Banking
Reduced capital requirements for SME lending, Australasian banks lead way in housing exposure, Aussie bank shareholders can breathe easy, and as safe as houses?
2nd Dec 21, 10:42am
Reduced capital requirements for SME lending, Australasian banks lead way in housing exposure, Aussie bank shareholders can breathe easy, and as safe as houses?
More information will need to be gathered from borrowers by lenders about the reasons why they need the loan, their income, and expenses. Lenders need to assess that the borrower can afford the repayments without getting into financial difficulty
1st Dec 21, 9:47am
13
More information will need to be gathered from borrowers by lenders about the reasons why they need the loan, their income, and expenses. Lenders need to assess that the borrower can afford the repayments without getting into financial difficulty
The RBNZ names John McDermott to a new role as Assistant Governor/General Manager for Digital Solutions and Security
30th Nov 21, 4:01pm
1
The RBNZ names John McDermott to a new role as Assistant Governor/General Manager for Digital Solutions and Security
In what it describes as an unprecedented move, the Australian Securities & Investments Commission is launching 6 court cases against Westpac simultaneously
30th Nov 21, 10:29am
9
In what it describes as an unprecedented move, the Australian Securities & Investments Commission is launching 6 court cases against Westpac simultaneously
BNZ and Kiwibank make market share gains in home loans in the third quarter, but it is BNZ that has built momentum over the past year
29th Nov 21, 2:05pm
6
BNZ and Kiwibank make market share gains in home loans in the third quarter, but it is BNZ that has built momentum over the past year
September quarter combined financial performance from the big 5 NZ banks comfortably outstrips September 2020 quarter on a range of measures
29th Nov 21, 12:06pm
September quarter combined financial performance from the big 5 NZ banks comfortably outstrips September 2020 quarter on a range of measures
Gareth Vaughan on champagne time in container shipping, how a banking crisis helped the Nazis, Ireland's tax haven, cryptocurrency and puppies, plus the paradox of our own ignorance
28th Nov 21, 6:00am
37
Gareth Vaughan on champagne time in container shipping, how a banking crisis helped the Nazis, Ireland's tax haven, cryptocurrency and puppies, plus the paradox of our own ignorance
Westpac NZ's independent non-executive directors 'were not able to engage with and provide robust challenges to the executive on risk topics'
26th Nov 21, 9:47am
3
Westpac NZ's independent non-executive directors 'were not able to engage with and provide robust challenges to the executive on risk topics'
RBNZ says Westpac NZ has made progress 'but there is a lot more to do'
Live-streamed video from the November 2021 RBNZ Monetary Policy Review press conference with Governor Adrian Orr
24th Nov 21, 2:55pm
4
Live-streamed video from the November 2021 RBNZ Monetary Policy Review press conference with Governor Adrian Orr
Anecdote emerges of vaccine-hesitant person denied a mortgage after being stood down from their job; Banks say they're interested in borrowers' incomes not vaccination status
24th Nov 21, 8:05am
85
Anecdote emerges of vaccine-hesitant person denied a mortgage after being stood down from their job; Banks say they're interested in borrowers' incomes not vaccination status
Reserve Bank plays down the likely impact of restricting house buyers' borrowing capacity on first home buyers
23rd Nov 21, 3:34pm
24
Reserve Bank plays down the likely impact of restricting house buyers' borrowing capacity on first home buyers
Stephen Roach urges the governors of the US Fed to acknowledge - and soon - that the 'transitory inflation' debate is over in the US
23rd Nov 21, 12:06pm
8
Stephen Roach urges the governors of the US Fed to acknowledge - and soon - that the 'transitory inflation' debate is over in the US
Country's largest bank joins growing number of banks declining mortgage applications for loans with less than a 20% deposit
23rd Nov 21, 9:41am
27
Country's largest bank joins growing number of banks declining mortgage applications for loans with less than a 20% deposit
Macquarie suggests NAB and ANZ have better prospects at the moment than 'retail overweight' major bank peers, CBA and Westpac
23rd Nov 21, 7:53am
1
Macquarie suggests NAB and ANZ have better prospects at the moment than 'retail overweight' major bank peers, CBA and Westpac
BNZ clamps down on low equity home lending to meet new RBNZ speed limit
Cost for the financial sector of companies delaying climate action tallied, NAB's potential mortgage discounts for borrowers reducing their reliance on fossil fuels & guidance on managing climate-related financial risks
19th Nov 21, 9:47am
7
Cost for the financial sector of companies delaying climate action tallied, NAB's potential mortgage discounts for borrowers reducing their reliance on fossil fuels & guidance on managing climate-related financial risks
Westpac's head of NZ strategy Imre Speizer says the current rush to fix mortgages is likely to continue into next year, which will keep pressure on swap rates
17th Nov 21, 12:35pm
8
Westpac's head of NZ strategy Imre Speizer says the current rush to fix mortgages is likely to continue into next year, which will keep pressure on swap rates
Kiwibank economists, who have this year been highlighting upside risks to interest rates now say some wholesale rates have gone too far and will be 'pulled down'
15th Nov 21, 1:40pm
6
Kiwibank economists, who have this year been highlighting upside risks to interest rates now say some wholesale rates have gone too far and will be 'pulled down'
Reserve Bank Chief Economist Yuong Ha to follow deputy governor Geoff Bascand out the door in early 2022
15th Nov 21, 1:24pm
30
Reserve Bank Chief Economist Yuong Ha to follow deputy governor Geoff Bascand out the door in early 2022
Westpac NZ CFO Ian Hankins shifts to role as General Manager of Consumer Banking and Wealth as Catherine McGrath takes over as CEO
15th Nov 21, 11:27am
Westpac NZ CFO Ian Hankins shifts to role as General Manager of Consumer Banking and Wealth as Catherine McGrath takes over as CEO
Credit rating agency Moody's advocates for standardised cybersecurity reporting across jurisdictions & more consistent definitions of what is a cybersecurity incident
15th Nov 21, 8:45am
Credit rating agency Moody's advocates for standardised cybersecurity reporting across jurisdictions & more consistent definitions of what is a cybersecurity incident
Gareth Vaughan mulls whether our banks' strong profits in a time of Covid-19 induced upheaval warrant a one-off Covid tax
14th Nov 21, 6:00am
78
Gareth Vaughan mulls whether our banks' strong profits in a time of Covid-19 induced upheaval warrant a one-off Covid tax
Juniper Research details open banking use cases and challenges, sees turbo charged growth of payment transactions facilitated by open banking
12th Nov 21, 1:25pm
Juniper Research details open banking use cases and challenges, sees turbo charged growth of payment transactions facilitated by open banking
Big bank annual financial results confirm BNZ as NZ's biggest business lender, albeit CEO Dan Huggins says he's 'not too caught up on the size of the book'
11th Nov 21, 6:56pm
Big bank annual financial results confirm BNZ as NZ's biggest business lender, albeit CEO Dan Huggins says he's 'not too caught up on the size of the book'