Kiwibank
Kiwibank chief economist Jarrod Kerr is forecasting that the OCR will be cut to 3% next year and says rates were too high for too long
3rd Dec 24, 8:25am
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Kiwibank chief economist Jarrod Kerr is forecasting that the OCR will be cut to 3% next year and says rates were too high for too long
Big four banks meet deadline for easier customer sharing of account info with fintechs
29th Nov 24, 5:00am
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Big four banks meet deadline for easier customer sharing of account info with fintechs
Kiwibank fined $1.5m in Commerce Commission Fair Trading Act case after 'a raft of systems failures'
[updated]
Kiwibank fined $1.5m after self-reporting overcharging 35k customers $6.8m. Commerce Commission tells banks to make 'necessary investment' in their systems
27th Nov 24, 3:51pm
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Kiwibank fined $1.5m after self-reporting overcharging 35k customers $6.8m. Commerce Commission tells banks to make 'necessary investment' in their systems
[updated]
Co-operative Bank moves first and big, immediately followed by Kiwibank. Co-op cuts -70 bps. Kiwibank also cuts the full -50 bps for savers, but Cooperative Bank tempers some of its cuts to savers
27th Nov 24, 2:13pm
6
Co-operative Bank moves first and big, immediately followed by Kiwibank. Co-op cuts -70 bps. Kiwibank also cuts the full -50 bps for savers, but Cooperative Bank tempers some of its cuts to savers
[updated]
The Reserve Bank cut rates as expected but surprised the markets with a relatively 'hawkish' view of any future reductions in the OCR
27th Nov 24, 2:09pm
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The Reserve Bank cut rates as expected but surprised the markets with a relatively 'hawkish' view of any future reductions in the OCR
ASB and Kiwibank lead way in September quarter housing lending growth
27th Nov 24, 7:44am
ASB and Kiwibank lead way in September quarter housing lending growth
David Hargreaves says we should see another decent-sized cut to the Official Cash Rate in the coming week, but beyond that, all eyes will be on how the Reserve Bank sees things developing next year
24th Nov 24, 6:00am
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David Hargreaves says we should see another decent-sized cut to the Official Cash Rate in the coming week, but beyond that, all eyes will be on how the Reserve Bank sees things developing next year
[updated]
With all the focus by home loan borrowers on short fixed rates (expecting rates to fall further soon), BNZ chops its six month fixed rate to under 6%, the lowest of any bank
21st Nov 24, 8:13am
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With all the focus by home loan borrowers on short fixed rates (expecting rates to fall further soon), BNZ chops its six month fixed rate to under 6%, the lowest of any bank
The country’s biggest banks ‘dangling the carrot’ via home loan cashbacks ranging from $5,000 to as much as $25,000
16th Nov 24, 6:52am
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The country’s biggest banks ‘dangling the carrot’ via home loan cashbacks ranging from $5,000 to as much as $25,000
Tex Edwards says New Zealand is 15 years behind the rest of the world when it comes to open banking and Kiwibank isn’t the solution to NZ’s banking competition problems
13th Nov 24, 3:53pm
Tex Edwards says New Zealand is 15 years behind the rest of the world when it comes to open banking and Kiwibank isn’t the solution to NZ’s banking competition problems
[updated]
Savers suffer falling term deposit rate drift as a number of factors weigh on how banks set these rates
11th Nov 24, 9:41am
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Savers suffer falling term deposit rate drift as a number of factors weigh on how banks set these rates
TSB launches 5.69% 'special offer' for one year fixed home loan rate, lower than any main bank's carded rate for that term
5th Nov 24, 9:37am
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TSB launches 5.69% 'special offer' for one year fixed home loan rate, lower than any main bank's carded rate for that term
ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates
29th Oct 24, 9:57am
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ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates
[updated]
New lows for key home loan rate offers keep coming, the latest from Kiwibank who had the market-leading position for the popular one year fixed rate. Then Heartland goes lower
29th Oct 24, 9:21am
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New lows for key home loan rate offers keep coming, the latest from Kiwibank who had the market-leading position for the popular one year fixed rate. Then Heartland goes lower
Issuing debt, tapping 3rd party investors or an IPO touted as ways for the Government to boost Kiwibank's capital and thus its competitive position
28th Oct 24, 8:00am
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Issuing debt, tapping 3rd party investors or an IPO touted as ways for the Government to boost Kiwibank's capital and thus its competitive position
[updated]
ASB cuts fixed mortgage rates, especially for the six month term, and cuts term deposit rates just as hard. Westpac cuts too
17th Oct 24, 8:24am
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ASB cuts fixed mortgage rates, especially for the six month term, and cuts term deposit rates just as hard. Westpac cuts too
[updated]
More banks trim term deposit rate offers again - but amazingly there's still one offer in the market at a rate above 6%
16th Oct 24, 11:01am
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More banks trim term deposit rate offers again - but amazingly there's still one offer in the market at a rate above 6%
[updated]
Kiwibank follows Westpac, cuts its mortgage serviceability test rate after Reserve Bank OCR cut
15th Oct 24, 9:30am
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Kiwibank follows Westpac, cuts its mortgage serviceability test rate after Reserve Bank OCR cut
[updated]
BNZ follows TSB with new lower home loan carded rates. It now leads the market. ANZ cuts too. We ask readers to update us with what they see in their banking apps
14th Oct 24, 5:04pm
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BNZ follows TSB with new lower home loan carded rates. It now leads the market. ANZ cuts too. We ask readers to update us with what they see in their banking apps
[updated]
Carded one year home loan rates fall below 6% now as wholesale rates turn their attention to the next RBNZ move
11th Oct 24, 9:02am
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Carded one year home loan rates fall below 6% now as wholesale rates turn their attention to the next RBNZ move
Kiwibank's CEO may be reluctant to enter the rural banking market, but lobby group Federated Farmers wants the Government to direct it to do so
9th Oct 24, 10:31am
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Kiwibank's CEO may be reluctant to enter the rural banking market, but lobby group Federated Farmers wants the Government to direct it to do so
[updated]
While we await expected floating rate cuts, ASB has trimmed its fixed home loan rates. We ask readers to share actual banking app rate offers, to shine a light on an opaque corner of the mortgage market
9th Oct 24, 8:35am
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While we await expected floating rate cuts, ASB has trimmed its fixed home loan rates. We ask readers to share actual banking app rate offers, to shine a light on an opaque corner of the mortgage market
[updated]
Kiwibank jumps the gun and cuts its floating rate before the Reserve Bank OCR decision on Wednesday, confident its 50 basis points cut will be matched by the central bank
8th Oct 24, 2:00pm
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Kiwibank jumps the gun and cuts its floating rate before the Reserve Bank OCR decision on Wednesday, confident its 50 basis points cut will be matched by the central bank
Our largest bank restarts the home loan and term deposit rate reductions with cuts, to market-low levels, one week ahead of the upcoming OCR review
1st Oct 24, 6:07pm
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Our largest bank restarts the home loan and term deposit rate reductions with cuts, to market-low levels, one week ahead of the upcoming OCR review
[updated]
Heartland signals to clients that it will launch sharp home loan reductions soon, reclaiming a market-leading rate position
27th Sep 24, 11:13am
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Heartland signals to clients that it will launch sharp home loan reductions soon, reclaiming a market-leading rate position