3rd Apr 20, 3:59pm
A review of things you need to know before you go home on Friday; more rate cuts, more regulatory relief, tough on the farm and in the car yards, NZD stable, & more
A review of things you need to know before you go home on Friday; more rate cuts, more regulatory relief, tough on the farm and in the car yards, NZD stable, & more
[Updated]
3rd Apr 20, 12:43pm
Kiwibank CEO says banks are being 'open-minded' when it comes to assessing credit risk, but warns coming out of lock-down will be more of a 'wicked problem' than going into it was
[Updated]
Kiwibank CEO says banks are being 'open-minded' when it comes to assessing credit risk, but warns coming out of lock-down will be more of a 'wicked problem' than going into it was
3rd Apr 20, 5:00am
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
[Updated]
2nd Apr 20, 3:59pm
A review of things you need to know before you go home on Thursday; FEI in receivership, big Govt bond tenders, Barfoots strong pre lockdown, RBNZ stops bank dividends, swaps low, NZD soft, & more
[Updated]
A review of things you need to know before you go home on Thursday; FEI in receivership, big Govt bond tenders, Barfoots strong pre lockdown, RBNZ stops bank dividends, swaps low, NZD soft, & more
2nd Apr 20, 3:28pm
In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation
In a new report ratings agency Moody's Investors Service says disruption from coronavirus will weaken NZ’s economic growth leading to increases in problem loans, weighing on banks’ profitability and capitalisation
[Updated]
2nd Apr 20, 10:03am
RBNZ offers banks more help to encourage them to keep lending... but at a cost, as it restricts them from paying dividends until the economic outlook improves
[Updated]
RBNZ offers banks more help to encourage them to keep lending... but at a cost, as it restricts them from paying dividends until the economic outlook improves
[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
[Updated]
1st Apr 20, 3:59pm
A review of things you need to know before you go home on Wednesday; more savings account rate cuts, housing market turns grim, thousands apply for mortgage relief, vastly more for wage subsidies, swaps data updated, NZD soft, & more
[Updated]
A review of things you need to know before you go home on Wednesday; more savings account rate cuts, housing market turns grim, thousands apply for mortgage relief, vastly more for wage subsidies, swaps data updated, NZD soft, & more
[Updated]
1st Apr 20, 2:54pm
Govt to announce commercial property sector support this week; Banks nearly ready to write taxpayer-backed business loans; Treasury says 'bespoke' support for big business could involve debt, equity or regulatory relief
[Updated]
Govt to announce commercial property sector support this week; Banks nearly ready to write taxpayer-backed business loans; Treasury says 'bespoke' support for big business could involve debt, equity or regulatory relief
1st Apr 20, 1:22pm
We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it
We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it
1st Apr 20, 9:34am
Rabobank NZ says ex-Fonterra boss Henry van der Heyden is standing down as its chairman 'due to regulatory changes', succeeded by Andy Borland
Rabobank NZ says ex-Fonterra boss Henry van der Heyden is standing down as its chairman 'due to regulatory changes', succeeded by Andy Borland
1st Apr 20, 8:35am
S&P Global Ratings says NZ's big four banks have substantial headroom as they buckle in for a COVID-19 driven increase in bad debts
S&P Global Ratings says NZ's big four banks have substantial headroom as they buckle in for a COVID-19 driven increase in bad debts
31st Mar 20, 3:59pm
A review of things you need to know before you go home on Tuesday; many retail rate changes (cuts), retail spending dives, business confidence follows, power use down, swaps stablise, NZD firm, & much much more
A review of things you need to know before you go home on Tuesday; many retail rate changes (cuts), retail spending dives, business confidence follows, power use down, swaps stablise, NZD firm, & much much more
31st Mar 20, 2:01pm
Commerce Commission looking at COVID-19 'mortgage holidays' through CCCFA lens, what RBNZ capital concession means & what about non-bank deposit takers?
Commerce Commission looking at COVID-19 'mortgage holidays' through CCCFA lens, what RBNZ capital concession means & what about non-bank deposit takers?
31st Mar 20, 7:37am
A wrap of all the tricks the Reserve Bank's pulled out of its bag (so far) to keep cash flowing through the economy
A wrap of all the tricks the Reserve Bank's pulled out of its bag (so far) to keep cash flowing through the economy
30th Mar 20, 3:59pm
A review of things you need to know before you go home on Monday; rate changes keep coming, RBNZ adds to support, insurers promise support, fear stalks fixed interest markets, NZD firm, & more
A review of things you need to know before you go home on Monday; rate changes keep coming, RBNZ adds to support, insurers promise support, fear stalks fixed interest markets, NZD firm, & more
28th Mar 20, 12:32pm
Gareth Vaughan on stress testing COVID-19, panic buying, Trump's Vietnam, the Fed's balance sheet topping US$5 trillion and the Coronavirus Rhapsody
Gareth Vaughan on stress testing COVID-19, panic buying, Trump's Vietnam, the Fed's balance sheet topping US$5 trillion and the Coronavirus Rhapsody
28th Mar 20, 10:32am
In the third part of a series on NZ's retail payment systems, Gareth Vaughan looks at the complications of interchange & merchant service fees and finds a government minister still waving a regulatory stick
In the third part of a series on NZ's retail payment systems, Gareth Vaughan looks at the complications of interchange & merchant service fees and finds a government minister still waving a regulatory stick
27th Mar 20, 3:59pm
A review of things you need to know before you go home on Friday; many rate cuts and payment deferrals, petrol price drops, landlords want a public bailout, swaps slip, NZD firm, & much more
A review of things you need to know before you go home on Friday; many rate cuts and payment deferrals, petrol price drops, landlords want a public bailout, swaps slip, NZD firm, & much more
[Updated]
27th Mar 20, 3:33pm
Most banks set-up to receive mortgage repayment deferral applications online; Customers urged not to swarm call centres
[Updated]
Most banks set-up to receive mortgage repayment deferral applications online; Customers urged not to swarm call centres
