Westpac
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
64
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
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
2nd Dec 24, 11:49am
15
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
Big four banks meet deadline for easier customer sharing of account info with fintechs
29th Nov 24, 5:00am
4
Big four banks meet deadline for easier customer sharing of account info with fintechs
Latest ANZ Business Outlook survey shows the economy is still very weak 'but things are starting to turn higher'
28th Nov 24, 1:29pm
22
Latest ANZ Business Outlook survey shows the economy is still very weak 'but things are starting to turn higher'
[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
170
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
Westpac NZ CEO and Chairwoman quizzed about poor customer satisfaction and controversial returns comparison at parliamentary banking probe
21st Nov 24, 9:16am
2
Westpac NZ CEO and Chairwoman quizzed about poor customer satisfaction and controversial returns comparison at parliamentary banking probe
[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
23
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
Following another strong dairy auction, Westpac economists now have the highest milk price forecast; ASB economists have also raised their forecast as a record payout for this season looks ever more likely
20th Nov 24, 3:05pm
1
Following another strong dairy auction, Westpac economists now have the highest milk price forecast; ASB economists have also raised their forecast as a record payout for this season looks ever more likely
Bank CEOs urge balance between regulation and innovation amid 'regulatory congestion' concerns
20th Nov 24, 7:42am
1
Bank CEOs urge balance between regulation and innovation amid 'regulatory congestion' concerns
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
23
The country’s biggest banks ‘dangling the carrot’ via home loan cashbacks ranging from $5,000 to as much as $25,000
S&P Global Ratings sees more of the same from New Zealand's big four banks
[updated]
Statistics NZ's Selected Price Indexes show inflationary pressures are continuing to look subdued following the big rises of the past few years
14th Nov 24, 11:21am
27
Statistics NZ's Selected Price Indexes show inflationary pressures are continuing to look subdued following the big rises of the past few years
Big banks' dividend and capital surges year-on-year despite softer profits for three of four
13th Nov 24, 9:46am
Big banks' dividend and capital surges year-on-year despite softer profits for three of four
Almost $7 billion sweetens the pot of KiwiSaver funds under management during the September quarter
12th Nov 24, 4:47pm
5
Almost $7 billion sweetens the pot of KiwiSaver funds under management during the September quarter
Monthly retail spending has seen its first year-on-year increase for the first time since February; hospitality industry has biggest monthly rise since November 2023
12th Nov 24, 11:20am
15
Monthly retail spending has seen its first year-on-year increase for the first time since February; hospitality industry has biggest monthly rise since November 2023
Economists see the Reserve Bank being wary on inflation and taking a cautious approach to further interest rate cuts next year
12th Nov 24, 10:05am
9
Economists see the Reserve Bank being wary on inflation and taking a cautious approach to further interest rate cuts next year
Westpac economists say the change in US administration reinforces their expectations that the RBNZ's approach to monetary policy easing over the New Year will be more cautious
11th Nov 24, 11:46am
20
Westpac economists say the change in US administration reinforces their expectations that the RBNZ's approach to monetary policy easing over the New Year will be more cautious
Andrew Laming has more questions for the Parliamentary Banking Inquiry, suggesting rural loan risks don't justify the capital risk weights being used
8th Nov 24, 10:54am
3
Andrew Laming has more questions for the Parliamentary Banking Inquiry, suggesting rural loan risks don't justify the capital risk weights being used
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
18
TSB launches 5.69% 'special offer' for one year fixed home loan rate, lower than any main bank's carded rate for that term
Westpac NZ CEO Catherine McGrath says any possible bank profit tax 'not on the top of my list of things that I can do anything about'
5th Nov 24, 9:14am
Westpac NZ CEO Catherine McGrath says any possible bank profit tax 'not on the top of my list of things that I can do anything about'
[updated]
Annual profit up for Westpac NZ as income rises and loan impairments fall
As MPs probe bank competition, Andrew Laming calls for an honest discussion on how capital allocation drivers are set
2nd Nov 24, 7:01am
30
As MPs probe bank competition, Andrew Laming calls for an honest discussion on how capital allocation drivers are set
Big four Australasian banks expected to deliver 'another uneventful reporting season'
31st Oct 24, 9:11am
Big four Australasian banks expected to deliver 'another uneventful reporting season'
ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates
29th Oct 24, 9:57am
1
ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates