A big Aussie-owned bank sneaks in a term deposit rate cut, setting some of its rate offers below its main rivals. We review what is behind the move and how bank margins are tracking More...
Both BNZ and Kiwibank change fixed mortgage rates for one and two years to open the bidding for the new week, hard on the heals of HSBC's market leading challenge More...
Former BNZ boss Andrew Thorburn is to leave as NAB CEO at the end of this month; Chairman Ken Henry will go after a permanent new CEO is found; moves come after fallout from Hayne Report; board member Phil Chronican will be acting CEO More...
NAB CEO and ex-BNZ CEO Andrew Thorburn cancels leave, says he will 'personally and visibly' lead response to stinging Royal Commission criticism More...
The KiwiSaver results are in for the December 2018 quarter and we review how high market volatility affected our retirement savings accounts, with a detailed look at Default funds More...
Another bank raises its key term deposit rates, even in the face of sharply falling wholesale swap rates. A finance company raised a key rate too More...
Against the backdrop of the RBNZ's review of bank capital requirements, Gareth Vaughan details the nitty-gritty of the RBNZ proposals & what they might mean for bank customers More...
Against the backdrop of the RBNZ's bank capital review, Gareth Vaughan details the advantageous position NZ's Aussie owned banks have over their rivals & how this may change More...
Against the backdrop of the RBNZ's review of bank capital requirements, Gareth Vaughan explains how bank capital rules were liberalised for NZ's big 4 banks in 2008 More...
BNZ now sees a strengthening NZD in 2019 as our terms of trade turn more positive and recent data suggests a recovery is underway. But a biting trade war could unstitch this view More...
Increased optimism of a China:US trade deal. More Fed speakers signal 'patience'. Greenback weakens as oil prices rise +4%. Bond traders see Fed on hold for an extended period More...
BNZ interest rate strategist Nick Smyth has a crunch of the detail of the RBNZ's new bank capital proposals; says bank funding costs will increase but the RBNZ may offset future increases in lending rates with delays to OCR rises, or even cuts More...
Gareth Vaughan details how the RBNZ's proposals for NZ banks to hold more capital are a victory for the smaller NZ owned banks over their much bigger Aussie owned rivals More...