22nd May 20, 2:07pm
BNZ gets back in the ring with a 'special' rate card all below three percent, including all rates for three, four and five years fixed
BNZ gets back in the ring with a 'special' rate card all below three percent, including all rates for three, four and five years fixed
22nd May 20, 10:07am
Now its ASB's turn to push down home loan interest rates, with a market leading target at 2.69% for two years fixed, and trumping all their main rivals
Now its ASB's turn to push down home loan interest rates, with a market leading target at 2.69% for two years fixed, and trumping all their main rivals
21st May 20, 6:38pm
Westpac joins the fray with a market leading two year fixed rate, but doesn't reduce standard rates so the difference grows to unusual levels
Westpac joins the fray with a market leading two year fixed rate, but doesn't reduce standard rates so the difference grows to unusual levels
[Updated]
21st May 20, 12:50pm
TSB joins ANZ offering a home loan rate of 2.79% fixed for one year. It cuts four other rates, two of them to below 3%. It cuts term deposit rates too
[Updated]
TSB joins ANZ offering a home loan rate of 2.79% fixed for one year. It cuts four other rates, two of them to below 3%. It cuts term deposit rates too
[Updated]
9th Apr 20, 8:00am
Limit on contactless payments increasing to $200 from $80 to encourage consumers not to touch payments terminals. Good for our health, but bad for EFTPOS?
[Updated]
Limit on contactless payments increasing to $200 from $80 to encourage consumers not to touch payments terminals. Good for our health, but bad for EFTPOS?
[Updated]
1st Apr 20, 6:15pm
More detail unveiled on which businesses are be eligible for an 80% taxpayer-backed bank loan to get them through the COVID-19 crisis
[Updated]
More detail unveiled on which businesses are be eligible for an 80% taxpayer-backed bank loan to get them through the COVID-19 crisis
5th Mar 20, 5:08pm
The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates
The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates
14th Feb 20, 9:42am
Financial Markets Authority says peer-to-peer lending was designed to provide a new investment opportunity for New Zealanders, and continues to do so despite Harmoney quitting the retail investor market
Financial Markets Authority says peer-to-peer lending was designed to provide a new investment opportunity for New Zealanders, and continues to do so despite Harmoney quitting the retail investor market
7th Feb 20, 9:16am
Annual advertising spending by New Zealand banks increased by more than a quarter in 2019 with all four major banks recording increases
Annual advertising spending by New Zealand banks increased by more than a quarter in 2019 with all four major banks recording increases
3rd Feb 20, 7:03pm
ANZ raises some key home loan rates as wholesale rates dip and deposit rates stay unchanged - because the re-ignited housing market takes pressure off banks to keep rates low
ANZ raises some key home loan rates as wholesale rates dip and deposit rates stay unchanged - because the re-ignited housing market takes pressure off banks to keep rates low
5th Dec 19, 4:47pm
TSB acts to fix areas of its AML/CFT programme 'requiring improvement' and increases minimum capital requirement after regulatory capital errors came to light
TSB acts to fix areas of its AML/CFT programme 'requiring improvement' and increases minimum capital requirement after regulatory capital errors came to light
3rd Dec 19, 5:00am
Gareth Vaughan details six key changes proposed by the RBNZ in its bank capital review ahead of the release of the final decisions in its broadest ever review of bank regulatory capital requirements on Thursday
Gareth Vaughan details six key changes proposed by the RBNZ in its bank capital review ahead of the release of the final decisions in its broadest ever review of bank regulatory capital requirements on Thursday
2nd Dec 19, 12:10pm
Kiwibank economists say one 'perverse' impact of the RBNZ's forthcoming capital proposals could be that banks focus on residential mortgages at the expense of business lending
Kiwibank economists say one 'perverse' impact of the RBNZ's forthcoming capital proposals could be that banks focus on residential mortgages at the expense of business lending
26th Nov 19, 10:14am
TSB will again match any home loan rate advertised and offered by an Australian-owned major bank. This offer ensures TSB clients can win lower rates for five of the eight rate options
TSB will again match any home loan rate advertised and offered by an Australian-owned major bank. This offer ensures TSB clients can win lower rates for five of the eight rate options
30th Sep 19, 3:00pm
Government says the big banks have promised not to close any regional branches while a four-location trial of banking hubs is under way from early next year
Government says the big banks have promised not to close any regional branches while a four-location trial of banking hubs is under way from early next year
30th Aug 19, 11:44am
With its roots and charitable trust ownership in Taranaki, TSB is growing in other parts of New Zealand. So does it look to distribute profits outside its home province?
With its roots and charitable trust ownership in Taranaki, TSB is growing in other parts of New Zealand. So does it look to distribute profits outside its home province?
29th Aug 19, 7:48am
TSB CEO Donna Cooper 'feeling positive' about talks with the RBNZ seeking changes to the regulator's proposals for tougher bank regulatory capital requirements
TSB CEO Donna Cooper 'feeling positive' about talks with the RBNZ seeking changes to the regulator's proposals for tougher bank regulatory capital requirements
15th Aug 19, 10:59am
Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions
Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions
[Updated]
13th Aug 19, 10:42am
Another major home loan bank joins ANZ at a market-leading level for a key mortgage rate, dropping it by 16 bps. It also cut some key term deposit rates by 20 bps
[Updated]
Another major home loan bank joins ANZ at a market-leading level for a key mortgage rate, dropping it by 16 bps. It also cut some key term deposit rates by 20 bps
29th Jun 19, 9:32am
We are now in the depth of the Winter mortgage season. Wholesale swap rates have turned up recently. Banks are pulling back on their 'specials', keeping powder dry for the upcoming Spring campaigns
We are now in the depth of the Winter mortgage season. Wholesale swap rates have turned up recently. Banks are pulling back on their 'specials', keeping powder dry for the upcoming Spring campaigns
