banking sector
Commerce & Consumer Affairs Minister Andrew Bayly resigns after ‘incident’ with staff member
Kiwibank says it could slash big bank profits by $1.5 billion a year if it is allowed to raise growth capital and compete at scale
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Kiwibank says it could slash big bank profits by $1.5 billion a year if it is allowed to raise growth capital and compete at scale
[updated]
Kiwibank gets green light to raise $500 million from private investors ahead of a possible initial public offering in 2028
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Kiwibank gets green light to raise $500 million from private investors ahead of a possible initial public offering in 2028
Reserve Bank's Financial Stability Report highlights tension between bank competition and resilience
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Reserve Bank's Financial Stability Report highlights tension between bank competition and resilience
Parliament’s inquiry into banking competition and profitability kicks off next week
Parliament could start its own probe into business and rural lending as early as August, while Coalition parties jostle for the spotlight
Parliament could start its own probe into business and rural lending as early as August, while Coalition parties jostle for the spotlight
Westpac economists believe house price growth will be zero by the end of this year, which will be enough to prompt the Reserve Bank to further easing of lending restrictions
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Westpac economists believe house price growth will be zero by the end of this year, which will be enough to prompt the Reserve Bank to further easing of lending restrictions
David Hargreaves sees little chance that the Reserve Bank's loan to value ratio restrictions will now ever be removed
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David Hargreaves sees little chance that the Reserve Bank's loan to value ratio restrictions will now ever be removed
Reserve Bank says financial risks have lessened but will not be loosening LVR restrictions at this stage; will wait till November 'at least' before any loosening
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Reserve Bank says financial risks have lessened but will not be loosening LVR restrictions at this stage; will wait till November 'at least' before any loosening
Economists doubt the Reserve Bank will want to further roll back mortgage lending restrictions this week and will prefer to wait longer to see how the housing market develops this year
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Economists doubt the Reserve Bank will want to further roll back mortgage lending restrictions this week and will prefer to wait longer to see how the housing market develops this year
New RBNZ Governor Adrian Orr gets an early opportunity to strike a favourable impression with the public late next month by further loosening the LVR lending restrictions
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New RBNZ Governor Adrian Orr gets an early opportunity to strike a favourable impression with the public late next month by further loosening the LVR lending restrictions
The Reserve Bank's loosening of LVR limits will give the banks greater flexibility with their lending policies - but David Hargreaves wonders if the banks will actually want that at the moment
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The Reserve Bank's loosening of LVR limits will give the banks greater flexibility with their lending policies - but David Hargreaves wonders if the banks will actually want that at the moment
Reserve Bank doesn't see a collapse of house prices 'as a particularly high risk' due to Government policies, but says the new policies reinforce the RBNZ's decision to relax LVR restrictions
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Reserve Bank doesn't see a collapse of house prices 'as a particularly high risk' due to Government policies, but says the new policies reinforce the RBNZ's decision to relax LVR restrictions
Reserve Bank will begin rolling back the LVR restrictions with the 'speed limit' for high LVR lending for banks increased to 15% from 10%; Investors will be required to just make 35% deposits compared with 40% now
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Reserve Bank will begin rolling back the LVR restrictions with the 'speed limit' for high LVR lending for banks increased to 15% from 10%; Investors will be required to just make 35% deposits compared with 40% now
Bank bosses air concerns about foreigners pushing NZ asset prices too high, and they're also worried about house price inflation
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Bank bosses air concerns about foreigners pushing NZ asset prices too high, and they're also worried about house price inflation