Cash Rate again next month
Parliamentary select committee decides against disrupting class action against ANZ and ASB with retrospective law change
20th Oct 25, 12:45pm
1
Parliamentary select committee decides against disrupting class action against ANZ and ASB with retrospective law change
No API fees for open banking as government unveils regulations that will see MBIE levy fintechs & banks
17th Oct 25, 3:19pm
No API fees for open banking as government unveils regulations that will see MBIE levy fintechs & banks
Fitch outlines scenario where RBNZ capital review could see big 4 banks' credit ratings upgraded
17th Oct 25, 9:13am
Fitch outlines scenario where RBNZ capital review could see big 4 banks' credit ratings upgraded
ANZ trims fixed rates, but only to levels that make them look good against their main rivals. Some challenger banks have much lower rates. ANZ also pushed through matching term deposit rate cuts
16th Oct 25, 4:54pm
1
ANZ trims fixed rates, but only to levels that make them look good against their main rivals. Some challenger banks have much lower rates. ANZ also pushed through matching term deposit rate cuts
[updated]
Bank of China makes the first broad fixed mortgage rate cuts since the October 8 OCR cut. Not to be outdone, ICBC now goes even lower. Will this induce the main banks to move too?
14th Oct 25, 2:45pm
3
Bank of China makes the first broad fixed mortgage rate cuts since the October 8 OCR cut. Not to be outdone, ICBC now goes even lower. Will this induce the main banks to move too?
[updated]
Electronic cards data for September shows that after three consecutive months of gains, seasonally adjusted retail spending fell again
14th Oct 25, 11:15am
12
Electronic cards data for September shows that after three consecutive months of gains, seasonally adjusted retail spending fell again
[updated]
Tracking the changes to savings accounts after the OCR rate cut, including the Notice Savers
8th Oct 25, 4:52pm
1
Tracking the changes to savings accounts after the OCR rate cut, including the Notice Savers
[updated]
ASB to cough up $135.6 million to settle class action relating to home and personal loans between 2015 and 2019
7th Oct 25, 9:21am
6
ASB to cough up $135.6 million to settle class action relating to home and personal loans between 2015 and 2019