ASB

The Co-operative Bank tops bank customer satisfaction survey, with Consumer NZ highlighting low bank switching rates

The Co-operative Bank tops bank customer satisfaction survey, with Consumer NZ highlighting low bank switching rates

ICBC cuts both its 6 month and 1 year fixed home loan rates, setting them well below everyone else in a way that is sure to grab attention and add a competitive bite to the mortgage market

ICBC cuts both its 6 month and 1 year fixed home loan rates, setting them well below everyone else in a way that is sure to grab attention and add a competitive bite to the mortgage market

Labour's Arena Williams says the Government is siding with big banks by choosing to deny people who may be owed money the potential success of their claim in court

Labour's Arena Williams says the Government is siding with big banks by choosing to deny people who may be owed money the potential success of their claim in court

API fees are a tariff on open banking competition, Prosaic's Nick Houldsworth says

API fees are a tariff on open banking competition, Prosaic's Nick Houldsworth says

Unemployment remained the same and wage pressures were muted in the March quarter

Unemployment remained the same and wage pressures were muted in the March quarter

New mortgage rate cuts from Kiwibank show the most likely market reductions in May may come in the longer fixed terms

New mortgage rate cuts from Kiwibank show the most likely market reductions in May may come in the longer fixed terms

Labour market figures to be released in the coming week are likely to show a continuation of the recent rise in unemployment. David Hargreaves has a look at what we might expect

Labour market figures to be released in the coming week are likely to show a continuation of the recent rise in unemployment. David Hargreaves has a look at what we might expect

Monthly filled jobs data has so far not shown any declines this year, which indicates the unemployment level may have peaked or be close to it

Monthly filled jobs data has so far not shown any declines this year, which indicates the unemployment level may have peaked or be close to it

As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment

As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment

Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term

Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term

ANZ pushes down term deposit rates, seemingly confident rivals will follow even though the gap with those rivals is unusually wide. Kiwibank follows with comprehensive cuts. Low loan demand bolsters their shift

ANZ pushes down term deposit rates, seemingly confident rivals will follow even though the gap with those rivals is unusually wide. Kiwibank follows with comprehensive cuts. Low loan demand bolsters their shift

New round of retail interest rate cuts starts, and it is savers who will be paying for the reductions in home loan rates. All the influences on wholesale rates are negative

New round of retail interest rate cuts starts, and it is savers who will be paying for the reductions in home loan rates. All the influences on wholesale rates are negative

Homebuyers' borrowing power boosted as ASB and Westpac follow ANZ in lowering mortgage test rates

Homebuyers' borrowing power boosted as ASB and Westpac follow ANZ in lowering mortgage test rates

Although most rate changes focused on home loan floating and savings account rates, there was a first trimming of term deposit rates by SBS Bank. They won't be the last

Although most rate changes focused on home loan floating and savings account rates, there was a first trimming of term deposit rates by SBS Bank. They won't be the last

Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates

Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates