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Westpac

In the first of a series of articles on bank fees, Matt Skinner looks at the business borrowing fees the major banks charge
4th Nov 22, 11:38am
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In the first of a series of articles on bank fees, Matt Skinner looks at the business borrowing fees the major banks charge
Latest ANZ Business Outlook Survey shows a drop in business confidence and activity levels - but inflation expectations have risen again
26th Oct 22, 1:33pm
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Latest ANZ Business Outlook Survey shows a drop in business confidence and activity levels - but inflation expectations have risen again
[updated]
ASB and HSBC are the next to raise fixed home loan rates. A feature is the steepness of their hikes for terms of 4 and 5 years. Both raised TD rates too, with ASB matching Kiwibank with a 4.5% one year offer. BNZ raises rates too
26th Oct 22, 8:46am
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ASB and HSBC are the next to raise fixed home loan rates. A feature is the steepness of their hikes for terms of 4 and 5 years. Both raised TD rates too, with ASB matching Kiwibank with a 4.5% one year offer. BNZ raises rates too
Eyes on net interest margins as ANZ, Westpac and NAB/BNZ annual results swing into focus
26th Oct 22, 8:00am
Eyes on net interest margins as ANZ, Westpac and NAB/BNZ annual results swing into focus
Kiwibank is the next major bank to raised interest rates for both borrowers and savers, but because we are in the middle of a sharp global shift higher, New Zealand banks may have to move up again in the coming week or so
21st Oct 22, 9:31am
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Kiwibank is the next major bank to raised interest rates for both borrowers and savers, but because we are in the middle of a sharp global shift higher, New Zealand banks may have to move up again in the coming week or so
[updated]
Fixed home loan rate rises are spreading with another major mortgage lender pushing through big increases. But in the background the causes are rising even further, meaning this won't end soon
20th Oct 22, 3:51pm
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Fixed home loan rate rises are spreading with another major mortgage lender pushing through big increases. But in the background the causes are rising even further, meaning this won't end soon
All the wholesale signals point to a new round of fixed mortgage rate increases soon, even in a real estate market that's failing to fire this spring
18th Oct 22, 9:34am
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All the wholesale signals point to a new round of fixed mortgage rate increases soon, even in a real estate market that's failing to fire this spring
[updated]
Most banks have been slow to respond to the October 5 RBNZ +50 bps hike to the OCR. They are only now getting around to making floating rate adjustments with Westpac, and now ASB & BNZ seven days after the OCR change
11th Oct 22, 4:31pm
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Most banks have been slow to respond to the October 5 RBNZ +50 bps hike to the OCR. They are only now getting around to making floating rate adjustments with Westpac, and now ASB & BNZ seven days after the OCR change
Statistics New Zealand says retail spending spending rose across a majority of retail industries, with the largest contribution coming from consumables - probably influenced by rising prices
11th Oct 22, 11:12am
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Statistics New Zealand says retail spending spending rose across a majority of retail industries, with the largest contribution coming from consumables - probably influenced by rising prices
Reserve Bank has raised the Official Cash Rate to 3.5% - but gave serious consideration to a bigger hike
5th Oct 22, 2:03pm
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Reserve Bank has raised the Official Cash Rate to 3.5% - but gave serious consideration to a bigger hike
[updated]
Banks start reining in credit card loyalty and rewards schemes as regulation of merchant service fees nears
5th Oct 22, 8:06am
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Banks start reining in credit card loyalty and rewards schemes as regulation of merchant service fees nears
How keen are NZ's major banks to cough up for a Business Growth Fund to support SMEs in partnership with the Government?
3rd Oct 22, 9:36am
How keen are NZ's major banks to cough up for a Business Growth Fund to support SMEs in partnership with the Government?
BNZ and Kiwibank raise fixed home loan rates in a restrained way, and join Westpac with a flatter rate card than both ANZ and ASB. The mortgage market now awaits the next RBNZ rate review
29th Sep 22, 9:36am
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BNZ and Kiwibank raise fixed home loan rates in a restrained way, and join Westpac with a flatter rate card than both ANZ and ASB. The mortgage market now awaits the next RBNZ rate review
When the two year swap rate was last at Monday's level, that was back in May 2010 and the two year fixed mortgage rate was 7.30%. Who says it won't go back to that level?
26th Sep 22, 4:42pm
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When the two year swap rate was last at Monday's level, that was back in May 2010 and the two year fixed mortgage rate was 7.30%. Who says it won't go back to that level?
ASB and HSBC are the next to raise mortgage rates following ANZ and Westpac. ANZ's lead has been justified by global wholesale rate moves following the US Fed signals and may indicate there is [much?] more to come
23rd Sep 22, 9:15am
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ASB and HSBC are the next to raise mortgage rates following ANZ and Westpac. ANZ's lead has been justified by global wholesale rate moves following the US Fed signals and may indicate there is [much?] more to come
The first bank to take up some of the mortgage rate space offered by ANZ recently is Westpac. But Westpac has set its new rate card offers with some benefits, especially for the three year fixed rate
22nd Sep 22, 3:54pm
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The first bank to take up some of the mortgage rate space offered by ANZ recently is Westpac. But Westpac has set its new rate card offers with some benefits, especially for the three year fixed rate
New Zealand's largest mortgage lender strikes out ahead of the pack with some sharp rate hikes for the most popular fixed home loan terms. They also make me-too term deposit rate changes
20th Sep 22, 5:38pm
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New Zealand's largest mortgage lender strikes out ahead of the pack with some sharp rate hikes for the most popular fixed home loan terms. They also make me-too term deposit rate changes
Fee and commission income across key retail banks down 20% in four years
16th Sep 22, 11:48am
Fee and commission income across key retail banks down 20% in four years
Despite rises in wholesale rates, TSB launches a market leading low one year fixed home loan rate. It raises term deposit rates at the same time
15th Sep 22, 5:19pm
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Despite rises in wholesale rates, TSB launches a market leading low one year fixed home loan rate. It raises term deposit rates at the same time
Series of loan establishment and administration fees removed by Westpac NZ
15th Sep 22, 11:26am
Series of loan establishment and administration fees removed by Westpac NZ
Morgan Stanley sees higher interest rates, deposit mix helping boost big banks' net interest margins
15th Sep 22, 9:58am
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Morgan Stanley sees higher interest rates, deposit mix helping boost big banks' net interest margins
BNZ economists say a very wide range of forecasts for the outcome of GDP figures this week likely reflects the 'noise' in the component parts
12th Sep 22, 3:10pm
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BNZ economists say a very wide range of forecasts for the outcome of GDP figures this week likely reflects the 'noise' in the component parts
Cash-back offers increasingly a factor in choosing a lender, Macquarie mortgage broker survey says
12th Sep 22, 9:40am
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Cash-back offers increasingly a factor in choosing a lender, Macquarie mortgage broker survey says
Figures to be released in the coming week will likely show the country stayed well clear of recession in the June quarter - but the outlook for the economy is looking, as the Reserve Bank has indicated, pretty anaemic
11th Sep 22, 6:00am
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Figures to be released in the coming week will likely show the country stayed well clear of recession in the June quarter - but the outlook for the economy is looking, as the Reserve Bank has indicated, pretty anaemic
[updated]
ASB raises two fixed home loan rates. ANZ does too. The increases are small, but add to a rising direction of flatter and higher rates, taking levels back to what we had in 2015
8th Sep 22, 9:15am
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ASB raises two fixed home loan rates. ANZ does too. The increases are small, but add to a rising direction of flatter and higher rates, taking levels back to what we had in 2015