ASB
Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
17th Sep 24, 8:20am
22
Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
Statistics NZ's Selected Price Indexes show that food prices rose just 0.4% in the year to August while rent increases remained at the same level and fuel and travel costs dipped
12th Sep 24, 11:46am
31
Statistics NZ's Selected Price Indexes show that food prices rose just 0.4% in the year to August while rent increases remained at the same level and fuel and travel costs dipped
The largest home loan lender cuts most fixed rates to have a market-leading offer for one and two year fixed mortgages
11th Sep 24, 5:59pm
26
The largest home loan lender cuts most fixed rates to have a market-leading offer for one and two year fixed mortgages
Opinions split about whether it's a good time to buy a house, ASB survey shows
4th Sep 24, 10:07am
61
Opinions split about whether it's a good time to buy a house, ASB survey shows
Soaring levels of business confidence in the wake of interest rate cuts have got the economists wondering how quickly the country's economy might get rolling again
3rd Sep 24, 1:15pm
43
Soaring levels of business confidence in the wake of interest rate cuts have got the economists wondering how quickly the country's economy might get rolling again
HSBC economist Paul Bloxham is suggesting ways New Zealand could reclaim the former superstar status he bestowed upon us
28th Aug 24, 2:48pm
22
HSBC economist Paul Bloxham is suggesting ways New Zealand could reclaim the former superstar status he bestowed upon us
Whilst the big bank bosses won't be quaking in their boots, the Commerce Commission's bank competition probe, and Nicola Willis' response, has put the issue very much on the political agenda
27th Aug 24, 5:00am
6
Whilst the big bank bosses won't be quaking in their boots, the Commerce Commission's bank competition probe, and Nicola Willis' response, has put the issue very much on the political agenda
Record $191 million in early KiwiSaver withdrawals during July as more people tap into KiwiSaver for first homes and financial hardship reasons
26th Aug 24, 2:06pm
11
Record $191 million in early KiwiSaver withdrawals during July as more people tap into KiwiSaver for first homes and financial hardship reasons
ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too
22nd Aug 24, 9:08am
41
ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too
On the Of Interest podcast Commerce Commission Chairman John Small discusses how the success of open banking can be measured, and why the growth process is what matters for a scaling up Kiwibank
21st Aug 24, 10:07am
4
On the Of Interest podcast Commerce Commission Chairman John Small discusses how the success of open banking can be measured, and why the growth process is what matters for a scaling up Kiwibank
[updated]
Nicola Willis & Andrew Bayly set sights on Kiwibank, open banking, the Reserve Bank & mortgage brokers in response to Commerce Commission competition study
20th Aug 24, 11:35am
85
Nicola Willis & Andrew Bayly set sights on Kiwibank, open banking, the Reserve Bank & mortgage brokers in response to Commerce Commission competition study
BNZ head of research Stephen Toplis says it will take till 2029 for per capita GDP to return to previous levels
19th Aug 24, 2:36pm
75
BNZ head of research Stephen Toplis says it will take till 2029 for per capita GDP to return to previous levels
[updated]
ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows
19th Aug 24, 12:53pm
94
ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows
Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'
16th Aug 24, 4:07pm
17
Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'
New Zealand has a chance to learn from other countries on consumer data right, ASB CEO Vittoria Shortt says
16th Aug 24, 9:53am
New Zealand has a chance to learn from other countries on consumer data right, ASB CEO Vittoria Shortt says
[updated]
Statistics NZ says food prices rose 0.6% in the year to July; annual rental growth of 4.3% is the slowest rate of growth since November 2023
15th Aug 24, 11:26am
37
Statistics NZ says food prices rose 0.6% in the year to July; annual rental growth of 4.3% is the slowest rate of growth since November 2023
ASB CEO Vittoria Shortt says NZ exporters' customers want them to reduce greenhouse gas emissions and what matters is what customers want
15th Aug 24, 9:34am
ASB CEO Vittoria Shortt says NZ exporters' customers want them to reduce greenhouse gas emissions and what matters is what customers want
[updated]
Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac
14th Aug 24, 2:17pm
58
Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac
[updated]
Income & net interest margin down with expenses up as ASB posts 7% drop in annual profit
14th Aug 24, 10:36am
26
Income & net interest margin down with expenses up as ASB posts 7% drop in annual profit
TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves
13th Aug 24, 9:50am
43
TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves
HSBC economist Paul Bloxham suggests the RBNZ's May Official Cash Rate guidance 'was not a genuine reflection of the central bank's reaction function'
12th Aug 24, 2:20pm
33
HSBC economist Paul Bloxham suggests the RBNZ's May Official Cash Rate guidance 'was not a genuine reflection of the central bank's reaction function'
Home loan rates fall again at two more banks, and 5.99% seems to be where carded retail rates are headed with SBS Bank offering that for two years fixed
8th Aug 24, 4:57pm
31
Home loan rates fall again at two more banks, and 5.99% seems to be where carded retail rates are headed with SBS Bank offering that for two years fixed
KiwiSaver funds under management reached $110.8 billion in June quarter, according to new Morningstar report, with ANZ continuing to hold onto biggest slice of the market
7th Aug 24, 3:14pm
2
KiwiSaver funds under management reached $110.8 billion in June quarter, according to new Morningstar report, with ANZ continuing to hold onto biggest slice of the market
More major banks rush to cut mortgage rates with sub-6% rate offers spreading. These cuts come as wholesale rates dive ahead of next week's RBNZ rate review. Some TD rates drop too
6th Aug 24, 8:44am
101
More major banks rush to cut mortgage rates with sub-6% rate offers spreading. These cuts come as wholesale rates dive ahead of next week's RBNZ rate review. Some TD rates drop too
ANZ cuts floating & fixed home loan rates, business base rates, and some term deposit rates. But raises one term deposit rate by 50 basis points
31st Jul 24, 5:35pm
34
ANZ cuts floating & fixed home loan rates, business base rates, and some term deposit rates. But raises one term deposit rate by 50 basis points