15th Oct 19, 2:44pm
APRA consults on proposal that would increase the amount of equity Aussie banks require to support investments in large subsidiaries saying it will maintain an open dialogue with the RBNZ
APRA consults on proposal that would increase the amount of equity Aussie banks require to support investments in large subsidiaries saying it will maintain an open dialogue with the RBNZ
7th Oct 19, 3:00pm
Finance Minister Grant Robertson's presided over another strong financial year for the Crown - but he's still not expected as yet to provide the fiscal kick many are seeking for the economy
Finance Minister Grant Robertson's presided over another strong financial year for the Crown - but he's still not expected as yet to provide the fiscal kick many are seeking for the economy
7th Oct 19, 8:05am
US unemployment rate falls to 50-year low. Supports risk assets, although modest reaction for US rates, currencies. NZ rates fall to fresh record lows
US unemployment rate falls to 50-year low. Supports risk assets, although modest reaction for US rates, currencies. NZ rates fall to fresh record lows
[Updated]
2nd Oct 19, 3:18pm
BNZ and parent National Australia Bank say review of software capitalisation policies will result in reduction to annual net profit after tax
[Updated]
BNZ and parent National Australia Bank say review of software capitalisation policies will result in reduction to annual net profit after tax
30th Sep 19, 3:00pm
Government says the big banks have promised not to close any regional branches while a four-location trial of banking hubs is under way from early next year
Government says the big banks have promised not to close any regional branches while a four-location trial of banking hubs is under way from early next year
[Updated]
27th Sep 19, 12:30pm
While most of the main banks have settled on 3.49% as their new two year fixed mortgage rate, the question is, will they jump lower again?
[Updated]
While most of the main banks have settled on 3.49% as their new two year fixed mortgage rate, the question is, will they jump lower again?
27th Sep 19, 10:30am
Tony Alexander has resigned from the BNZ after 25 years as one of the country's best-known and most colourful bank economists
Tony Alexander has resigned from the BNZ after 25 years as one of the country's best-known and most colourful bank economists
23rd Sep 19, 11:30am
The Official Cash Rate will most probably be kept at 1% this week after last month's shock double cut - but under the current RBNZ regime, nothing should be ruled out
The Official Cash Rate will most probably be kept at 1% this week after last month's shock double cut - but under the current RBNZ regime, nothing should be ruled out
20th Sep 19, 5:09pm
After being matched by some of their main rivals after their earlier cut, BNZ makes a second cut to its benchmark two year home loan rate, taking it down to 3.49%
After being matched by some of their main rivals after their earlier cut, BNZ makes a second cut to its benchmark two year home loan rate, taking it down to 3.49%
20th Sep 19, 10:09am
ANZ NZ says it was cold called by more than 10 overseas hedge funds about its rural loan portfolio within 6 months, 3 of 4 other major rural lenders say they haven't been approached
ANZ NZ says it was cold called by more than 10 overseas hedge funds about its rural loan portfolio within 6 months, 3 of 4 other major rural lenders say they haven't been approached
[Updated]
18th Sep 19, 5:33pm
New Zealand's largest home loan lender cuts its two year rate to the same level BNZ adopted a few days ago. So does Westpac. But they remain much higher than the recent market leaders
[Updated]
New Zealand's largest home loan lender cuts its two year rate to the same level BNZ adopted a few days ago. So does Westpac. But they remain much higher than the recent market leaders
18th Sep 19, 12:54pm
Gareth Vaughan highlights the limited comments on banking in a report on growing NZ's capital markets, and probes how much healthier the equity market would look if the big 4 banks were listed
Gareth Vaughan highlights the limited comments on banking in a report on growing NZ's capital markets, and probes how much healthier the equity market would look if the big 4 banks were listed
16th Sep 19, 10:06am
Another mortgage major trims a key mortgage rate. Even if it is not a huge cut, it does drop them to the lowest level among their main rivals
Another mortgage major trims a key mortgage rate. Even if it is not a huge cut, it does drop them to the lowest level among their main rivals
4th Sep 19, 10:17am
ANZ follows rivals with reductions to some credit card purchase interest rates, however most banks still have cash advance rates above 20%
ANZ follows rivals with reductions to some credit card purchase interest rates, however most banks still have cash advance rates above 20%
2nd Sep 19, 9:03am
BNZ matches its main rivals with some key home loan rate cuts for its 'special' offers, but goes with steeper reductions for term deposits, dropping below almost all its rivals
BNZ matches its main rivals with some key home loan rate cuts for its 'special' offers, but goes with steeper reductions for term deposits, dropping below almost all its rivals
27th Aug 19, 9:30am
Combined June quarter profit up 13% for ANZ, ASB, BNZ & Westpac as average RoE rises, cost-to-income ratio drops and net interest margin holds steady
Combined June quarter profit up 13% for ANZ, ASB, BNZ & Westpac as average RoE rises, cost-to-income ratio drops and net interest margin holds steady
[Updated]
21st Aug 19, 7:57am
Tougher APRA 'contagion risk' rules may reduce flow of bank dividends from Kiwi subsidiaries to Aussie parent banks with ANZ seeing 'limited capacity to inject capital into ANZ NZ'
[Updated]
Tougher APRA 'contagion risk' rules may reduce flow of bank dividends from Kiwi subsidiaries to Aussie parent banks with ANZ seeing 'limited capacity to inject capital into ANZ NZ'
15th Aug 19, 10:59am
Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions
Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions
13th Aug 19, 11:16am
A less redacted version of ANZ NZ's submission on the RBNZ's proposals to increase bank capital requirements, released to interest.co.nz, includes a surprising admission from the country's biggest bank
A less redacted version of ANZ NZ's submission on the RBNZ's proposals to increase bank capital requirements, released to interest.co.nz, includes a surprising admission from the country's biggest bank
[Updated]
13th Aug 19, 10:42am
Another major home loan bank joins ANZ at a market-leading level for a key mortgage rate, dropping it by 16 bps. It also cut some key term deposit rates by 20 bps
[Updated]
Another major home loan bank joins ANZ at a market-leading level for a key mortgage rate, dropping it by 16 bps. It also cut some key term deposit rates by 20 bps
