Westpac
'Limited appeal in the sector,' Macquarie equity analysis says of the big four Australasian banks
22nd Nov 23, 9:41am
'Limited appeal in the sector,' Macquarie equity analysis says of the big four Australasian banks
RBNZ's foreign currency intervention capacity likely to grow significantly, Westpac NZ's Kelly Eckhold says
19th Nov 23, 6:00am
16
RBNZ's foreign currency intervention capacity likely to grow significantly, Westpac NZ's Kelly Eckhold says
Payments NZ CEO Steve Wiggins says NZ not behind other countries on open banking due to banks' influence, seeks 'joined up view' from regulators
18th Nov 23, 9:21am
1
Payments NZ CEO Steve Wiggins says NZ not behind other countries on open banking due to banks' influence, seeks 'joined up view' from regulators
[updated]
Stats NZ figures show that total card spending fell by 0.3% in October, while retail spending dropped by 0.7%; 'the softness in spending is notable as it comes as population growth is continuing to surge'
15th Nov 23, 11:16am
32
Stats NZ figures show that total card spending fell by 0.3% in October, while retail spending dropped by 0.7%; 'the softness in spending is notable as it comes as population growth is continuing to surge'
[updated]
Economists are reviewing their inflation and interest rate forecasts after new Stats NZ pricing information suggests the rate of inflation in the current quarter may be slower than expected
15th Nov 23, 8:24am
60
Economists are reviewing their inflation and interest rate forecasts after new Stats NZ pricing information suggests the rate of inflation in the current quarter may be slower than expected
After years of work involving thousands of staff & hundreds of millions of dollars, the big four banks say they've met the RBNZ's new outsourcing requirements
14th Nov 23, 5:00am
9
After years of work involving thousands of staff & hundreds of millions of dollars, the big four banks say they've met the RBNZ's new outsourcing requirements
Hawkish forecasters think rates need to go higher-for-longer, while dovish economists think the RBNZ may have already overcooked the chook
12th Nov 23, 6:00am
82
Hawkish forecasters think rates need to go higher-for-longer, while dovish economists think the RBNZ may have already overcooked the chook
Westpac NZ CEO Catherine McGrath says changes to come will add value for customers
9th Nov 23, 9:30am
Westpac NZ CEO Catherine McGrath says changes to come will add value for customers
Economists say the Reserve Bank will be wary of survey results that show shorter term inflation expectations have fallen but longer term expectations for both inflation and interest rates have risen
9th Nov 23, 9:07am
70
Economists say the Reserve Bank will be wary of survey results that show shorter term inflation expectations have fallen but longer term expectations for both inflation and interest rates have risen
[updated]
RBNZ to restrict banks operating in NZ as branches of overseas banks to wholesale business
7th Nov 23, 2:26pm
12
RBNZ to restrict banks operating in NZ as branches of overseas banks to wholesale business
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
7th Nov 23, 9:16am
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
[updated]
Westpac New Zealand annual profit falls as expenses, loan impairments rise. Net interest margin increases
6th Nov 23, 10:27am
41
Westpac New Zealand annual profit falls as expenses, loan impairments rise. Net interest margin increases
Citi analysts question loan provision levels being held by Australasia's big 4 banks, saying 'we expect the auditors would have some probing questions'
31st Oct 23, 9:21am
Citi analysts question loan provision levels being held by Australasia's big 4 banks, saying 'we expect the auditors would have some probing questions'
The Red Bank raises fixed home loan rates across the board, and tweaks two short-term term deposit rates higher, moving up into rate space provided earlier by ASB and other rivals
30th Oct 23, 4:52pm
13
The Red Bank raises fixed home loan rates across the board, and tweaks two short-term term deposit rates higher, moving up into rate space provided earlier by ASB and other rivals
Morgan Stanley analysts give their share buyback and dividend outlook ahead of big bank reporting season
27th Oct 23, 9:09am
Morgan Stanley analysts give their share buyback and dividend outlook ahead of big bank reporting season
Commerce Commission criticised for 'technocratic rather than democratic' bank competition probe, by consultancy Habilis, which wants it to protect the weak rather than play the role of a neutral umpire
25th Oct 23, 11:52am
9
Commerce Commission criticised for 'technocratic rather than democratic' bank competition probe, by consultancy Habilis, which wants it to protect the weak rather than play the role of a neutral umpire
[updated]
ANZ raises home loan rates along with term deposit rates, finally catching up with ASB, but opening up same carded differences with other main rivals
24th Oct 23, 5:53pm
59
ANZ raises home loan rates along with term deposit rates, finally catching up with ASB, but opening up same carded differences with other main rivals
Westpac floats idea of mutual anti-money laundering due diligence across banks to help improve the customer switching experience
21st Oct 23, 10:11am
6
Westpac floats idea of mutual anti-money laundering due diligence across banks to help improve the customer switching experience
Economists are upgrading their milk price forecasts again after a further recovery in global dairy prices at the latest auction
18th Oct 23, 2:35pm
1
Economists are upgrading their milk price forecasts again after a further recovery in global dairy prices at the latest auction
[updated]
Heartland Bank raises more home loan rates, whittling back much of its rate advantage. It also unveils a 5% digital call account, besting most other call account offers
16th Oct 23, 11:39am
Heartland Bank raises more home loan rates, whittling back much of its rate advantage. It also unveils a 5% digital call account, besting most other call account offers
More economists are seeing a likelihood that the Reserve Bank will not start cutting the Official Cash Rate till 2025
9th Oct 23, 2:36pm
15
More economists are seeing a likelihood that the Reserve Bank will not start cutting the Official Cash Rate till 2025
Some economists think a National-led government would be more inflationary than Labour
4th Oct 23, 7:02pm
53
Some economists think a National-led government would be more inflationary than Labour
Economists are cheered by signs the Reserve Bank's monetary tightening is getting traction but caution that inflationary pressures are still strong
3rd Oct 23, 2:01pm
59
Economists are cheered by signs the Reserve Bank's monetary tightening is getting traction but caution that inflationary pressures are still strong
The cutting edge behavioural analytics NZ banks could use to shut down scammers, and which big bank has signed up
2nd Oct 23, 2:04pm
2
The cutting edge behavioural analytics NZ banks could use to shut down scammers, and which big bank has signed up
Commerce Commission receives 120 complaints about payment surcharges
28th Sep 23, 11:42am
Commerce Commission receives 120 complaints about payment surcharges