Westpac
Kiwibank has jumped to the head of the queue with its latest fixed home loan offers, targeting the most popular terms at the short end
21st Feb 25, 10:31am
21
Kiwibank has jumped to the head of the queue with its latest fixed home loan offers, targeting the most popular terms at the short end
The Red Bank pulls away from its sub 5% rate offer, but ANZ then jumped in with a 4.99% two year fixed carded offer
19th Feb 25, 3:07pm
48
The Red Bank pulls away from its sub 5% rate offer, but ANZ then jumped in with a 4.99% two year fixed carded offer
[updated]
TSB shines with a pre-RBNZ rate drop for fixed home loan rates, with their one year rate at a market leading level not seen since May 2023 from any other bank
18th Feb 25, 8:43am
13
TSB shines with a pre-RBNZ rate drop for fixed home loan rates, with their one year rate at a market leading level not seen since May 2023 from any other bank
[updated]
Influential RBNZ survey has shown drops in the expectations of the future levels of inflation in a move that will give the central bank comfort ahead of its first Official Cash Rate decision of the year next week
13th Feb 25, 3:24pm
40
Influential RBNZ survey has shown drops in the expectations of the future levels of inflation in a move that will give the central bank comfort ahead of its first Official Cash Rate decision of the year next week
[updated]
Stats NZ says retail card spending dropped 1.6% on a seasonally adjusted basis in January after growing strongly in December
13th Feb 25, 11:21am
40
Stats NZ says retail card spending dropped 1.6% on a seasonally adjusted basis in January after growing strongly in December
ASB cuts its fixed mortgage rates to market lows, and cuts term deposit rates even harder, in moves much larger than wholesale rate changes
12th Feb 25, 8:29am
109
ASB cuts its fixed mortgage rates to market lows, and cuts term deposit rates even harder, in moves much larger than wholesale rate changes
Westpac economists believe the record returns likely coming to dairy farmers this milking season can be just about maintained in the next season as well
11th Feb 25, 2:42pm
4
Westpac economists believe the record returns likely coming to dairy farmers this milking season can be just about maintained in the next season as well
KiwiSaver funds under management ticked over $121 billion in the December 2024 quarter, according to Morningstar
5th Feb 25, 3:26pm
5
KiwiSaver funds under management ticked over $121 billion in the December 2024 quarter, according to Morningstar
Westpac surprises the home loan market with a big cut to its fixed three year rate, taking it below 5% to the lowest any mortgage rate has been in 27 months
5th Feb 25, 3:09pm
76
Westpac surprises the home loan market with a big cut to its fixed three year rate, taking it below 5% to the lowest any mortgage rate has been in 27 months
Union provides four recommendations to banking inquiry to fight what it calls 'bankflation'
30th Jan 25, 5:00am
8
Union provides four recommendations to banking inquiry to fight what it calls 'bankflation'
Westpac falls into line with matching mortgage and term deposit rate reductions. That leaves Kiwibank out on a bit of a limb, but at least they have the best main-bank term deposit rate
23rd Jan 25, 6:10pm
16
Westpac falls into line with matching mortgage and term deposit rate reductions. That leaves Kiwibank out on a bit of a limb, but at least they have the best main-bank term deposit rate
[updated]
Monthly retail spending figures ended the year on a stronger footing after much weakness in spending throughout 2024
21st Jan 25, 11:38am
13
Monthly retail spending figures ended the year on a stronger footing after much weakness in spending throughout 2024
Luci Ellis points out that as an economy shifts to more services and faster technical obsolescence, it means these assets will depreciate faster, profits will rise to pay for it, and worker's share of economic gains will retreat
19th Jan 25, 8:00am
Luci Ellis points out that as an economy shifts to more services and faster technical obsolescence, it means these assets will depreciate faster, profits will rise to pay for it, and worker's share of economic gains will retreat
Westpac says the drivers for higher gold prices are still in place, even though traditional analysis suggests it may have peaked
18th Jan 25, 3:41pm
2
Westpac says the drivers for higher gold prices are still in place, even though traditional analysis suggests it may have peaked
Westpac says spending on its credit and debit cards was up just 2% in December compared with the previous year
16th Jan 25, 9:30am
6
Westpac says spending on its credit and debit cards was up just 2% in December compared with the previous year
Westpac McDermott Miller Employment Confidence Survey shows rise, but confidence remains close to its lowest levels since the 2020 Covid lockdown
15th Jan 25, 10:28am
2
Westpac McDermott Miller Employment Confidence Survey shows rise, but confidence remains close to its lowest levels since the 2020 Covid lockdown
Latest Stats NZ figures show filled jobs rose by nearly 6,000 in November - the first monthly rise since March 2024
13th Jan 25, 11:32am
32
Latest Stats NZ figures show filled jobs rose by nearly 6,000 in November - the first monthly rise since March 2024
Westpac fails fair dealing standards for 24,600 customers who took up its promotional package offers that were supposed to deliver discounts and benefits
23rd Dec 24, 10:12am
11
Westpac fails fair dealing standards for 24,600 customers who took up its promotional package offers that were supposed to deliver discounts and benefits
SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete
18th Dec 24, 3:11pm
2
SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete
[updated]
Statistics NZ's Selected Price Indexes show continuing subdued pricing pressures - other than a spike in air fare and accommodation costs that 'coincided' with performances around the country by several global overseas artists
16th Dec 24, 11:38am
30
Statistics NZ's Selected Price Indexes show continuing subdued pricing pressures - other than a spike in air fare and accommodation costs that 'coincided' with performances around the country by several global overseas artists
Westpac releases call recording made by customer of an attempted scam, and provides tips on how to avoid getting ripped off
16th Dec 24, 10:17am
1
Westpac releases call recording made by customer of an attempted scam, and provides tips on how to avoid getting ripped off
Monthly retail spending figures were flat in November after showing the strongest rise in months in October
12th Dec 24, 11:33am
39
Monthly retail spending figures were flat in November after showing the strongest rise in months in October
[updated]
Fintechs could be stymied by costly and differing access to open banking application programming interfaces
10th Dec 24, 12:43pm
9
Fintechs could be stymied by costly and differing access to open banking application programming interfaces
Interest.co.nz goes on a search for Commerce Commission Chairman John Small's 'recalcitrant' bank
10th Dec 24, 5:00am
7
Interest.co.nz goes on a search for Commerce Commission Chairman John Small's 'recalcitrant' bank
Commerce Commission Chairman John Small says 'cordial discussion' with CEO of a bank 'recalcitrant' on open banking proved fruitful
4th Dec 24, 10:32am
5
Commerce Commission Chairman John Small says 'cordial discussion' with CEO of a bank 'recalcitrant' on open banking proved fruitful