ANZ
CEO Antonia Watson says ANZ NZ sees open banking as an opportunity but it needs to pass 'the front page of the paper test'
8th May 24, 11:14am
CEO Antonia Watson says ANZ NZ sees open banking as an opportunity but it needs to pass 'the front page of the paper test'
[updated]
ASB adjusts its home loan rate card lower as wholesale rates ease, keeping its short fixed rates competitive, but not undercutting is main rival. ASB has trimmed TD rates too
8th May 24, 8:06am
16
ASB adjusts its home loan rate card lower as wholesale rates ease, keeping its short fixed rates competitive, but not undercutting is main rival. ASB has trimmed TD rates too
KiwiSaver funds under management reach $108.6 billion in March as top players narrow the gap, according to new Morningstar report
7th May 24, 2:40pm
2
KiwiSaver funds under management reach $108.6 billion in March as top players narrow the gap, according to new Morningstar report
[updated]
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging
7th May 24, 10:11am
21
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging
[updated]
ANZ takes -10 bps off some key home loan and term deposit rates. In fact, ANZ has all but one of its TD rate in this rate cycle below 6%. It is a clear signal that retail interest rates are passing their peak
2nd May 24, 7:39pm
24
ANZ takes -10 bps off some key home loan and term deposit rates. In fact, ANZ has all but one of its TD rate in this rate cycle below 6%. It is a clear signal that retail interest rates are passing their peak
Co-operative Bank comes out on top in Consumer NZ’s annual banking satisfaction survey
2nd May 24, 9:29am
3
Co-operative Bank comes out on top in Consumer NZ’s annual banking satisfaction survey
ANZ report says Auckland housing market has remained soft despite the recent surge in net migration
29th Apr 24, 2:59pm
54
ANZ report says Auckland housing market has remained soft despite the recent surge in net migration
RBNZ's Christian Hawkesby cautions against throwing out 'internationally accepted approach to bank capital for large, sophisticated financial institutions'
25th Apr 24, 9:30am
9
RBNZ's Christian Hawkesby cautions against throwing out 'internationally accepted approach to bank capital for large, sophisticated financial institutions'
Heartland Bank's latest rise in its carded fixed home loan rates still leaves it with some of the lowest rates in the market. The approaching May selling period is the last main chance for banks to meet their lending targets this budget year
24th Apr 24, 10:25am
14
Heartland Bank's latest rise in its carded fixed home loan rates still leaves it with some of the lowest rates in the market. The approaching May selling period is the last main chance for banks to meet their lending targets this budget year
Technology lawyer Andrew Dentice urges more discussion on the services open banking enables, and less on the technology behind it
20th Apr 24, 9:31am
16
Technology lawyer Andrew Dentice urges more discussion on the services open banking enables, and less on the technology behind it
Challenger bank SBS jumps into the mortgage market with a big splash, aiming to snare an outsized share of deals as the real estate market winds down for the summer/autumn season
19th Apr 24, 3:18pm
18
Challenger bank SBS jumps into the mortgage market with a big splash, aiming to snare an outsized share of deals as the real estate market winds down for the summer/autumn season
Prime Minister Christopher Luxon has been asked not to make ’unhelpful’ references to New Zealand in his overseas speeches
19th Apr 24, 6:46am
124
Prime Minister Christopher Luxon has been asked not to make ’unhelpful’ references to New Zealand in his overseas speeches
There weren't too many surprises in the new inflation figures out of Statistics NZ, but there’s enough in the data to keep the RBNZ nervous
17th Apr 24, 4:01pm
18
There weren't too many surprises in the new inflation figures out of Statistics NZ, but there’s enough in the data to keep the RBNZ nervous
Ahead of April 17’s much anticipated release of the March quarter CPI, Westpac, ANZ and Kiwibank cast their predictions with all three banks expecting annual inflation to be higher than the RBNZ has forecast
14th Apr 24, 8:07am
61
Ahead of April 17’s much anticipated release of the March quarter CPI, Westpac, ANZ and Kiwibank cast their predictions with all three banks expecting annual inflation to be higher than the RBNZ has forecast
Fintech startup Emerge wants to 'fix' banking in New Zealand, starting with SMEs before launching into consumer banking
9th Apr 24, 10:40am
1
Fintech startup Emerge wants to 'fix' banking in New Zealand, starting with SMEs before launching into consumer banking
Gareth Vaughan takes a look at how the Commerce Commission's suggestion of strengthening Kiwibank to enable it to better compete with its Aussie owned rivals could be accomplished
8th Apr 24, 4:38pm
34
Gareth Vaughan takes a look at how the Commerce Commission's suggestion of strengthening Kiwibank to enable it to better compete with its Aussie owned rivals could be accomplished
As the real estate selling season tails off, two banks trim a key home loan rate just before the RBNZ does its review, and markets turn sceptical rate cuts are imminent
8th Apr 24, 9:08am
39
As the real estate selling season tails off, two banks trim a key home loan rate just before the RBNZ does its review, and markets turn sceptical rate cuts are imminent
New Zealand Commerce Commission's plea for lower bank capital to bolster bank competition – what could possibly go wrong?
3rd Apr 24, 10:11am
13
New Zealand Commerce Commission's plea for lower bank capital to bolster bank competition – what could possibly go wrong?
ANZ economists say the recent published drop in GDP data 'seems to have given things a decent shunt south' in respect to business confidence
28th Mar 24, 1:23pm
49
ANZ economists say the recent published drop in GDP data 'seems to have given things a decent shunt south' in respect to business confidence
ANZ-Roy Morgan consumer confidence survey shows a sharp fall with sentiment 'likely affected by recession headlines'
28th Mar 24, 10:46am
23
ANZ-Roy Morgan consumer confidence survey shows a sharp fall with sentiment 'likely affected by recession headlines'
Commerce Commission wants more influence over interbank payments, potentially including regulation, to increase competition and efficiency
28th Mar 24, 5:00am
4
Commerce Commission wants more influence over interbank payments, potentially including regulation, to increase competition and efficiency
[updated]
Maybe it wasn't a good idea to train users to divulge their Internet banking credentials to third parties?
26th Mar 24, 1:23pm
21
Maybe it wasn't a good idea to train users to divulge their Internet banking credentials to third parties?
Commerce Commission Chairman John Small on what the market for personal banking services could look like in five years' time
24th Mar 24, 7:00am
15
Commerce Commission Chairman John Small on what the market for personal banking services could look like in five years' time
ANZ adds back 1% to its credit card interest rates that it reduced during 'the low interest rate environment during Covid' with its standard cards now incurring a 20.95% rate
22nd Mar 24, 1:34pm
8
ANZ adds back 1% to its credit card interest rates that it reduced during 'the low interest rate environment during Covid' with its standard cards now incurring a 20.95% rate
[updated]
Gareth Vaughan highlights how in its draft recommendations to bolster retail banking competition, the Commerce Commission is muscling in on the Reserve Bank's turf and seeking market intervention from a 3-headed government
21st Mar 24, 1:44pm
12
Gareth Vaughan highlights how in its draft recommendations to bolster retail banking competition, the Commerce Commission is muscling in on the Reserve Bank's turf and seeking market intervention from a 3-headed government