20th May 19, 1:10pm
Kiwibank economists say following re-election of the Coalition the RBA is free to cut interest rates across the Tasman and this will increase pressure on the Reserve Bank to cut the Official Cash Rate again here
Kiwibank economists say following re-election of the Coalition the RBA is free to cut interest rates across the Tasman and this will increase pressure on the Reserve Bank to cut the Official Cash Rate again here
[Updated]
18th May 19, 11:30am
ANZ has announced more reductions, this time to most term deposit rates. And they are signaling that premium interest for their main bonus saver account will be cut by -25 bps
[Updated]
ANZ has announced more reductions, this time to most term deposit rates. And they are signaling that premium interest for their main bonus saver account will be cut by -25 bps
16th May 19, 2:00pm
State owned Kiwibank to become the first New Zealand bank to cull cheques, after 'tipping point' reached with less than 1% of the bank's payments now made by cheque
State owned Kiwibank to become the first New Zealand bank to cull cheques, after 'tipping point' reached with less than 1% of the bank's payments now made by cheque
15th May 19, 1:39pm
Rates continue to sink in the light of global uncertainties and in the wake of the Reserve Bank's Official Cash rate cut
Rates continue to sink in the light of global uncertainties and in the wake of the Reserve Bank's Official Cash rate cut
[Updated]
11th May 19, 3:09pm
With headline mortgage rates from every bank for every fixed term now below 5% and most key rates below 4%, this is a very competitive home loan market. Cash incentives are also available as well
[Updated]
With headline mortgage rates from every bank for every fixed term now below 5% and most key rates below 4%, this is a very competitive home loan market. Cash incentives are also available as well
11th May 19, 9:46am
Business lobby group BusinessNZ is dismissive of the RBNZ's bank capital proposals yet NZ owned banks argue they would bolster their competitive position vs their big Aussie owned rivals. So why the disconnect?
Business lobby group BusinessNZ is dismissive of the RBNZ's bank capital proposals yet NZ owned banks argue they would bolster their competitive position vs their big Aussie owned rivals. So why the disconnect?
[Updated]
9th May 19, 12:03pm
Banks are trimming interest rates for savings accounts and term deposits. We update the latest changes
[Updated]
Banks are trimming interest rates for savings accounts and term deposits. We update the latest changes
9th May 19, 7:58am
RBNZ Governor Adrian Orr doesn't believe he'll get less bang for his buck cutting interest rates, the lower they go; Bank economists beg to differ
RBNZ Governor Adrian Orr doesn't believe he'll get less bang for his buck cutting interest rates, the lower they go; Bank economists beg to differ
[Updated]
8th May 19, 2:31pm
Following the RBNZ's -25 bps official rate cut, banks are trimming their home loan rates, including floating rates. Here is an updated list
[Updated]
Following the RBNZ's -25 bps official rate cut, banks are trimming their home loan rates, including floating rates. Here is an updated list
[Updated]
8th May 19, 2:04pm
RBNZ cuts official interest rates for the first time since November 2016; ANZ and Kiwibank immediately cut rates
[Updated]
RBNZ cuts official interest rates for the first time since November 2016; ANZ and Kiwibank immediately cut rates
3rd May 19, 10:05am
As if the first Official Cash Rate decision to be made by the new Monetary Policy Committee wasn't intriguing enough, there's also a fair chance we may see the first rate cut since 2016
As if the first Official Cash Rate decision to be made by the new Monetary Policy Committee wasn't intriguing enough, there's also a fair chance we may see the first rate cut since 2016
3rd May 19, 10:02am
BNZ matches two key rivals with sharp four and five year fixed home loan rates, but doesn't go as far down as Kiwibank. ANZ's equivalent offers remain uncompetitive
BNZ matches two key rivals with sharp four and five year fixed home loan rates, but doesn't go as far down as Kiwibank. ANZ's equivalent offers remain uncompetitive
[Updated]
1st May 19, 10:57am
RBNZ not expected to be surprised by soft March quarter labour data. Unemployment rate falls slightly to 4.2%; wage rate increases 2.0% in year
[Updated]
RBNZ not expected to be surprised by soft March quarter labour data. Unemployment rate falls slightly to 4.2%; wage rate increases 2.0% in year
[Updated]
16th Apr 19, 12:41pm
Pressure on Robertson to borrow more to stimulate the economy mounts, as debt gets cheaper, the effectiveness of interest rate cuts diminishes, and credit rating agencies remain happy
[Updated]
Pressure on Robertson to borrow more to stimulate the economy mounts, as debt gets cheaper, the effectiveness of interest rate cuts diminishes, and credit rating agencies remain happy
15th Apr 19, 9:51am
Another bank tweaks its rates for longer term fixed home loans, adding a new market leading rate while holding on to another. It cuts term deposit rates at the same time
Another bank tweaks its rates for longer term fixed home loans, adding a new market leading rate while holding on to another. It cuts term deposit rates at the same time
11th Apr 19, 1:47pm
The RBNZ proposes to designate ANZ, ASB, BNZ and Westpac as systemically important banks meaning they'd have capital requirements above and beyond other banks
The RBNZ proposes to designate ANZ, ASB, BNZ and Westpac as systemically important banks meaning they'd have capital requirements above and beyond other banks
10th Apr 19, 5:34pm
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
8th Apr 19, 5:48pm
New Zealand's largest home loan lender chooses to compete hard at the short end of the mortgage market, leaving most of its rivals battling for borrowers interested in low rates at longer terms
New Zealand's largest home loan lender chooses to compete hard at the short end of the mortgage market, leaving most of its rivals battling for borrowers interested in low rates at longer terms
8th Apr 19, 4:31pm
Westpac sharpens some longer home loan rates, but not sharper than those offered by ASB, and not as sharp as Kiwibank's market-leading five year rate
Westpac sharpens some longer home loan rates, but not sharper than those offered by ASB, and not as sharp as Kiwibank's market-leading five year rate
8th Apr 19, 12:14pm
Kiwibank chief economist Jarrod Kerr says as central banks continue grappling with the impacts of the Global Financial Crisis, governments could be doing more to help
Kiwibank chief economist Jarrod Kerr says as central banks continue grappling with the impacts of the Global Financial Crisis, governments could be doing more to help
