Banking
Helen Lu says AI can reduce service costs and increase demand for financial services
15th May 23, 9:22am
Helen Lu says AI can reduce service costs and increase demand for financial services
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
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ANZ Banking Group CEO Shayne Elliott says Australia's mortgage and deposit markets more competitive than NZ in rising interest rate environment
Commerce Minister Duncan Webb says bank profits are top of mind when considering the next market study, but no decision has been made yet
9th May 23, 5:52pm
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Commerce Minister Duncan Webb says bank profits are top of mind when considering the next market study, but no decision has been made yet
Westpac NZ CEO Catherine McGrath tells home buyers who bought for the long-term at house price peaks to hang in there
9th May 23, 11:16am
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Westpac NZ CEO Catherine McGrath tells home buyers who bought for the long-term at house price peaks to hang in there
Reserve Bank moves to bolster its understanding of cyber resilience in the financial sector
8th May 23, 3:55pm
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Reserve Bank moves to bolster its understanding of cyber resilience in the financial sector
ANZ NZ boss runs through a range of options for struggling home loan borrowers before the 'last resort' of a mortgagee sale
8th May 23, 1:49pm
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ANZ NZ boss runs through a range of options for struggling home loan borrowers before the 'last resort' of a mortgagee sale
[updated]
Half-year profit drops for Westpac NZ as bank warns of worsening economic outlook
8th May 23, 10:15am
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Half-year profit drops for Westpac NZ as bank warns of worsening economic outlook
[updated]
ANZ NZ's half-year profit falls despite strong rise in income, led by net interest income, and lower expenses
5th May 23, 10:05am
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ANZ NZ's half-year profit falls despite strong rise in income, led by net interest income, and lower expenses
BNZ CEO Dan Huggins says vast majority of customers coping with higher mortgage rates so far, Commerce Commission market study not necessary
5th May 23, 9:16am
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BNZ CEO Dan Huggins says vast majority of customers coping with higher mortgage rates so far, Commerce Commission market study not necessary
[updated]
BNZ half-year profit tops $800 million as net interest margin jumps, with CEO saying bank well placed to support customers finding things tough
4th May 23, 10:18am
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BNZ half-year profit tops $800 million as net interest margin jumps, with CEO saying bank well placed to support customers finding things tough
Live-streamed video from the May 2023 RBNZ Financial Stability Report press conference with Governor Adrian Orr
3rd May 23, 12:50pm
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Live-streamed video from the May 2023 RBNZ Financial Stability Report press conference with Governor Adrian Orr
Reserve Bank says the high level of NZ bank profitability means they're well positioned to support customers in tougher times
3rd May 23, 11:06am
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Reserve Bank says the high level of NZ bank profitability means they're well positioned to support customers in tougher times
Recent banking crises are rooted in a system that rewards excessive risk-taking – as First Republic’s failure shows
3rd May 23, 9:15am
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Recent banking crises are rooted in a system that rewards excessive risk-taking – as First Republic’s failure shows
FMA's Clare Bolingford says regulator has heard some banks may have reintroduced sales targets, wants confirmation they haven't
2nd May 23, 11:34am
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FMA's Clare Bolingford says regulator has heard some banks may have reintroduced sales targets, wants confirmation they haven't
The RBNZ's Ashley Farquharson details interest rate risk management in the NZ banking system in light of the collapse of Silicon Valley Bank in the US
1st May 23, 10:48am
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The RBNZ's Ashley Farquharson details interest rate risk management in the NZ banking system in light of the collapse of Silicon Valley Bank in the US
Slow progress continues on government's plans for a Business Growth Fund partnership with banks to invest in SMEs
24th Apr 23, 9:33am
Slow progress continues on government's plans for a Business Growth Fund partnership with banks to invest in SMEs
Reserve Bank deputy governor Christian Hawkesby says financial inclusion will be considered when overseeing incoming deposit takers legislation
21st Apr 23, 2:53pm
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Reserve Bank deputy governor Christian Hawkesby says financial inclusion will be considered when overseeing incoming deposit takers legislation
Reserve Bank of Australia revolution: How Jim Chalmers will recraft the RBA for the 21st century
20th Apr 23, 2:33pm
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Reserve Bank of Australia revolution: How Jim Chalmers will recraft the RBA for the 21st century
KPMG suggests ongoing record bank profits could be a thing of the past, at least for now
20th Apr 23, 8:42am
KPMG suggests ongoing record bank profits could be a thing of the past, at least for now
Co-operative Bank, TSB top, Westpac bottom in Consumer NZ satisfaction survey
Cutting off the insolvent: NZ banks close accounts for bankrupts
Financial Stability Board sets out a game plan to tackle the increasing frequency and sophistication of cyber-attacks
14th Apr 23, 8:17am
Financial Stability Board sets out a game plan to tackle the increasing frequency and sophistication of cyber-attacks
The Government's had another go at fixing problematic credit rules it first implemented nearly 18 months ago, but the bankers are still not thrilled
12th Apr 23, 1:57pm
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The Government's had another go at fixing problematic credit rules it first implemented nearly 18 months ago, but the bankers are still not thrilled
Retail card spending rose 0.7% in March despite tightening Reserve Bank monetary policy
12th Apr 23, 12:49pm
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Retail card spending rose 0.7% in March despite tightening Reserve Bank monetary policy
How far interest rates will fall when inflation abates will depend on the persistence of public debt, on how climate policies are financed and on the extent of deglobalisation, the IMF says
11th Apr 23, 11:20am
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How far interest rates will fall when inflation abates will depend on the persistence of public debt, on how climate policies are financed and on the extent of deglobalisation, the IMF says
