[Updated]
27th Apr 21, 1:56pm
Some banks are improving their term deposit rate offers slightly, but savers are yet to be impressed enough to hold more of their growing cash funds with term commitments; BNZ now joins the up trend
[Updated]
Some banks are improving their term deposit rate offers slightly, but savers are yet to be impressed enough to hold more of their growing cash funds with term commitments; BNZ now joins the up trend
21st Apr 21, 11:13am
Statistics New Zealand says the Consumers Price Index rose 0.8% in the March quarter, giving annual inflation of 1.5%; result in line with market forecasts, though lower than the Reserve Bank expected
Statistics New Zealand says the Consumers Price Index rose 0.8% in the March quarter, giving annual inflation of 1.5%; result in line with market forecasts, though lower than the Reserve Bank expected
19th Apr 21, 5:26pm
Big four banks deliver strong financial performance in December quarter as housing market goes ballistic
Big four banks deliver strong financial performance in December quarter as housing market goes ballistic
19th Apr 21, 3:33pm
Kiwibank economists say housing supply should be able to meet demand by 2024 and we could even see an over-supply, leading to improved affordability; house price growth to fall to 1% by end of 2022
Kiwibank economists say housing supply should be able to meet demand by 2024 and we could even see an over-supply, leading to improved affordability; house price growth to fall to 1% by end of 2022
8th Apr 21, 11:46am
Kiwibank economists say according to the bank's own transaction data, spending slumped 9% in the March quarter
Kiwibank economists say according to the bank's own transaction data, spending slumped 9% in the March quarter
8th Apr 21, 10:14am
The country's key home lenders detail where they're at with COVID-19 related mortgage deferrals as the year long scheme comes to an end
The country's key home lenders detail where they're at with COVID-19 related mortgage deferrals as the year long scheme comes to an end
31st Mar 21, 4:00pm
Kiwibank becomes the first bank to access the Reserve Bank's Funding for Lending Programme for a second time
Kiwibank becomes the first bank to access the Reserve Bank's Funding for Lending Programme for a second time
23rd Mar 21, 2:57pm
Economists see the housing changes announced by the Government as having a chilling effect on investor demand and acting as a significant drag on house price growth
Economists see the housing changes announced by the Government as having a chilling effect on investor demand and acting as a significant drag on house price growth
22nd Mar 21, 12:02pm
Kiwibank economists say housing changes to be announced this week 'do have the scope' to cool the housing market but won't address the clear lack of affordable homes
Kiwibank economists say housing changes to be announced this week 'do have the scope' to cool the housing market but won't address the clear lack of affordable homes
18th Mar 21, 11:03am
The economy went into reverse again in the last quarter of 2020 with a fall that was bigger than expected by the Reserve Bank and by bank economists; second recession looms
The economy went into reverse again in the last quarter of 2020 with a fall that was bigger than expected by the Reserve Bank and by bank economists; second recession looms
16th Mar 21, 10:39am
Kiwibank economists say they have 'drastically revised up' their projected near-term house price peak before a cooling of prices later in the year; don't see LVRs as having as much impact on investor activity as previously thought
Kiwibank economists say they have 'drastically revised up' their projected near-term house price peak before a cooling of prices later in the year; don't see LVRs as having as much impact on investor activity as previously thought
[Updated]
15th Mar 21, 4:21pm
Fourth drawdown made from RBNZ's Funding for Lending Programme; RBNZ plans to buy larger volume of bonds via its LSAP again this week as markets continue betting on rising inflation
[Updated]
Fourth drawdown made from RBNZ's Funding for Lending Programme; RBNZ plans to buy larger volume of bonds via its LSAP again this week as markets continue betting on rising inflation
15th Mar 21, 12:14pm
It's a toss of a coin as to whether the New Zealand economy grew or contracted in the December quarter - but either way our recovery from lockdown has been impressive
It's a toss of a coin as to whether the New Zealand economy grew or contracted in the December quarter - but either way our recovery from lockdown has been impressive
1st Mar 21, 2:08pm
Westpac economists believe the latest inflation spike will prove temporary and won't require interest rate hikes, while they say the markets also over reacted to RBNZ remit changes from Grant Robertson
Westpac economists believe the latest inflation spike will prove temporary and won't require interest rate hikes, while they say the markets also over reacted to RBNZ remit changes from Grant Robertson
26th Feb 21, 7:49am
Kiwibank CEO Steve Jurkovich says banks could use cheap RBNZ Funding for Lending Programme money to lower floating mortgage rates
Kiwibank CEO Steve Jurkovich says banks could use cheap RBNZ Funding for Lending Programme money to lower floating mortgage rates
25th Feb 21, 8:54am
Kiwibank says operating income rose $10 mln to $287 mln, while customer lending growth was $1.6 bln and customer deposit growth was $1.3 bln; seven branches to be closed
Kiwibank says operating income rose $10 mln to $287 mln, while customer lending growth was $1.6 bln and customer deposit growth was $1.3 bln; seven branches to be closed
24th Feb 21, 10:07am
New Zealand banks' personnel expenses rose 9% last year to more than $3.2 billion as they added more than 600 staff
New Zealand banks' personnel expenses rose 9% last year to more than $3.2 billion as they added more than 600 staff
22nd Feb 21, 4:01pm
Former RBNZ chairman Arthur Grimes says the Reserve Bank should tighten monetary policy gradually and continue this tightening till house prices return to 'a much more affordable level'
Former RBNZ chairman Arthur Grimes says the Reserve Bank should tighten monetary policy gradually and continue this tightening till house prices return to 'a much more affordable level'
14th Feb 21, 6:02am
Gareth Vaughan gets lost in a fictional world full of fairies, rainbows and unicorns where banks use cheap public money in ways that make New Zealand a better place
Gareth Vaughan gets lost in a fictional world full of fairies, rainbows and unicorns where banks use cheap public money in ways that make New Zealand a better place
3rd Feb 21, 3:24pm
The shock drop in the unemployment rate has ended all talk of further official interest rate falls and is now prompting increased speculation of rates beginning to rise in 2022
The shock drop in the unemployment rate has ended all talk of further official interest rate falls and is now prompting increased speculation of rates beginning to rise in 2022
3rd Feb 21, 11:02am
Statistics New Zealand says unemployment dropped to 4.9% in the December quarter from 5.3%; economists had universally expected unemployment to rise
Statistics New Zealand says unemployment dropped to 4.9% in the December quarter from 5.3%; economists had universally expected unemployment to rise
2nd Feb 21, 9:51am
Economists are picking a December quarter 2020 unemployment rate of around 5.6%, higher than the 5.3% rate in September; unemployment likely to peak later this year
Economists are picking a December quarter 2020 unemployment rate of around 5.6%, higher than the 5.3% rate in September; unemployment likely to peak later this year
29th Jan 21, 5:00am
Kiwibank economists have been tracking our spending - and we are still doing our best to make up for the lack of tourist dollars
Kiwibank economists have been tracking our spending - and we are still doing our best to make up for the lack of tourist dollars
27th Jan 21, 2:11pm
David Hargreaves looks at some of the options for dampening demand in the housing market while we wait for the supply of housing to catch up
David Hargreaves looks at some of the options for dampening demand in the housing market while we wait for the supply of housing to catch up
27th Jan 21, 12:01pm
Kiwibank unveils key digital and technology appointments as it spruiks evolving digital banking services
Kiwibank unveils key digital and technology appointments as it spruiks evolving digital banking services
