Westpac

Kiwibank comes back for a second home loan rate hike in the past few days, targeting its two and three year fixed rates

Kiwibank comes back for a second home loan rate hike in the past few days, targeting its two and three year fixed rates

Sharply weaker confidence, employment and GDP growth will drive weakness in the housing market, Westpac economists say

Sharply weaker confidence, employment and GDP growth will drive weakness in the housing market, Westpac economists say

The financial markets got the soothing message they were looking for from Reserve Bank Governor Anna Breman - but the longer term picture remains one of ongoing inflation and likely interest rate hikes

The financial markets got the soothing message they were looking for from Reserve Bank Governor Anna Breman - but the longer term picture remains one of ongoing inflation and likely interest rate hikes

Westpac economists see 'a better than even chance' that the RBNZ Governor will in her upcoming speech give a preliminary assessment of how the Middle East shock is impacting the RBNZ's assessment of the monetary policy outlook

Westpac economists see 'a better than even chance' that the RBNZ Governor will in her upcoming speech give a preliminary assessment of how the Middle East shock is impacting the RBNZ's assessment of the monetary policy outlook

While GDP data shows economic growth, ‘it was still barely at a pace that would have halted the rise in unemployment or added to domestic inflation pressures,’ Westpac senior economist says

While GDP data shows economic growth, ‘it was still barely at a pace that would have halted the rise in unemployment or added to domestic inflation pressures,’ Westpac senior economist says

Household term deposit balances have flat-lined since early 2024. But now that bank offer rates are rising, with 4%-plus rates even offered by some main banks, will that encourage savers to move back?

Household term deposit balances have flat-lined since early 2024. But now that bank offer rates are rising, with 4%-plus rates even offered by some main banks, will that encourage savers to move back?

The country's largest mortgage lender raises its carded home loan rates too, with more than me-too increases. Unlike some, they raised term deposit rates at the same time

The country's largest mortgage lender raises its carded home loan rates too, with more than me-too increases. Unlike some, they raised term deposit rates at the same time

BNZ is the next to raise fixed mortgage rates, but they do it differently to Westpac, holding advantages in some terms. BNZ did not raise term deposit rates at the same time, as Westpac did

BNZ is the next to raise fixed mortgage rates, but they do it differently to Westpac, holding advantages in some terms. BNZ did not raise term deposit rates at the same time, as Westpac did

Government’s inflation worst case scenario ‘much more closer to the baseline’ - Westpac's Kelly Eckhold says

Government’s inflation worst case scenario ‘much more closer to the baseline’ - Westpac's Kelly Eckhold says

The Red Bank moves its rates up for both mortgages and term deposits as wholesale money cost rises show no signs of slowing

The Red Bank moves its rates up for both mortgages and term deposits as wholesale money cost rises show no signs of slowing

'It’s nightmare time for the RBNZ. Supply shocks cannot be handled well by central banks. We have had plenty of recent evidence of this'

'It’s nightmare time for the RBNZ. Supply shocks cannot be handled well by central banks. We have had plenty of recent evidence of this'

Kiwibank economists say the Reserve Bank may well have to tolerate higher inflation in the short term to avoid raising interest rates into a slowing global economy

Kiwibank economists say the Reserve Bank may well have to tolerate higher inflation in the short term to avoid raising interest rates into a slowing global economy

Economists are beginning to flirt with a revolutionary idea - that the New Zealand economy might be able to grow and prosper without the traditional leg-up from the housing market

Economists are beginning to flirt with a revolutionary idea - that the New Zealand economy might be able to grow and prosper without the traditional leg-up from the housing market

Reductions to some fixed home loan rates may extend the move by borrowers to fix for longer given swirling uncertainties in the short term

Reductions to some fixed home loan rates may extend the move by borrowers to fix for longer given swirling uncertainties in the short term

Recent major bank financial reporting seen as better than expected by analysts

Recent major bank financial reporting seen as better than expected by analysts