borrowers
Pricing of NZ mortgage interest rates 'difficult to reconcile' and offers 'unsustainable returns', says CEO of ASB's Aussie parent bank CBA
20th Aug 23, 6:00am
68
Pricing of NZ mortgage interest rates 'difficult to reconcile' and offers 'unsustainable returns', says CEO of ASB's Aussie parent bank CBA
ANZ Banking Group CEO Shayne Elliott says Australia's mortgage and deposit markets more competitive than NZ in rising interest rate environment
9th May 23, 5:57pm
2
ANZ Banking Group CEO Shayne Elliott says Australia's mortgage and deposit markets more competitive than NZ in rising interest rate environment
Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
8th Mar 23, 11:59am
45
Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
CEO Vittoria Shortt says ASB's assisting customers by 'passing on pricing movements faster and in greater quantum' on term deposits than loans
16th Feb 23, 12:04pm
9
CEO Vittoria Shortt says ASB's assisting customers by 'passing on pricing movements faster and in greater quantum' on term deposits than loans
Kiwibank Chief Economist Jarrod Kerr on why he expects the OCR to be hiked another 100 basis points by August, but why the RBNZ doesn't need to go as high as its 4% OCR forecast
29th May 22, 6:00am
140
Kiwibank Chief Economist Jarrod Kerr on why he expects the OCR to be hiked another 100 basis points by August, but why the RBNZ doesn't need to go as high as its 4% OCR forecast
ANZ loosens high LVR home lending criteria after November clamp-down, but borrowers need more uncommitted monthly income than before
21st Feb 22, 3:39pm
20
ANZ loosens high LVR home lending criteria after November clamp-down, but borrowers need more uncommitted monthly income than before
Economist Rodney Dickens sees sharply rising interest rates as vaccines allow a good recovery, but that will only accentuate problems arising from the massive rescue debt, likely triggering another more severe downturn
6th Feb 21, 2:12pm
47
Economist Rodney Dickens sees sharply rising interest rates as vaccines allow a good recovery, but that will only accentuate problems arising from the massive rescue debt, likely triggering another more severe downturn
Gareth Vaughan looks at the strenuous efforts authorities are making to keep the debt/credit taps on, concluding the banking industry 'normal' may not be the same the other side of COVID-19
25th Mar 20, 10:38am
119
Gareth Vaughan looks at the strenuous efforts authorities are making to keep the debt/credit taps on, concluding the banking industry 'normal' may not be the same the other side of COVID-19
ANZ economists now see no further cuts at all to the Official Cash Rate this year after only a matter of weeks ago forecasting three further cuts
21st Jan 20, 11:45am
23
ANZ economists now see no further cuts at all to the Official Cash Rate this year after only a matter of weeks ago forecasting three further cuts
Economist Rodney Dickens wonders if bank lending criteria are the reason the housing market remains sluggish despite interest rate cuts
18th Dec 19, 2:07pm
39
Economist Rodney Dickens wonders if bank lending criteria are the reason the housing market remains sluggish despite interest rate cuts
Federated Farmers is urging the banks to absorb as much as possible of the additional costs of the new bank capital requirements 'rather than dump it all on customers, and especially on under-pressure farmers'
5th Dec 19, 3:23pm
10
Federated Farmers is urging the banks to absorb as much as possible of the additional costs of the new bank capital requirements 'rather than dump it all on customers, and especially on under-pressure farmers'
ANZ economists now see OCR only going as low as 0.75% following a softening of the RBNZ proposals for bank capital, combined with a more positive domestic outlook and in particular upside to government infrastructure spending
5th Dec 19, 1:22pm
2
ANZ economists now see OCR only going as low as 0.75% following a softening of the RBNZ proposals for bank capital, combined with a more positive domestic outlook and in particular upside to government infrastructure spending
Final decisions in RBNZ capital review still require $20b increase for banks but composition of capital is softened and banks get 7 years instead of 5 to adapt
5th Dec 19, 12:00pm
34
Final decisions in RBNZ capital review still require $20b increase for banks but composition of capital is softened and banks get 7 years instead of 5 to adapt
The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals
24th Oct 19, 4:33pm
6
The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals
A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too
21st Oct 19, 5:02am
19
A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too
The last of the major banks trims its key mortgage rates, falling into line with the levels triggered by ANZ earlier in the week. With low rates very tightly bunched, no bank can afford to be out of line
18th Oct 19, 9:42am
24
The last of the major banks trims its key mortgage rates, falling into line with the levels triggered by ANZ earlier in the week. With low rates very tightly bunched, no bank can afford to be out of line
BNZ cuts both mortgage rates and term deposit rates, lowering rates across a wider range of terms and leaving a few majors with rate levels higher than their main rivals
17th Oct 19, 9:02am
4
BNZ cuts both mortgage rates and term deposit rates, lowering rates across a wider range of terms and leaving a few majors with rate levels higher than their main rivals
Westpac follows ANZ lower with reduced carded offers for the two key fixed home loan rates
15th Oct 19, 4:26pm
4
Westpac follows ANZ lower with reduced carded offers for the two key fixed home loan rates
Mortgage rate cuts from ANZ NZ for six month, one year and two year terms
Rodney Dickens identifies the structural shift the RBNZ made during the GFC that means the effective OCR is much higher than the actual OCR, explaining why our retail interest rates are at current levels
11th Oct 19, 10:02am
12
Rodney Dickens identifies the structural shift the RBNZ made during the GFC that means the effective OCR is much higher than the actual OCR, explaining why our retail interest rates are at current levels
Competitors and regulators weigh in on Harmoney founder Neil Roberts' view that there's no viable peer-to-peer lending model in New Zealand under existing laws
27th Sep 19, 5:00am
2
Competitors and regulators weigh in on Harmoney founder Neil Roberts' view that there's no viable peer-to-peer lending model in New Zealand under existing laws
After reviewing all banks' interest rate changes since the RBNZ's surprise 50 basis points OCR cut, we calculate how much has benefited borrowers, and how much has been retained for savers
18th Aug 19, 6:16am
35
After reviewing all banks' interest rate changes since the RBNZ's surprise 50 basis points OCR cut, we calculate how much has benefited borrowers, and how much has been retained for savers
A less redacted version of ANZ NZ's submission on the RBNZ's proposals to increase bank capital requirements, released to interest.co.nz, includes a surprising admission from the country's biggest bank
13th Aug 19, 11:16am
11
A less redacted version of ANZ NZ's submission on the RBNZ's proposals to increase bank capital requirements, released to interest.co.nz, includes a surprising admission from the country's biggest bank
David Chaston looks at the impact of the rate cuts announced by banks so far, and what will be required to pass through all of the RBNZ OCR cut. He sees returns to savers in the crosshairs of bank interest rate strategies
8th Aug 19, 10:52am
75
David Chaston looks at the impact of the rate cuts announced by banks so far, and what will be required to pass through all of the RBNZ OCR cut. He sees returns to savers in the crosshairs of bank interest rate strategies
A closer look at the 'regret analysis' and view that low interest rates are the new norm that underpinned the Reserve Bank's decision to cut the OCR to 1%
8th Aug 19, 5:00am
41
A closer look at the 'regret analysis' and view that low interest rates are the new norm that underpinned the Reserve Bank's decision to cut the OCR to 1%