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ASB

ASB and The Co-operative Bank make mortgage rate changes, and some savings account changes. There are small variations between institutions that open up some opportunities
22nd Aug 22, 10:30am
31
ASB and The Co-operative Bank make mortgage rate changes, and some savings account changes. There are small variations between institutions that open up some opportunities
Kiwibank CEO Steve Jurkovich expects an increase in housing market activity in spring, but not at the levels of recent years
20th Aug 22, 9:57am
145
Kiwibank CEO Steve Jurkovich expects an increase in housing market activity in spring, but not at the levels of recent years
CEO Vittoria Shortt says ASB hasn't been pocketing any of the benefit from the billions of dollars of RBNZ funding for lending money it's accessing
12th Aug 22, 5:00am
16
CEO Vittoria Shortt says ASB hasn't been pocketing any of the benefit from the billions of dollars of RBNZ funding for lending money it's accessing
Just as the RBNZ is about to raise the OCR again, fixed rates for home loans continue their falls. Now no bank has a one year rate over 5%
11th Aug 22, 12:12pm
14
Just as the RBNZ is about to raise the OCR again, fixed rates for home loans continue their falls. Now no bank has a one year rate over 5%
[updated]
ASB June year profit pushes towards $1.5 billion, CEO Vittoria Shortt says affordable lending principles working in rising interest rate environment
10th Aug 22, 10:48am
84
ASB June year profit pushes towards $1.5 billion, CEO Vittoria Shortt says affordable lending principles working in rising interest rate environment
Influential RBNZ survey shows significant fall in expectations of inflation in two years time - but the fall is unlikely to deter the central bank from another 50 point OCR hike next week
8th Aug 22, 3:33pm
31
Influential RBNZ survey shows significant fall in expectations of inflation in two years time - but the fall is unlikely to deter the central bank from another 50 point OCR hike next week
[updated]
More banks lower home loan interest rates, some sharply, and one also raised its term deposit offers. Market share defence in a quiet housing market is squeezing banks hard
4th Aug 22, 9:24am
46
More banks lower home loan interest rates, some sharply, and one also raised its term deposit offers. Market share defence in a quiet housing market is squeezing banks hard
As borrowers shift their sights to longer fixed terms, Kiwibank trims its one year rate to a very competitive level. In the background swap rates rose, then fell sharply over the past week or so
1st Aug 22, 8:27am
32
As borrowers shift their sights to longer fixed terms, Kiwibank trims its one year rate to a very competitive level. In the background swap rates rose, then fell sharply over the past week or so
David Hargreaves assesses the possibilities and prospects ahead of the release of labour market data next week that will likely show the country's unemployment rate hitting a new low and the biggest rates of pay rises in well over a decade
31st Jul 22, 6:00am
87
David Hargreaves assesses the possibilities and prospects ahead of the release of labour market data next week that will likely show the country's unemployment rate hitting a new low and the biggest rates of pay rises in well over a decade
ASB the biggest user of the public money on offer via the Reserve Bank's Funding for Lending Programme
22nd Jul 22, 5:00am
27
ASB the biggest user of the public money on offer via the Reserve Bank's Funding for Lending Programme
ANZ economists have changed their call and now see a higher peak of 4% for the OCR and say a 75-point rise next month 'is a very real possibility'; ASB also sees a chance of a 75-pointer
18th Jul 22, 1:53pm
67
ANZ economists have changed their call and now see a higher peak of 4% for the OCR and say a 75-point rise next month 'is a very real possibility'; ASB also sees a chance of a 75-pointer
Latest inflation figures have come in even hotter than economists and the Reserve Bank had forecast
18th Jul 22, 10:54am
212
Latest inflation figures have come in even hotter than economists and the Reserve Bank had forecast
Annual inflation is widely expected to hit a 32-year high of at least 7% when the latest official data is released - but the real issue is whether this will be the peak
15th Jul 22, 9:07am
90
Annual inflation is widely expected to hit a 32-year high of at least 7% when the latest official data is released - but the real issue is whether this will be the peak
Reserve Bank makes it three in a row for 50 point OCR hikes; says it is 'resolute' in commitment to getting inflation down
13th Jul 22, 2:05pm
166
Reserve Bank makes it three in a row for 50 point OCR hikes; says it is 'resolute' in commitment to getting inflation down
ASB the last main bank to follow ANZ down with a cut to its 2yr fixed home loan rate offer, cuts 1yr rate too. Challenger banks make changes as well, leaving TSB with the most competitive full rate card
8th Jul 22, 9:31am
27
ASB the last main bank to follow ANZ down with a cut to its 2yr fixed home loan rate offer, cuts 1yr rate too. Challenger banks make changes as well, leaving TSB with the most competitive full rate card
ASB economists say tackling labour shortages looks to be the key to mitigating inflationary pressure
6th Jul 22, 8:00am
30
ASB economists say tackling labour shortages looks to be the key to mitigating inflationary pressure
Following the moves of ASB and ANZ to halt high LVR lending, Westpac now says it won't be offering pre-approvals for those with low deposits
29th Jun 22, 3:08pm
28
Following the moves of ASB and ANZ to halt high LVR lending, Westpac now says it won't be offering pre-approvals for those with low deposits
Banks' loan provisioning on the rise as the economic picture darkens, KPMG's latest quarterly Financial Institutions Performance Survey says
29th Jun 22, 10:45am
8
Banks' loan provisioning on the rise as the economic picture darkens, KPMG's latest quarterly Financial Institutions Performance Survey says
[updated]
Two of the country's largest banks have now closed their doors for the moment to low deposit mortgage customers
28th Jun 22, 1:13pm
45
Two of the country's largest banks have now closed their doors for the moment to low deposit mortgage customers
ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'
27th Jun 22, 2:34pm
61
ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'
[updated]
Home loan interest rates are ratched up by two more banks, although there are signs wholesale funding costs have stopped rising
27th Jun 22, 10:08am
18
Home loan interest rates are ratched up by two more banks, although there are signs wholesale funding costs have stopped rising
ASB uses the cover provided by ANZ to raise both its home loan and term deposit rates. All eyes are now on Kiwibank's upcoming rate adjustments - and on the turn in wholesale markets
23rd Jun 22, 10:38am
67
ASB uses the cover provided by ANZ to raise both its home loan and term deposit rates. All eyes are now on Kiwibank's upcoming rate adjustments - and on the turn in wholesale markets
Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record
23rd Jun 22, 9:01am
6
Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record
Following what's set to be a record milk price for the season just finished, ASB economists think the new season could see the price hit double figures for the first time
22nd Jun 22, 2:47pm
19
Following what's set to be a record milk price for the season just finished, ASB economists think the new season could see the price hit double figures for the first time
[updated]
The economy shrank in the three months to March, contrary to the expectations of the Reserve Bank, which had forecast 0.7% growth
16th Jun 22, 10:54am
203
The economy shrank in the three months to March, contrary to the expectations of the Reserve Bank, which had forecast 0.7% growth