The comment stream

Reader poll

Bonds

Rating the chances of change

Roger J Kerr asks how sustainable the current totally “flat” NZ interest rate yield curve is

TSB Bank profit smashed

TSB tumbles into the red in December quarter on Solid Energy write-off; Cost to income ratio strong

Auckland Council bonds

Auckland Council considers retail bonds issue to raise as yet unspecified amount

All eyes on RBA rate decision

NZ swaps push higher and steeper. UST 10yr yields rise, should push up following first Fed hike mid-year. RBA decision tomorrow

Another Solid Energy bailout?

Updated
Solid Energy sees  'diminishing ability to repay or refinance debt.'' TSB writes off full $53.9m exposure, 5 other banks owed $300m plus

Moody's affirms Kiwibank rating

Kiwibank Aa3 credit rating with stable outlook affirmed by Moody's 

Fitch affirms Westpac, BNZ, ASB, ANZ ratings

Fitch affirms credit ratings of the big four Aussie-owned banks but notes their exposure to housing and agriculture

Migration gain hits new all time high

Updated
Net population gain from migration hits new record of 53,800 in year to January, more than double the previous 12 months figure; Westpac sees peak at 60k 

Taking stock of bank stress testing

Martien Lubberink argues New Zealand needs to play catch up in bank stress testing

ANZ outlines capital notes offer

ANZ seeks at least $250 mln from BBB- rated capital note issue likely to have coupon above 7%

Key over-rules authority on MPs' pay

Cabinet decides to change law for Remuneration Authority to ensure future pay increases for MPs are in line with rest of public sector