27th Nov 20, 10:01am
Big five New Zealand banks fill their boots on home loans during September quarter as COVID-19 sends profits south
Big five New Zealand banks fill their boots on home loans during September quarter as COVID-19 sends profits south
25th Nov 20, 6:58am
Economists expect the RBNZ to respond to government pressure over house prices by restricting bank lending; Financial markets now see lower odds of a negative OCR in 2021
Economists expect the RBNZ to respond to government pressure over house prices by restricting bank lending; Financial markets now see lower odds of a negative OCR in 2021
17th Nov 20, 9:00am
With the Reserve Bank's Funding for Lending Programme set to offer banks very cheap funding, there's plenty of scope for banks to cut floating mortgage rates, Kiwibank's economists argue
With the Reserve Bank's Funding for Lending Programme set to offer banks very cheap funding, there's plenty of scope for banks to cut floating mortgage rates, Kiwibank's economists argue
12th Nov 20, 10:13am
Kiwibank economists say the current performance of the housing market is 'not consistent' with an economy in the midst of the worst recession in 100 years
Kiwibank economists say the current performance of the housing market is 'not consistent' with an economy in the midst of the worst recession in 100 years
12th Nov 20, 7:30am
Economists expect the RBNZ will consider what impact its $28 billion Funding for Lending Programme has on interest rates before taking a knife to the OCR
Economists expect the RBNZ will consider what impact its $28 billion Funding for Lending Programme has on interest rates before taking a knife to the OCR
[Updated]
11th Nov 20, 2:19pm
RBNZ says a Funding for Lending Programme will be launched in December; no changes made to either the Official Cash Rate or to the Large Scale Asset Purchases (QE) programme
[Updated]
RBNZ says a Funding for Lending Programme will be launched in December; no changes made to either the Official Cash Rate or to the Large Scale Asset Purchases (QE) programme
9th Nov 20, 3:19pm
Economists have differing views on whether the cheap money lending programme for banks to be announced this week will be specifically aimed at lending for businesses or will be available for banks to lend wherever, including on houses
Economists have differing views on whether the cheap money lending programme for banks to be announced this week will be specifically aimed at lending for businesses or will be available for banks to lend wherever, including on houses
4th Nov 20, 10:57am
Statistics New Zealand says the 37,000 rise in the number of unemployed to 151,000 is the largest quarterly rise on record; highest number out of work in eight years
Statistics New Zealand says the 37,000 rise in the number of unemployed to 151,000 is the largest quarterly rise on record; highest number out of work in eight years
4th Nov 20, 9:34am
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
[Updated]
30th Oct 20, 10:58am
Why banks believe a Funding for Lending Programme wouldn't do enough to protect their profits in the face of a negative Official Cash Rate
[Updated]
Why banks believe a Funding for Lending Programme wouldn't do enough to protect their profits in the face of a negative Official Cash Rate
29th Oct 20, 9:31am
Kiwibank CEO Steve Jurkovich calls for government grants for small businesses to help with economic recovery from COVID-19 crisis
Kiwibank CEO Steve Jurkovich calls for government grants for small businesses to help with economic recovery from COVID-19 crisis
[Updated]
23rd Oct 20, 11:11am
Consumer price index inflation undershoots RBNZ and market expectations in September quarter, coming in at 0.7% quarter-on-quarter and 1.4% year-on-year
[Updated]
Consumer price index inflation undershoots RBNZ and market expectations in September quarter, coming in at 0.7% quarter-on-quarter and 1.4% year-on-year
12th Oct 20, 1:59pm
Kiwibank economists believe the RBNZ will 'give with one hand' though lower mortgage rates and take a little back with the other - through tighter lending standards
Kiwibank economists believe the RBNZ will 'give with one hand' though lower mortgage rates and take a little back with the other - through tighter lending standards
6th Oct 20, 3:14pm
Kiwibank economists have been scrutinising our Covid spending. It's good news and bad news. We are eating really healthily. But we're drinking more and gambling
Kiwibank economists have been scrutinising our Covid spending. It's good news and bad news. We are eating really healthily. But we're drinking more and gambling
24th Sep 20, 7:32am
How the RBNZ is planning to get banks to cut interest rates without them worrying about pushing away savers and the funding they provide
How the RBNZ is planning to get banks to cut interest rates without them worrying about pushing away savers and the funding they provide
[Updated]
17th Sep 20, 10:58am
Statistics New Zealand says the 12.2% shrinkage of the economy in the June quarter is 'by far the largest on record in New Zealand'; the fall is in line with what major bank economists forecast
[Updated]
Statistics New Zealand says the 12.2% shrinkage of the economy in the June quarter is 'by far the largest on record in New Zealand'; the fall is in line with what major bank economists forecast
[Updated]
14th Sep 20, 1:37pm
The country is set to see its largest ever contraction in the economy reported this week - but the final figure's actually expected to be much smaller than first feared and the focus is already on how much the economy will grow by in the September quarter
[Updated]
The country is set to see its largest ever contraction in the economy reported this week - but the final figure's actually expected to be much smaller than first feared and the focus is already on how much the economy will grow by in the September quarter
2nd Sep 20, 9:30am
Kiwibank CEO Steve Jurkovich says the bank has been preparing for the likelihood of a negative OCR by looking closely at what it's likely to mean for product management and customer behaviour
Kiwibank CEO Steve Jurkovich says the bank has been preparing for the likelihood of a negative OCR by looking closely at what it's likely to mean for product management and customer behaviour
[Updated]
1st Sep 20, 9:54am
Kiwibank June year profit hit as COVID-19 related loan impairments ramp up, expenses rise and income falls
[Updated]
Kiwibank June year profit hit as COVID-19 related loan impairments ramp up, expenses rise and income falls
26th Aug 20, 9:49am
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
25th Aug 20, 2:48pm
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
24th Aug 20, 2:18pm
Some bank economists are raising various concerns and perceived problems ahead of New Zealand's likely move into 'below zero' territory with interest rates next year
Some bank economists are raising various concerns and perceived problems ahead of New Zealand's likely move into 'below zero' territory with interest rates next year
[Updated]
20th Aug 20, 4:21pm
Robertson increases cap on Business Finance Guarantee Scheme 10-fold, extends terms of loans and enables businesses to use loans for capital investment and re-financing
[Updated]
Robertson increases cap on Business Finance Guarantee Scheme 10-fold, extends terms of loans and enables businesses to use loans for capital investment and re-financing
6th Aug 20, 9:34am
Retail NZ and banks trumpet cuts in Visa & Mastercard interchange fees and merchants' contactless debit fees, but Commerce & Consumer Affairs Minister Kris Faafoi wants more competition
Retail NZ and banks trumpet cuts in Visa & Mastercard interchange fees and merchants' contactless debit fees, but Commerce & Consumer Affairs Minister Kris Faafoi wants more competition
5th Aug 20, 2:46pm
Kiwibank economist Mary Jo Vergara says women have traditionally done well in the workforce in times of war and crises - but 90% of the drop in employment according to latest figures was women
Kiwibank economist Mary Jo Vergara says women have traditionally done well in the workforce in times of war and crises - but 90% of the drop in employment according to latest figures was women
