Banking
Loan arrears and loan impairments mostly on the rise across the big four Australasian banks
23rd Nov 23, 10:03am
Loan arrears and loan impairments mostly on the rise across the big four Australasian banks
David Cunningham examines the disparity between fixed and floating mortgage rates in New Zealand
23rd Nov 23, 9:06am
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David Cunningham examines the disparity between fixed and floating mortgage rates in New Zealand
'Limited appeal in the sector,' Macquarie equity analysis says of the big four Australasian banks
22nd Nov 23, 9:41am
'Limited appeal in the sector,' Macquarie equity analysis says of the big four Australasian banks
Looking at wholesale interest rates, there are signs that we may be at 'peak rate' about now. Savers should watch for signs that lower rate offers may be imminent. Borrowers may get some relief in early 2024
18th Nov 23, 9:46am
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Looking at wholesale interest rates, there are signs that we may be at 'peak rate' about now. Savers should watch for signs that lower rate offers may be imminent. Borrowers may get some relief in early 2024
Payments NZ CEO Steve Wiggins says NZ not behind other countries on open banking due to banks' influence, seeks 'joined up view' from regulators
18th Nov 23, 9:21am
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Payments NZ CEO Steve Wiggins says NZ not behind other countries on open banking due to banks' influence, seeks 'joined up view' from regulators
Could New Zealand First save the Conduct of Financial Institutions regime?
Protecting mortgagees' rights 'one of the critical elements of NZ’s financial system,' banks say of climate adaptation moves
15th Nov 23, 9:37am
Protecting mortgagees' rights 'one of the critical elements of NZ’s financial system,' banks say of climate adaptation moves
ANZ NZ financial results 'balanced very fairly across our customers and our shareholders,' CEO Antonia Watson says
14th Nov 23, 1:59pm
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ANZ NZ financial results 'balanced very fairly across our customers and our shareholders,' CEO Antonia Watson says
After years of work involving thousands of staff & hundreds of millions of dollars, the big four banks say they've met the RBNZ's new outsourcing requirements
14th Nov 23, 5:00am
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After years of work involving thousands of staff & hundreds of millions of dollars, the big four banks say they've met the RBNZ's new outsourcing requirements
[updated]
ANZ NZ annual profit holds above $2b despite higher loan impairments, CEO expects more stress among businesses & mortgage holders
13th Nov 23, 10:16am
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ANZ NZ annual profit holds above $2b despite higher loan impairments, CEO expects more stress among businesses & mortgage holders
CEO Dan Huggins says BNZ's home loan and deposit market share growth suggests its customers are happy, as annual profit & net interest margin surge
11th Nov 23, 9:15am
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CEO Dan Huggins says BNZ's home loan and deposit market share growth suggests its customers are happy, as annual profit & net interest margin surge
[updated]
BNZ annual profit tops $1.5 billion led by increase in net interest income
Westpac NZ CEO Catherine McGrath says changes to come will add value for customers
9th Nov 23, 9:30am
Westpac NZ CEO Catherine McGrath says changes to come will add value for customers
Rabobank says it remains committed to NZ & doesn't expect any significant changes to its services as RBNZ finalises new policy for banks operating in NZ as branches of overseas banks
8th Nov 23, 1:17pm
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Rabobank says it remains committed to NZ & doesn't expect any significant changes to its services as RBNZ finalises new policy for banks operating in NZ as branches of overseas banks
Peter Martin says the best guess of people who bet on this for a living is that Australia is about to join the rest of the world and leave rates where they are for quite some time
8th Nov 23, 11:44am
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Peter Martin says the best guess of people who bet on this for a living is that Australia is about to join the rest of the world and leave rates where they are for quite some time
RBNZ sees 'minimal impact' on wider public from tougher rules on banks operating in NZ as branches of overseas banks, touts 'onshoring' effect
8th Nov 23, 11:07am
RBNZ sees 'minimal impact' on wider public from tougher rules on banks operating in NZ as branches of overseas banks, touts 'onshoring' effect
[updated]
RBNZ to restrict banks operating in NZ as branches of overseas banks to wholesale business
7th Nov 23, 2:26pm
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RBNZ to restrict banks operating in NZ as branches of overseas banks to wholesale business
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
7th Nov 23, 9:16am
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
TSB's new chief Kerry Boielle is joining the bank from a senior position with Southern Cross Health Care Society, replacing Donna Cooper who departed earlier this year
6th Nov 23, 3:20pm
TSB's new chief Kerry Boielle is joining the bank from a senior position with Southern Cross Health Care Society, replacing Donna Cooper who departed earlier this year
What Revolut’s attempt to secure a UK banking licence could mean for its current customers and for the ‘unbanked’
6th Nov 23, 11:20am
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What Revolut’s attempt to secure a UK banking licence could mean for its current customers and for the ‘unbanked’
[updated]
Westpac New Zealand annual profit falls as expenses, loan impairments rise. Net interest margin increases
6th Nov 23, 10:27am
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Westpac New Zealand annual profit falls as expenses, loan impairments rise. Net interest margin increases
Reserve Bank to prepare and maintain a plan for dealing with every deposit taker in case it fails
4th Nov 23, 9:20am
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Reserve Bank to prepare and maintain a plan for dealing with every deposit taker in case it fails
Think the RBA will lift rates on Melbourne Cup day? Don’t bet your house on it, Peter Martin says
2nd Nov 23, 10:20am
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Think the RBA will lift rates on Melbourne Cup day? Don’t bet your house on it, Peter Martin says
Raghuram Rajan warns higher capital requirements for banks become counterproductive beyond a certain point
1st Nov 23, 11:20am
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Raghuram Rajan warns higher capital requirements for banks become counterproductive beyond a certain point
Citi analysts question loan provision levels being held by Australasia's big 4 banks, saying 'we expect the auditors would have some probing questions'
31st Oct 23, 9:21am
Citi analysts question loan provision levels being held by Australasia's big 4 banks, saying 'we expect the auditors would have some probing questions'