[Updated]
3rd Apr 20, 12:43pm
Kiwibank CEO says banks are being 'open-minded' when it comes to assessing credit risk, but warns coming out of lock-down will be more of a 'wicked problem' than going into it was
[Updated]
Kiwibank CEO says banks are being 'open-minded' when it comes to assessing credit risk, but warns coming out of lock-down will be more of a 'wicked problem' than going into it was
3rd Apr 20, 5:00am
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
2nd Apr 20, 3:28pm
In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation
In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation
[Updated]
2nd Apr 20, 10:03am
RBNZ offers banks more help to encourage them to keep lending... but at a cost, as it restricts them from paying dividends until the economic outlook improves
[Updated]
RBNZ offers banks more help to encourage them to keep lending... but at a cost, as it restricts them from paying dividends until the economic outlook improves
1st Apr 20, 1:22pm
We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it
We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it
31st Mar 20, 5:38pm
Finance Minister and RBNZ unwilling at this stage to link up directly to fund the fallout from COVID-19
Finance Minister and RBNZ unwilling at this stage to link up directly to fund the fallout from COVID-19
31st Mar 20, 3:37pm
Latest Reserve Bank figures show we have been gearing ourselves up with mortgages - but personal borrowing and agricultural debt have reduced
Latest Reserve Bank figures show we have been gearing ourselves up with mortgages - but personal borrowing and agricultural debt have reduced
31st Mar 20, 2:01pm
Commerce Commission looking at COVID-19 'mortgage holidays' through CCCFA lens, what RBNZ capital concession means & what about non-bank deposit takers?
Commerce Commission looking at COVID-19 'mortgage holidays' through CCCFA lens, what RBNZ capital concession means & what about non-bank deposit takers?
31st Mar 20, 10:58am
The Government is literally throwing money at the coronavirus problem at bewildering speed. If you are finding it all hard to keep track of developments, interest.co.nz is here to help
The Government is literally throwing money at the coronavirus problem at bewildering speed. If you are finding it all hard to keep track of developments, interest.co.nz is here to help
31st Mar 20, 7:37am
A wrap of all the tricks the Reserve Bank's pulled out of its bag (so far) to keep cash flowing through the economy
A wrap of all the tricks the Reserve Bank's pulled out of its bag (so far) to keep cash flowing through the economy
30th Mar 20, 1:13pm
Westpac economists say after a drop in the second half of this year house prices will next year slowly start returning to their 'pre-Covid-19 trajectory'
Westpac economists say after a drop in the second half of this year house prices will next year slowly start returning to their 'pre-Covid-19 trajectory'
30th Mar 20, 8:35am
RBNZ to buy more government bonds, as well as corporate and asset-based securities to support liquidity in the corporate sector
RBNZ to buy more government bonds, as well as corporate and asset-based securities to support liquidity in the corporate sector
30th Mar 20, 8:18am
Roger J Kerr says If the New Zealand economy can 'dodge a bullet', with relatively less negative economic impact than other economies, it is difficult to see the NZ dollar going down in value
Roger J Kerr says If the New Zealand economy can 'dodge a bullet', with relatively less negative economic impact than other economies, it is difficult to see the NZ dollar going down in value
[Updated]
27th Mar 20, 3:33pm
Most banks set-up to receive mortgage repayment deferral applications online; Customers urged not to swarm call centres
[Updated]
Most banks set-up to receive mortgage repayment deferral applications online; Customers urged not to swarm call centres
26th Mar 20, 5:39pm
Mortgage holders may need to wait until next week before banks make 6-month payment holiday available; Grant Robertson 'actively working' on extending scheme to building societies
Mortgage holders may need to wait until next week before banks make 6-month payment holiday available; Grant Robertson 'actively working' on extending scheme to building societies
25th Mar 20, 3:45pm
Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
[Updated]
25th Mar 20, 10:38am
Gareth Vaughan looks at the strenuous efforts authorities are making to keep the debt/credit taps on, concluding the banking industry 'normal' may not be the same the other side of COVID-19
[Updated]
Gareth Vaughan looks at the strenuous efforts authorities are making to keep the debt/credit taps on, concluding the banking industry 'normal' may not be the same the other side of COVID-19
[Updated]
24th Mar 20, 3:43pm
RBNZ loosens rules so banks can give coronavirus-affected mortgage holders a 6-month payment holiday; Govt stumps up $6.25 billion to guarantee business loans
[Updated]
RBNZ loosens rules so banks can give coronavirus-affected mortgage holders a 6-month payment holiday; Govt stumps up $6.25 billion to guarantee business loans
23rd Mar 20, 12:19pm
Raf Manji urges the RBNZ not to make the mistake of previous overseas QE programmes by focusing entirely on supporting the financial markets
Raf Manji urges the RBNZ not to make the mistake of previous overseas QE programmes by focusing entirely on supporting the financial markets
[Updated]
23rd Mar 20, 8:23am
The RBNZ will buy up to $30 bln of Government bonds as the negative impacts of the emergency intensify in New Zealand and financial conditions tighten 'unnecessarily'
[Updated]
The RBNZ will buy up to $30 bln of Government bonds as the negative impacts of the emergency intensify in New Zealand and financial conditions tighten 'unnecessarily'
