Westpac
Economists are cheered by signs the Reserve Bank's monetary tightening is getting traction but caution that inflationary pressures are still strong
3rd Oct 23, 2:01pm
59
Economists are cheered by signs the Reserve Bank's monetary tightening is getting traction but caution that inflationary pressures are still strong
The cutting edge behavioural analytics NZ banks could use to shut down scammers, and which big bank has signed up
2nd Oct 23, 2:04pm
2
The cutting edge behavioural analytics NZ banks could use to shut down scammers, and which big bank has signed up
Commerce Commission receives 120 complaints about payment surcharges
28th Sep 23, 11:42am
Commerce Commission receives 120 complaints about payment surcharges
KPMG's latest quarterly look at banks' financials highlights that only 'slight' increases have been seen in net interest income, with much of the increased bank profitability coming from greater gains on trading and hedging products
27th Sep 23, 9:51am
1
KPMG's latest quarterly look at banks' financials highlights that only 'slight' increases have been seen in net interest income, with much of the increased bank profitability coming from greater gains on trading and hedging products
The Westpac McDermott Miller Employment Confidence Index has turned negative for the first time in two-and-a-half years
27th Sep 23, 9:09am
26
The Westpac McDermott Miller Employment Confidence Index has turned negative for the first time in two-and-a-half years
[updated]
There are more home loan rate rises but they are not market leading - those are yet to come. Still, the sting to household budgets will be spreading around the country, and the downstream impacts won't be light
25th Sep 23, 10:29am
139
There are more home loan rate rises but they are not market leading - those are yet to come. Still, the sting to household budgets will be spreading around the country, and the downstream impacts won't be light
NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it
22nd Sep 23, 10:59am
2
NZ banks are lagging on real-time payments and fraud protections. The Commerce Commission says it could force them to get on with it
Westpac economists caution that while the latest positive global dairy auction results are welcome, prices are still down by about a quarter over the past year
20th Sep 23, 12:57pm
4
Westpac economists caution that while the latest positive global dairy auction results are welcome, prices are still down by about a quarter over the past year
[updated]
Show me the (scammed) money: Banking Ombudsman says complaints from scammed New Zealanders show they lost on average $57,000
19th Sep 23, 2:08pm
9
Show me the (scammed) money: Banking Ombudsman says complaints from scammed New Zealanders show they lost on average $57,000
[updated]
'Just goes to show how behind we are': NZ banks to bring in name and account number checking, remove links from texts and work together to freeze mule accounts to combat rampant scams
15th Sep 23, 10:37am
23
'Just goes to show how behind we are': NZ banks to bring in name and account number checking, remove links from texts and work together to freeze mule accounts to combat rampant scams
Latest REINZ housing market data suggest 'momentum is building and that is likely to continue throughout the spring', economists say
14th Sep 23, 11:58am
77
Latest REINZ housing market data suggest 'momentum is building and that is likely to continue throughout the spring', economists say
[updated]
The national median house price dropped slightly last month, but sales lifted, days to sell decreased, and both Auckland and Wellington saw month-on-month rises in median prices; ANZ economists say market has 'convincingly turned a corner'
13th Sep 23, 9:00am
135
The national median house price dropped slightly last month, but sales lifted, days to sell decreased, and both Auckland and Wellington saw month-on-month rises in median prices; ANZ economists say market has 'convincingly turned a corner'
Hush money? NZ banks offer financial settlements to scammed customers if they agree not to talk about it
12th Sep 23, 12:00pm
12
Hush money? NZ banks offer financial settlements to scammed customers if they agree not to talk about it
[updated]
Stats NZ figures show that total card spending rose by 0.9% in August, reversing a drop of the same magnitude in July. However, spending on consumable and durable goods was down
12th Sep 23, 11:20am
4
Stats NZ figures show that total card spending rose by 0.9% in August, reversing a drop of the same magnitude in July. However, spending on consumable and durable goods was down
Reserve Bank bolsters currency intervention war chest as Robertson lines up capital boost and fresh indemnity for the central bank
9th Sep 23, 9:11am
28
Reserve Bank bolsters currency intervention war chest as Robertson lines up capital boost and fresh indemnity for the central bank
ASB raises carded fixed home loan rates, now the only bank with a 2-year rate over 7%. This comes as the bank raises term deposit rates for savers
4th Sep 23, 10:20am
27
ASB raises carded fixed home loan rates, now the only bank with a 2-year rate over 7%. This comes as the bank raises term deposit rates for savers
Credit rating agency S&P says Commerce Commission competition probe won't materially affect the major banks' market positions or profitability
31st Aug 23, 1:45pm
1
Credit rating agency S&P says Commerce Commission competition probe won't materially affect the major banks' market positions or profitability
Significant June quarter increase in non-performing housing loan volumes for ANZ NZ and ASB
29th Aug 23, 9:14am
Significant June quarter increase in non-performing housing loan volumes for ANZ NZ and ASB
Westpac joins ASB and ANZ with higher fixed home loan rates. It also raises term deposit rates. With the majors mostly falling into line with the ASB-led hiking, all eyes will now turn to BNZ and Kiwibank
24th Aug 23, 5:13pm
51
Westpac joins ASB and ANZ with higher fixed home loan rates. It also raises term deposit rates. With the majors mostly falling into line with the ASB-led hiking, all eyes will now turn to BNZ and Kiwibank
[updated]
Stats NZ figures show that retail sales volumes have fallen for a third quarter in a row, with figures only propped up somewhat by a surge in motor vehicle sales to beat changes to the Clean Car Discount Scheme
23rd Aug 23, 11:28am
60
Stats NZ figures show that retail sales volumes have fallen for a third quarter in a row, with figures only propped up somewhat by a surge in motor vehicle sales to beat changes to the Clean Car Discount Scheme
We have to make it harder for scammers, but the battle against fraudsters won't be won with one change: Janine Starks
23rd Aug 23, 11:10am
5
We have to make it harder for scammers, but the battle against fraudsters won't be won with one change: Janine Starks
ASB opened the door, and the first to walk through it is ANZ with an even steeper set of fixed home loan rate increases
22nd Aug 23, 7:04pm
70
ASB opened the door, and the first to walk through it is ANZ with an even steeper set of fixed home loan rate increases
Westpac economists say the milk price in the current season might be the lowest for eight years after adjustment for inflation
22nd Aug 23, 2:47pm
6
Westpac economists say the milk price in the current season might be the lowest for eight years after adjustment for inflation
Westpac New Zealand's non-performing loans rise in the June quarter
The Government may pick up an extra $14.6 billion of debt over the next four years as the economic slowdown hits tax revenue
21st Aug 23, 2:48pm
20
The Government may pick up an extra $14.6 billion of debt over the next four years as the economic slowdown hits tax revenue