borrowers
Kiwibank joins BNZ with some home loan rate cuts and hikes, matched with term deposit rate cuts (but no hikes)
9th Dec 24, 10:54am
14
Kiwibank joins BNZ with some home loan rate cuts and hikes, matched with term deposit rate cuts (but no hikes)
Online mortgage bank Heartland pushes all its fixed home loan rates down to the lowest level of any bank
4th Dec 24, 10:02am
12
Online mortgage bank Heartland pushes all its fixed home loan rates down to the lowest level of any bank
Although BNZ's latest home loan rate moves are not to especially unique levels, their raising of rates at the long end signal a different shape in the rate curves
3rd Dec 24, 8:44am
15
Although BNZ's latest home loan rate moves are not to especially unique levels, their raising of rates at the long end signal a different shape in the rate curves
ASB cuts fixed mortgage rates, and term deposit rates, signaling a final December push for precious housing sale transactions
2nd Dec 24, 7:30am
29
ASB cuts fixed mortgage rates, and term deposit rates, signaling a final December push for precious housing sale transactions
[updated]
Yes, the OCR was cut, and floating rates have gone down. But so have some fixed rates. We track the fixed rate changes here
27th Nov 24, 3:48pm
7
Yes, the OCR was cut, and floating rates have gone down. But so have some fixed rates. We track the fixed rate changes here
[updated]
ANZ NZ unveils some mortgage and term deposit rate cuts ahead of Wednesday's Official Cash Rate review
26th Nov 24, 5:26pm
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ANZ NZ unveils some mortgage and term deposit rate cuts ahead of Wednesday's Official Cash Rate review
Gareth Vaughan suggests bank capital will again be a key area of debate as parliamentary select committees inquire about banking competition
14th Jun 24, 5:00am
11
Gareth Vaughan suggests bank capital will again be a key area of debate as parliamentary select committees inquire about banking competition
Pricing of NZ mortgage interest rates 'difficult to reconcile' and offers 'unsustainable returns', says CEO of ASB's Aussie parent bank CBA
20th Aug 23, 6:00am
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Pricing of NZ mortgage interest rates 'difficult to reconcile' and offers 'unsustainable returns', says CEO of ASB's Aussie parent bank CBA
ANZ Banking Group CEO Shayne Elliott says Australia's mortgage and deposit markets more competitive than NZ in rising interest rate environment
9th May 23, 5:57pm
2
ANZ Banking Group CEO Shayne Elliott says Australia's mortgage and deposit markets more competitive than NZ in rising interest rate environment
Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
8th Mar 23, 11:59am
45
Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
CEO Vittoria Shortt says ASB's assisting customers by 'passing on pricing movements faster and in greater quantum' on term deposits than loans
16th Feb 23, 12:04pm
9
CEO Vittoria Shortt says ASB's assisting customers by 'passing on pricing movements faster and in greater quantum' on term deposits than loans
Kiwibank Chief Economist Jarrod Kerr on why he expects the OCR to be hiked another 100 basis points by August, but why the RBNZ doesn't need to go as high as its 4% OCR forecast
29th May 22, 6:00am
140
Kiwibank Chief Economist Jarrod Kerr on why he expects the OCR to be hiked another 100 basis points by August, but why the RBNZ doesn't need to go as high as its 4% OCR forecast
ANZ loosens high LVR home lending criteria after November clamp-down, but borrowers need more uncommitted monthly income than before
21st Feb 22, 3:39pm
20
ANZ loosens high LVR home lending criteria after November clamp-down, but borrowers need more uncommitted monthly income than before
Economist Rodney Dickens sees sharply rising interest rates as vaccines allow a good recovery, but that will only accentuate problems arising from the massive rescue debt, likely triggering another more severe downturn
6th Feb 21, 2:12pm
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Economist Rodney Dickens sees sharply rising interest rates as vaccines allow a good recovery, but that will only accentuate problems arising from the massive rescue debt, likely triggering another more severe downturn
Gareth Vaughan looks at the strenuous efforts authorities are making to keep the debt/credit taps on, concluding the banking industry 'normal' may not be the same the other side of COVID-19
25th Mar 20, 10:38am
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Gareth Vaughan looks at the strenuous efforts authorities are making to keep the debt/credit taps on, concluding the banking industry 'normal' may not be the same the other side of COVID-19
ANZ economists now see no further cuts at all to the Official Cash Rate this year after only a matter of weeks ago forecasting three further cuts
21st Jan 20, 11:45am
23
ANZ economists now see no further cuts at all to the Official Cash Rate this year after only a matter of weeks ago forecasting three further cuts
Economist Rodney Dickens wonders if bank lending criteria are the reason the housing market remains sluggish despite interest rate cuts
18th Dec 19, 2:07pm
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Economist Rodney Dickens wonders if bank lending criteria are the reason the housing market remains sluggish despite interest rate cuts
Federated Farmers is urging the banks to absorb as much as possible of the additional costs of the new bank capital requirements 'rather than dump it all on customers, and especially on under-pressure farmers'
5th Dec 19, 3:23pm
10
Federated Farmers is urging the banks to absorb as much as possible of the additional costs of the new bank capital requirements 'rather than dump it all on customers, and especially on under-pressure farmers'
ANZ economists now see OCR only going as low as 0.75% following a softening of the RBNZ proposals for bank capital, combined with a more positive domestic outlook and in particular upside to government infrastructure spending
5th Dec 19, 1:22pm
2
ANZ economists now see OCR only going as low as 0.75% following a softening of the RBNZ proposals for bank capital, combined with a more positive domestic outlook and in particular upside to government infrastructure spending
Final decisions in RBNZ capital review still require $20b increase for banks but composition of capital is softened and banks get 7 years instead of 5 to adapt
5th Dec 19, 12:00pm
34
Final decisions in RBNZ capital review still require $20b increase for banks but composition of capital is softened and banks get 7 years instead of 5 to adapt
The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals
24th Oct 19, 4:33pm
6
The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals
A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too
21st Oct 19, 5:02am
19
A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too
The last of the major banks trims its key mortgage rates, falling into line with the levels triggered by ANZ earlier in the week. With low rates very tightly bunched, no bank can afford to be out of line
18th Oct 19, 9:42am
24
The last of the major banks trims its key mortgage rates, falling into line with the levels triggered by ANZ earlier in the week. With low rates very tightly bunched, no bank can afford to be out of line
BNZ cuts both mortgage rates and term deposit rates, lowering rates across a wider range of terms and leaving a few majors with rate levels higher than their main rivals
17th Oct 19, 9:02am
4
BNZ cuts both mortgage rates and term deposit rates, lowering rates across a wider range of terms and leaving a few majors with rate levels higher than their main rivals
Westpac follows ANZ lower with reduced carded offers for the two key fixed home loan rates
15th Oct 19, 4:26pm
4
Westpac follows ANZ lower with reduced carded offers for the two key fixed home loan rates