sign up log in
Want to go ad-free? Find out how, here.

Banking

Gareth Vaughan looks at how and why a risk-off mindset is dominating at NZ's major banks
18th May 22, 1:52pm
1
Gareth Vaughan looks at how and why a risk-off mindset is dominating at NZ's major banks
BNZ's Stephen Toplis argues the labour market is causing RBNZ monetary policy more problems than the highest inflation in 30 years
18th May 22, 12:40pm
42
BNZ's Stephen Toplis argues the labour market is causing RBNZ monetary policy more problems than the highest inflation in 30 years
Possible ANZ NZ anti-money laundering breaches referred to the Reserve Bank’s enforcement team
11th May 22, 5:00pm
7
Possible ANZ NZ anti-money laundering breaches referred to the Reserve Bank’s enforcement team
Westpac NZ CEO Catherine McGrath says level of engagement and discussion with RBNZ now 'really good' after bank copped serves from the regulator last year
10th May 22, 9:48am
Westpac NZ CEO Catherine McGrath says level of engagement and discussion with RBNZ now 'really good' after bank copped serves from the regulator last year
ANZ NZ CEO says NZ's biggest bank to be ready for new RBNZ outsourcing requirements ahead of schedule, but would've liked to spend the money on customer services
9th May 22, 4:44pm
2
ANZ NZ CEO says NZ's biggest bank to be ready for new RBNZ outsourcing requirements ahead of schedule, but would've liked to spend the money on customer services
[updated]
Westpac NZ interim profit falls 5% with net interest margin down eight basis points
9th May 22, 9:58am
72
Westpac NZ interim profit falls 5% with net interest margin down eight basis points
CEO Dan Huggins says despite the weaker housing market, BNZ retains the appetite to grow lending; - responsibly
6th May 22, 10:35am
9
CEO Dan Huggins says despite the weaker housing market, BNZ retains the appetite to grow lending; - responsibly
Reserve Bank says house prices will become sustainable if the 10% price drop it's forecasting over the next two years occurs
5th May 22, 11:37am
170
Reserve Bank says house prices will become sustainable if the 10% price drop it's forecasting over the next two years occurs
As the ANZ Group eyes splitting its bank and non-bank businesses into two, CEO Shayne Elliott, citing the example of Macquarie, sees no limit to the potential size of the non-bank group
5th May 22, 10:55am
3
As the ANZ Group eyes splitting its bank and non-bank businesses into two, CEO Shayne Elliott, citing the example of Macquarie, sees no limit to the potential size of the non-bank group
[updated]
Half-year profit increases to $709 million for BNZ as income grows and expenses fall
5th May 22, 10:29am
2
Half-year profit increases to $709 million for BNZ as income grows and expenses fall
RBNZ expects always-on retail payments next year, to stress test banks on rising interest rates & climate change, will consult on cyber data collection
5th May 22, 9:50am
RBNZ expects always-on retail payments next year, to stress test banks on rising interest rates & climate change, will consult on cyber data collection
Live-streamed video from the May 2022 RBNZ Financial Stability Report press conference with Governor Adrian Orr
4th May 22, 10:50am
by admin
Live-streamed video from the May 2022 RBNZ Financial Stability Report press conference with Governor Adrian Orr
[updated]
Record half-year profit for ANZ NZ as it grows its share of the home loan market. Aussie parent eyes group restructure
4th May 22, 10:02am
43
Record half-year profit for ANZ NZ as it grows its share of the home loan market. Aussie parent eyes group restructure
Latest Reserve Bank Financial Stability Report says house prices have been declining since November but still remain above sustainable levels
4th May 22, 9:20am
166
Latest Reserve Bank Financial Stability Report says house prices have been declining since November but still remain above sustainable levels
Reserve Bank Deputy Governor confirms LVRs will remain in place if new restrictions are applied to mortgage lending; Says the RBNZ will start publishing macroprudential policy projections
28th Apr 22, 11:11am
by Jenée Tibshraeny
29
Reserve Bank Deputy Governor confirms LVRs will remain in place if new restrictions are applied to mortgage lending; Says the RBNZ will start publishing macroprudential policy projections
Submitters raise a series of questions and issues they wanted answered and resolved before the RBNZ rolls out a DTI tool
28th Apr 22, 10:04am
Submitters raise a series of questions and issues they wanted answered and resolved before the RBNZ rolls out a DTI tool
Overall consumer credit applications dived by almost a third with home loan applications down by -42% and unsecured credit applications down -32% in the March quarter
22nd Apr 22, 9:49am
by admin
18
Overall consumer credit applications dived by almost a third with home loan applications down by -42% and unsecured credit applications down -32% in the March quarter
Curtain falls on $300m government capital facility established for use in emergency by Kiwibank
14th Apr 22, 10:33am
Curtain falls on $300m government capital facility established for use in emergency by Kiwibank
Whilst loan volume growth will likely be lower, loans may prove stickier for banks as economic conditions toughen for borrowers, KPMG says
13th Apr 22, 9:30am
13
Whilst loan volume growth will likely be lower, loans may prove stickier for banks as economic conditions toughen for borrowers, KPMG says
Big Australasian banks' net interest margins set for a boost from Aussie cash rate increases, Citi says
12th Apr 22, 9:28am
Big Australasian banks' net interest margins set for a boost from Aussie cash rate increases, Citi says
MBIE highlights where it sees lenders' interpretation and implementation of credit contracts and consumer finance regulations as too onerous and restrictive
8th Apr 22, 9:38am
MBIE highlights where it sees lenders' interpretation and implementation of credit contracts and consumer finance regulations as too onerous and restrictive
Heartland Group Holdings expands management team as it grows in Australia
6th Apr 22, 1:04pm
3
Heartland Group Holdings expands management team as it grows in Australia
Complaints from bank customers drop in the final quarter of 2021 year-on-year despite CCCFA changes
1st Apr 22, 12:57pm
1
Complaints from bank customers drop in the final quarter of 2021 year-on-year despite CCCFA changes
Heartland Group Holdings expanding in Australia through up to A$154 million acquisition of livestock finance business StockCo Australia
1st Apr 22, 12:33pm
Heartland Group Holdings expanding in Australia through up to A$154 million acquisition of livestock finance business StockCo Australia
Rabobank keen to grow via new lending to farmers and businesses in NZ's food and agribusiness supply chain
30th Mar 22, 9:27am
1
Rabobank keen to grow via new lending to farmers and businesses in NZ's food and agribusiness supply chain