mortgage deferrals
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
3rd Sep 21, 7:39am
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
Kiwibank boss Steve Jurkovich says little noticeable impact on customers so far since move into Covid-19 level 4 lockdown
26th Aug 21, 1:11pm
Kiwibank boss Steve Jurkovich says little noticeable impact on customers so far since move into Covid-19 level 4 lockdown
The New Zealand Bankers' Association says there are no plans to resurrect the mortgage deferral scheme, but isn't ruling out doing so
24th Aug 21, 8:00am
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The New Zealand Bankers' Association says there are no plans to resurrect the mortgage deferral scheme, but isn't ruling out doing so
Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country
28th Jun 21, 2:41pm
Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country
Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February
8th Jun 21, 11:09am
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Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February
Credit bureau Centrix says there's been a 10% increase in the number of households in hardship since the end of the Reserve Bank's mortgage deferral scheme
11th May 21, 10:22am
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Credit bureau Centrix says there's been a 10% increase in the number of households in hardship since the end of the Reserve Bank's mortgage deferral scheme
Credit firm Equifax says the surge in mortgage activity by the big banks has driven a more than 100% rise in credit inquiries
10th May 21, 1:42pm
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Credit firm Equifax says the surge in mortgage activity by the big banks has driven a more than 100% rise in credit inquiries
Credit bureau Centrix says buy now pay later demand has fallen to its lowest level in nearly a year, but elsewhere credit demand has recovered
13th Apr 21, 8:31am
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Credit bureau Centrix says buy now pay later demand has fallen to its lowest level in nearly a year, but elsewhere credit demand has recovered
The country's key home lenders detail where they're at with COVID-19 related mortgage deferrals as the year long scheme comes to an end
8th Apr 21, 10:14am
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The country's key home lenders detail where they're at with COVID-19 related mortgage deferrals as the year long scheme comes to an end
As mortgage deferral scheme ends banks may offer still struggling borrowers a further temporary payment deferral, extend the term of the loan to reduce repayments, or move borrowers to interest-only repayments
31st Mar 21, 10:56am
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As mortgage deferral scheme ends banks may offer still struggling borrowers a further temporary payment deferral, extend the term of the loan to reduce repayments, or move borrowers to interest-only repayments
Kiwibank CEO Steve Jurkovich says banks could use cheap RBNZ Funding for Lending Programme money to lower floating mortgage rates
26th Feb 21, 7:49am
Kiwibank CEO Steve Jurkovich says banks could use cheap RBNZ Funding for Lending Programme money to lower floating mortgage rates
ANZ Banking Group CEO Shayne Elliott says bank's NZ staff have 'been really run off their feet' meeting record demand for home loans
18th Feb 21, 11:48am
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ANZ Banking Group CEO Shayne Elliott says bank's NZ staff have 'been really run off their feet' meeting record demand for home loans
ASB posts 4% rise in half-year profit to $625 million as income rises and expenses fall
10th Feb 21, 10:49am
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ASB posts 4% rise in half-year profit to $625 million as income rises and expenses fall
Expectations 'very high' ahead of half-year financial results from ASB's parent Commonwealth Bank of Australia
4th Feb 21, 9:26am
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Expectations 'very high' ahead of half-year financial results from ASB's parent Commonwealth Bank of Australia
Morgan Stanley says massive quantities of government and central bank fiscal and monetary policy stimulus is suppressing banks' loan losses
29th Jan 21, 7:50am
Morgan Stanley says massive quantities of government and central bank fiscal and monetary policy stimulus is suppressing banks' loan losses
Credit bureau Equifax says 96% of all accounts previously in mortgage deferral are now up to date
4th Dec 20, 9:44am
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Credit bureau Equifax says 96% of all accounts previously in mortgage deferral are now up to date
Citi banking analysts see growing optimism in Australia's housing and mortgage markets
10th Nov 20, 9:32am
Citi banking analysts see growing optimism in Australia's housing and mortgage markets
Annual profit falls $260 million at BNZ as COVID-19 makes its impact felt, income falls and expenses rise
5th Nov 20, 10:29am
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Annual profit falls $260 million at BNZ as COVID-19 makes its impact felt, income falls and expenses rise
CEO Antonia Watson says ANZ NZ's 'in reasonably good shape' in terms of COVID-19 related mortgage deferrals, suggests RBNZ's ban on banks paying dividends could end
2nd Nov 20, 12:26pm
CEO Antonia Watson says ANZ NZ's 'in reasonably good shape' in terms of COVID-19 related mortgage deferrals, suggests RBNZ's ban on banks paying dividends could end
Westpac NZ September year profit falls 43% as loan impairment charges surge, income falls and expenses rise
2nd Nov 20, 10:21am
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Westpac NZ September year profit falls 43% as loan impairment charges surge, income falls and expenses rise
ANZ New Zealand posts lower annual profit as its credit impairment charge surges, income falls, expenses rise and it loses money on the sale of UDC. ANZ Group says 2% of NZ mortgage book on a deferral plan
29th Oct 20, 10:17am
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ANZ New Zealand posts lower annual profit as its credit impairment charge surges, income falls, expenses rise and it loses money on the sale of UDC. ANZ Group says 2% of NZ mortgage book on a deferral plan
Andrew Cornell of Bluenotes delves into how the economy and the business sector will fare when COVID-19 related life support is eventually switched off, and what this may mean for banks' bad loans
22nd Oct 20, 12:27pm
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Andrew Cornell of Bluenotes delves into how the economy and the business sector will fare when COVID-19 related life support is eventually switched off, and what this may mean for banks' bad loans
S&P Global Ratings plays down COVID-19 related deferred loans in Australia, saying they could overstate the credit losses the parents of NZ's big four banks ultimately face
9th Oct 20, 9:59am
S&P Global Ratings plays down COVID-19 related deferred loans in Australia, saying they could overstate the credit losses the parents of NZ's big four banks ultimately face
Analysts at Morgan Stanley detail their expectations for the big four Australasian banks' September quarter loan impairment charges
6th Oct 20, 9:22am
Analysts at Morgan Stanley detail their expectations for the big four Australasian banks' September quarter loan impairment charges
Gareth Vaughan on some cash with your toilet paper, UBI & wellbeing, 'delinquent' Aussie mortgage deferrers, Brazil's Manaus & herd immunity, vaccines & preventing symptomatic infections
2nd Oct 20, 9:56am
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Gareth Vaughan on some cash with your toilet paper, UBI & wellbeing, 'delinquent' Aussie mortgage deferrers, Brazil's Manaus & herd immunity, vaccines & preventing symptomatic infections