Kiwibank
TSB surprises the home loan market cutting its one-year fixed rate 'special' as term deposit rates continue to trend up
13th May 22, 9:33am
5
TSB surprises the home loan market cutting its one-year fixed rate 'special' as term deposit rates continue to trend up
Westpac pushes through its third interest rate rise for home loans in April, but ends up with the most competitive card for key terms among the main banks. It raised its term deposit rates at the same time
26th Apr 22, 4:32pm
18
Westpac pushes through its third interest rate rise for home loans in April, but ends up with the most competitive card for key terms among the main banks. It raised its term deposit rates at the same time
[updated]
The scale of home loan rate rises is now at a level that will crimp consumer spending for those who roll over the fixed rate mortgages. The impact will spread relentlessly over the next few months
22nd Apr 22, 9:19am
92
The scale of home loan rate rises is now at a level that will crimp consumer spending for those who roll over the fixed rate mortgages. The impact will spread relentlessly over the next few months
ASB raises its fixed home loan rates just ahead of the imminent release of the March quarter inflation data. Banks are now in two separate rate-level camps
21st Apr 22, 9:14am
27
ASB raises its fixed home loan rates just ahead of the imminent release of the March quarter inflation data. Banks are now in two separate rate-level camps
[updated]
BNZ joins ANZ pushing fixed home loan rates higher as the relentless rise in wholesale rates compresses bank margins faster than some of them are responding. Westpac raises rates too but by less
20th Apr 22, 8:57am
81
BNZ joins ANZ pushing fixed home loan rates higher as the relentless rise in wholesale rates compresses bank margins faster than some of them are responding. Westpac raises rates too but by less
Co-op Bank No. 1, People's Choice gong for TSB, Kiwibank customers experiencing problems, ANZ customers least satisfied with value for money, Westpac dead last in consumer satisfaction survey
18th Apr 22, 8:45am
5
Co-op Bank No. 1, People's Choice gong for TSB, Kiwibank customers experiencing problems, ANZ customers least satisfied with value for money, Westpac dead last in consumer satisfaction survey
Curtain falls on $300m government capital facility established for use in emergency by Kiwibank
14th Apr 22, 10:33am
Curtain falls on $300m government capital facility established for use in emergency by Kiwibank
ANZ raises its fixed home loan rates sharply, after passing on the full +50 bps rise in their floating rate. Their fixed rates rose between +20 bps and +40 bps too. Their rivals are sure to follow soon
13th Apr 22, 5:48pm
13
ANZ raises its fixed home loan rates sharply, after passing on the full +50 bps rise in their floating rate. Their fixed rates rose between +20 bps and +40 bps too. Their rivals are sure to follow soon
ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates
11th Apr 22, 2:21pm
107
ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates
Latest Kiwibank household spending data shows that the March quarter spending was 'especially weak'
11th Apr 22, 1:11pm
24
Latest Kiwibank household spending data shows that the March quarter spending was 'especially weak'
Westpac is the last to the rate-hike party, and since ANZ started this round of rises, the 2year swap rate has risen +40 bps. But Westpac is another main bank with a sub-4% rate still
7th Apr 22, 4:47pm
42
Westpac is the last to the rate-hike party, and since ANZ started this round of rises, the 2year swap rate has risen +40 bps. But Westpac is another main bank with a sub-4% rate still
Sensing an opportunity, BNZ holds back on part of their home loan rate increases, opening up a gap between them and ANZ/ASB. The pace of swap rate increases may however close that opportunity soon
5th Apr 22, 9:06am
18
Sensing an opportunity, BNZ holds back on part of their home loan rate increases, opening up a gap between them and ANZ/ASB. The pace of swap rate increases may however close that opportunity soon
Kiwibank the third major to raise home loan interest rates, although a sub 4% rate is still hanging in there from them. Expect the other two majors to announce chunky rises soon too
4th Apr 22, 9:45am
116
Kiwibank the third major to raise home loan interest rates, although a sub 4% rate is still hanging in there from them. Expect the other two majors to announce chunky rises soon too
Complaints from bank customers drop in the final quarter of 2021 year-on-year despite CCCFA changes
1st Apr 22, 12:57pm
1
Complaints from bank customers drop in the final quarter of 2021 year-on-year despite CCCFA changes
ASB follows ANZ with new home loan rate increases, and goes even higher for most key fixed terms. 5% rates for a two year fixed deal looks imminent now, but the variation still allows for much lower fixing
1st Apr 22, 9:17am
62
ASB follows ANZ with new home loan rate increases, and goes even higher for most key fixed terms. 5% rates for a two year fixed deal looks imminent now, but the variation still allows for much lower fixing
With wholesale swap rates at seven year highs, home loan rates push on up higher with ANZ the latest to raise fixed rates up to the next level
28th Mar 22, 5:54pm
106
With wholesale swap rates at seven year highs, home loan rates push on up higher with ANZ the latest to raise fixed rates up to the next level
Kiwibank economists say exit of people from NZ could be similar to the Aussie mining-fuelled outflow back in 2011
28th Mar 22, 12:45pm
121
Kiwibank economists say exit of people from NZ could be similar to the Aussie mining-fuelled outflow back in 2011
New Zealand banks appear well prepared to meet their increasing regulatory capital requirements
18th Mar 22, 9:38am
New Zealand banks appear well prepared to meet their increasing regulatory capital requirements
Two more major mortgage lenders raise rates, but take different approaches. BNZ matches ANZ, but ASB goes further with some sharp extra hikes
17th Mar 22, 8:40am
82
Two more major mortgage lenders raise rates, but take different approaches. BNZ matches ANZ, but ASB goes further with some sharp extra hikes
Banks have talked the talk on reducing fees over the past two years. Have their actions matched this?
17th Mar 22, 5:00am
3
Banks have talked the talk on reducing fees over the past two years. Have their actions matched this?
As bond and swap rates rise inexorably, only Kiwibank has moved to match ANZ with higher mortgage rates so far. But the margin pressure on the other majors is building fast
15th Mar 22, 8:53am
42
As bond and swap rates rise inexorably, only Kiwibank has moved to match ANZ with higher mortgage rates so far. But the margin pressure on the other majors is building fast
ANZ kicks off next round of mortgage rate hikes with some mid-range increases
New Zealand banks' annual funding costs sink as big banks tighten grip on lending market
9th Mar 22, 10:53am
1
New Zealand banks' annual funding costs sink as big banks tighten grip on lending market
'A range of opportunities' being explored for Kiwi Wealth; Goldman Sachs advising
8th Mar 22, 4:39pm
1
'A range of opportunities' being explored for Kiwi Wealth; Goldman Sachs advising
Major banks record $207 million increase in combined quarterly profit, however other key profitability measures little changed
7th Mar 22, 9:34am
4
Major banks record $207 million increase in combined quarterly profit, however other key profitability measures little changed