ASB
Westpac steps out of line with a 10 basis points cut to its 2-year fixed home loan rate. Although not a large drop, it is the first non-trivial reduction in a main bank 2-year rate for six months
14th Aug 23, 12:35pm
6
Westpac steps out of line with a 10 basis points cut to its 2-year fixed home loan rate. Although not a large drop, it is the first non-trivial reduction in a main bank 2-year rate for six months
NZ banks unify on anti-scam centre, but say this UK innovation to fight fraud isn't a silver bullet
12th Aug 23, 9:10am
9
NZ banks unify on anti-scam centre, but say this UK innovation to fight fraud isn't a silver bullet
Reserve Bank to ask whether New Zealand banks are able to cope with climate change in a 27-year scenario where the planet is 2° warmer
10th Aug 23, 2:47pm
6
Reserve Bank to ask whether New Zealand banks are able to cope with climate change in a 27-year scenario where the planet is 2° warmer
Commerce Commission says which bank gets our savings and home loans could reveal whether there's enough bank competition
10th Aug 23, 10:52am
37
Commerce Commission says which bank gets our savings and home loans could reveal whether there's enough bank competition
Past due & impaired loans on the rise at ASB as Aussie parent CBA highlights NZ mortgage impairments
ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise
10th Aug 23, 10:09am
3
ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise
Government set to gut loan affordability rules in CCCFA review to make sure people can borrow when they have good credit
9th Aug 23, 5:12pm
19
Government set to gut loan affordability rules in CCCFA review to make sure people can borrow when they have good credit
[updated]
Stats NZ figures show that total card spending fell by 0.9% in July, reversing some of the gains made in June when there was a rush of fuel spending to beat the excise duty rise
9th Aug 23, 11:30am
14
Stats NZ figures show that total card spending fell by 0.9% in July, reversing some of the gains made in June when there was a rush of fuel spending to beat the excise duty rise
[updated]
ASB June-year profit reaches $1.559 billion as net interest margin rises
Andrew Body & Simon Jensen look at how to boost bank lending to businesses and improve productivity
3rd Aug 23, 10:36am
10
Andrew Body & Simon Jensen look at how to boost bank lending to businesses and improve productivity
[updated]
Higher interest rate offers are motivating savers into term deposits at a faster rate. And the trend may speed up if the big banks crack the 6% mark
27th Jul 23, 1:48pm
90
Higher interest rate offers are motivating savers into term deposits at a faster rate. And the trend may speed up if the big banks crack the 6% mark
After quarterly inflation figures that contained, in the words of one economist, 'a number of red flags' for the Reserve Bank, upcoming labour market data are seen as key ahead of the RBNZ's next Official Cash Rate decision in August
24th Jul 23, 2:24pm
27
After quarterly inflation figures that contained, in the words of one economist, 'a number of red flags' for the Reserve Bank, upcoming labour market data are seen as key ahead of the RBNZ's next Official Cash Rate decision in August
Why Treasury told the Government it could, but shouldn't, grab a slice of big bank profits via a levy or tax top-up
18th Jul 23, 9:00am
33
Why Treasury told the Government it could, but shouldn't, grab a slice of big bank profits via a levy or tax top-up
SBS Bank pushes its one year term deposit rate offer to a 15 year high of 6.5% and well above every other bank. We are moving into an unfamiliar zone where some TD offers are higher than inflation
14th Jul 23, 4:30pm
30
SBS Bank pushes its one year term deposit rate offer to a 15 year high of 6.5% and well above every other bank. We are moving into an unfamiliar zone where some TD offers are higher than inflation
As the Commerce Commission's banking market study gets underway, Gareth Vaughan looks at the impact of regulation on competition
14th Jul 23, 8:32am
3
As the Commerce Commission's banking market study gets underway, Gareth Vaughan looks at the impact of regulation on competition
[updated]
ASB appeals class action lawsuit asking the bank to repay interest payments made by hundreds of thousands of customers between 2015 and 2019
12th Jul 23, 11:21am
5
ASB appeals class action lawsuit asking the bank to repay interest payments made by hundreds of thousands of customers between 2015 and 2019
BNZ moves some fixed home loan rates up but not by as much as some key rivals. Wholesale rate increases have been driving the shift higher
11th Jul 23, 8:30am
31
BNZ moves some fixed home loan rates up but not by as much as some key rivals. Wholesale rate increases have been driving the shift higher
Three of the five main banks have now pushed through higher home loan rates. Two of them have also raised some longer term deposit rates. In the background, some wholesale swap rates pushed on up to 15 year highs
6th Jul 23, 5:53pm
48
Three of the five main banks have now pushed through higher home loan rates. Two of them have also raised some longer term deposit rates. In the background, some wholesale swap rates pushed on up to 15 year highs
Westpac, ANZ, Citibank and ASB retain government banking contracts, BNZ and Kiwibank opt out
6th Jul 23, 3:00pm
3
Westpac, ANZ, Citibank and ASB retain government banking contracts, BNZ and Kiwibank opt out
Text messaging isn't secure and shouldn't be used by banks, or anyone, for verification: TCF boss Paul Brislen says
6th Jul 23, 2:20pm
18
Text messaging isn't secure and shouldn't be used by banks, or anyone, for verification: TCF boss Paul Brislen says
New Chief Financial Officer & Chief Risk Officer for ASB as ex-ASB executive joins Kiwibank board
5th Jul 23, 9:38am
1
New Chief Financial Officer & Chief Risk Officer for ASB as ex-ASB executive joins Kiwibank board
[updated]
July kicks off with a sharp hike by ASB to its one year fixed mortgage rate, taking it to its highest since late 2008. Will rivals follow?
3rd Jul 23, 10:25am
101
July kicks off with a sharp hike by ASB to its one year fixed mortgage rate, taking it to its highest since late 2008. Will rivals follow?
[updated]
Law firm Chapman Tripp is urging the Government to act on Law Commission recommendations to establish a proper legal framework for class actions
3rd Jul 23, 9:40am
Law firm Chapman Tripp is urging the Government to act on Law Commission recommendations to establish a proper legal framework for class actions
'A nerve centre to disrupt scams': what NZ can learn from Singapore as fraud and deception crimes rise 77% annually
29th Jun 23, 1:28pm
8
'A nerve centre to disrupt scams': what NZ can learn from Singapore as fraud and deception crimes rise 77% annually
KPMG's latest quarterly look at banks' financials highlights a significant step up in impaired asset expenses
29th Jun 23, 7:40am
15
KPMG's latest quarterly look at banks' financials highlights a significant step up in impaired asset expenses
ASB economists say the current influx of migrants doesn't appear to be adding significantly to demand pressures in the economy - but it is easing the country's labour market shortages
26th Jun 23, 2:18pm
28
ASB economists say the current influx of migrants doesn't appear to be adding significantly to demand pressures in the economy - but it is easing the country's labour market shortages