bank competition

BNZ moves some key fixed rates up, closing the gap to its main rivals. In the background, all the pressure's on benchmark rates, both locally and internationally, are up

BNZ moves some key fixed rates up, closing the gap to its main rivals. In the background, all the pressure's on benchmark rates, both locally and internationally, are up

ASB increases home loan rates as wholesale interest rate rises bite, also raises term deposit rates but for few terms savers prefer

ASB increases home loan rates as wholesale interest rate rises bite, also raises term deposit rates but for few terms savers prefer

Rising inflation pressure underpins rising wholesale interest rates and then retail mortgage rate offers. That opens up opportunities to grab a lower fixed rate while they are temporarily available

Rising inflation pressure underpins rising wholesale interest rates and then retail mortgage rate offers. That opens up opportunities to grab a lower fixed rate while they are temporarily available

BNZ is the next to raise fixed home loan rates, but theirs are notable because they undercut the recent ANZ, Westpac and Kiwibank hiking levels

BNZ is the next to raise fixed home loan rates, but theirs are notable because they undercut the recent ANZ, Westpac and Kiwibank hiking levels

With wholesale swap rates jumping recently, do banks have a good case to raise mortgage rates? Are you being softened up by their finfluencer mortgage brokers to expect a hike? Is there a good case?

With wholesale swap rates jumping recently, do banks have a good case to raise mortgage rates? Are you being softened up by their finfluencer mortgage brokers to expect a hike? Is there a good case?

In granular analysis, we show the rate offer moves lower for savers have been faster than for borrowers. But the size of the shift might surprise you, with at least 3 interesting out-takes from this analysis

In granular analysis, we show the rate offer moves lower for savers have been faster than for borrowers. But the size of the shift might surprise you, with at least 3 interesting out-takes from this analysis

The home loan market may not be growing much but it is becoming more competitive as borrowers change banks more often when they roll over their fixed rate contracts

The home loan market may not be growing much but it is becoming more competitive as borrowers change banks more often when they roll over their fixed rate contracts

Mortgage interest rates may have risen a lot, but David Chaston wonders if they are 'fair' or at least still in line with historic benchmarks

Mortgage interest rates may have risen a lot, but David Chaston wonders if they are 'fair' or at least still in line with historic benchmarks

An MBIE briefing to the new Minister of Commerce and Consumer Affairs shows the Minister will be tackling everything from the Commerce Act to KiwiSaver

An MBIE briefing to the new Minister of Commerce and Consumer Affairs shows the Minister will be tackling everything from the Commerce Act to KiwiSaver

A survey for Federated Farmers shows over a quarter of farmers feeling under pressure from banks while overall satisfaction levels with the banks have dropped

A survey for Federated Farmers shows over a quarter of farmers feeling under pressure from banks while overall satisfaction levels with the banks have dropped

Farmers' lobby group wants rural banking probe, suggests banks' moves towards net-zero could reduce competition in agricultural banking

Farmers' lobby group wants rural banking probe, suggests banks' moves towards net-zero could reduce competition in agricultural banking

'It doesn't mean we hate you': Commerce Commission Chairman John Small on banking, market studies and why he joined the competition watchdog

'It doesn't mean we hate you': Commerce Commission Chairman John Small on banking, market studies and why he joined the competition watchdog

Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks

Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks

New report from ratings agency S&P Global Ratings says most Asia-Pacific financial institutions will 'show a multi-fold rise in credit losses and sharp drop in earnings' in the next two to three years due to Covid-19

New report from ratings agency S&P Global Ratings says most Asia-Pacific financial institutions will 'show a multi-fold rise in credit losses and sharp drop in earnings' in the next two to three years due to Covid-19

Bank of China New Zealand Chairman Chris Tremain says despite capital constraints, the bank is well placed to compete in the residential mortgage market

Bank of China New Zealand Chairman Chris Tremain says despite capital constraints, the bank is well placed to compete in the residential mortgage market