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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
9th Mar 22, 5:06pm
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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
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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
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'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
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Major banks record $207 million increase in combined quarterly profit, however other key profitability measures little changed
Banks have tapped into the Reserve Bank's Funding for Lending Programme to the tune of more than $8 billion to date
2nd Mar 22, 11:55am
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Banks have tapped into the Reserve Bank's Funding for Lending Programme to the tune of more than $8 billion to date
Westpac is the next major to raise fixed mortgage rates, taking them to mid-pack. They also raised most term deposit rates by about the same amount. But wholesale echoes grow louder from eastern Europe
1st Mar 22, 5:00pm
Westpac is the next major to raise fixed mortgage rates, taking them to mid-pack. They also raised most term deposit rates by about the same amount. But wholesale echoes grow louder from eastern Europe
Softening house prices will 'cool urgency' for larger interest rate rises, Westpac economists believe
28th Feb 22, 2:37pm
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Softening house prices will 'cool urgency' for larger interest rate rises, Westpac economists believe
Kiwibank raises its floating mortgage rate 25 basis points, and ups its home loan fixed rates too, some to higher than its Aussie bank rivals
28th Feb 22, 10:26am
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Kiwibank raises its floating mortgage rate 25 basis points, and ups its home loan fixed rates too, some to higher than its Aussie bank rivals
Kiwibank CEO Steve Jurkovich says Credit Contracts and Consumer Finance Act changes appear to be catalyst for slowing housing market
25th Feb 22, 10:44am
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Kiwibank CEO Steve Jurkovich says Credit Contracts and Consumer Finance Act changes appear to be catalyst for slowing housing market
Here's a summary of changes to banks' floating mortgage rates since Wednesday's Reserve Bank 25 basis points Official Cash Rate increase
25th Feb 22, 10:24am
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Here's a summary of changes to banks' floating mortgage rates since Wednesday's Reserve Bank 25 basis points Official Cash Rate increase
Kiwibank CEO details the cost of the bank's technology transformation programme
25th Feb 22, 9:41am
Kiwibank CEO details the cost of the bank's technology transformation programme