ASB

Monthly filled jobs data shows a slight rise in May, but figures for the previous two months have been revised down; the primary sector is a ray of sunshine in a gloomy labour market

Monthly filled jobs data shows a slight rise in May, but figures for the previous two months have been revised down; the primary sector is a ray of sunshine in a gloomy labour market

ASB economists say the Reserve Bank is closer to the end of its 'easing cycle' than they had previously judged

ASB economists say the Reserve Bank is closer to the end of its 'easing cycle' than they had previously judged

ASB's latest rate reductions are uninspiring for customers, embedding levels all their main rivals were already at, and reinforcing that rate competition is now more perfunctory than real at present

ASB's latest rate reductions are uninspiring for customers, embedding levels all their main rivals were already at, and reinforcing that rate competition is now more perfunctory than real at present

Term deposit rates are slowly spiraling down as household bank accounts get flusher faster than loan demand. The DCS isn't helping either

Term deposit rates are slowly spiraling down as household bank accounts get flusher faster than loan demand. The DCS isn't helping either

The economy grew for the second successive quarter following the sharp contraction seen during last year

The economy grew for the second successive quarter following the sharp contraction seen during last year

Kiwibank poses risk to the returns from the big four Aussie banks' NZ subsidiaries, analysts say

Kiwibank poses risk to the returns from the big four Aussie banks' NZ subsidiaries, analysts say

Mortgage rates are still inching lower, even as wholesale rates are inching higher. Savers face lower TD rate offers just as deposit takers face new fees for the Depositor Compensation Scheme. It's not a great time to be a saver

Mortgage rates are still inching lower, even as wholesale rates are inching higher. Savers face lower TD rate offers just as deposit takers face new fees for the Depositor Compensation Scheme. It's not a great time to be a saver

Statistics NZ's Selected Price Indexes show that food prices rose 4.4% in the past year, while rent prices had their lowest annual increase since 2015; CPI seen heading toward top of RBNZ's target range

Statistics NZ's Selected Price Indexes show that food prices rose 4.4% in the past year, while rent prices had their lowest annual increase since 2015; CPI seen heading toward top of RBNZ's target range

Ross Stitt notes banking giant CBA is valued far more than any other Australian listed company, including any miner. He traces a remarkable rise

Ross Stitt notes banking giant CBA is valued far more than any other Australian listed company, including any miner. He traces a remarkable rise

The economy's showing increasing signs of responding to the lower interest rates, with GDP expected to have grown again in the March quarter

The economy's showing increasing signs of responding to the lower interest rates, with GDP expected to have grown again in the March quarter

Kiwibank follows its main rivals with its own home loan rate cuts, concentrating its fire on the short fixed rate end. Its term deposit savers are getting their own cuts, across the board

Kiwibank follows its main rivals with its own home loan rate cuts, concentrating its fire on the short fixed rate end. Its term deposit savers are getting their own cuts, across the board

Future Official Cash Rate decisions in 2025 are ‘all effectively live’, ASB economists say

Future Official Cash Rate decisions in 2025 are ‘all effectively live’, ASB economists say

Our largest home loan lender shores up its rate position as challengers, including some of its main rivals, shift to lower positions in a tightly competitive market. ASB responds with its own timid changes

Our largest home loan lender shores up its rate position as challengers, including some of its main rivals, shift to lower positions in a tightly competitive market. ASB responds with its own timid changes

Sub 4% rates become pervasive among the major banks. The challenger banks are mostly still in the 4%+ range. And finance companies are still largely offering 5%+ rates. All for DCS guaranteed security

Sub 4% rates become pervasive among the major banks. The challenger banks are mostly still in the 4%+ range. And finance companies are still largely offering 5%+ rates. All for DCS guaranteed security

The RBNZ could leave its next move until August as Trump tariffs hang in the air

The RBNZ could leave its next move until August as Trump tariffs hang in the air