Banking
HSBC NZ reprises very low mortgage rate offer, far below any other bank, matching the 50-year-low rate it had in mid 2018
5th Oct 18, 11:00am
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HSBC NZ reprises very low mortgage rate offer, far below any other bank, matching the 50-year-low rate it had in mid 2018
More home loan rate trimming this time by ASB. Its new 18-month rate now has a notable advantage against its main rivals and matches ANZ's new 1-year rate
5th Oct 18, 10:04am
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More home loan rate trimming this time by ASB. Its new 18-month rate now has a notable advantage against its main rivals and matches ANZ's new 1-year rate
A review of things you need to know before you go home on Thursday; Moody's gives our banks a tick, used imports drop, cheap linkers, Wtgn rents jump, petrol inflation threat, swaps rise & steepen, NZD drops
4th Oct 18, 3:59pm
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A review of things you need to know before you go home on Thursday; Moody's gives our banks a tick, used imports drop, cheap linkers, Wtgn rents jump, petrol inflation threat, swaps rise & steepen, NZD drops
Ratings agency Moody's says the financial performance of our banks will continue to compare favourably with peers in other countries over the next 12-18 months despite slower credit growth and rising wholesale funding costs
4th Oct 18, 3:49pm
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Ratings agency Moody's says the financial performance of our banks will continue to compare favourably with peers in other countries over the next 12-18 months despite slower credit growth and rising wholesale funding costs
A review of things you need to know before you go home on Wednesday; more mortgage rate cuts, housing markets flat, dairy prices down, car sales plateau, commodity prices slip, swaps flatten, NZD lower
3rd Oct 18, 4:00pm
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A review of things you need to know before you go home on Wednesday; more mortgage rate cuts, housing markets flat, dairy prices down, car sales plateau, commodity prices slip, swaps flatten, NZD lower
Both TSB and Westpac move some key home loan rates lower, with TSB's eighteen month fixed rate a notable lower level. All rate offers now tightly bunched
3rd Oct 18, 8:40am
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Both TSB and Westpac move some key home loan rates lower, with TSB's eighteen month fixed rate a notable lower level. All rate offers now tightly bunched
A review of things you need to know before you go home on Tuesday; TSB cuts mortgage rate, Co-op Bank cuts two rates for savers, business confidence falls further, RBNZ pays big dividend, swaps and NZD stable
2nd Oct 18, 3:59pm
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A review of things you need to know before you go home on Tuesday; TSB cuts mortgage rate, Co-op Bank cuts two rates for savers, business confidence falls further, RBNZ pays big dividend, swaps and NZD stable
Researchers call for the Reserve Bank, retail banks and other regulators to be kicked into gear to ensure NZ doesn't miss the blockchain boat
28th Sep 18, 9:07am
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Researchers call for the Reserve Bank, retail banks and other regulators to be kicked into gear to ensure NZ doesn't miss the blockchain boat
Bankers' Association Acting CEO Antony Buick-Constable rejects suggestions banks are not playing their part in the construction sector and says bank lending to the sector is at its highest since the GFC
12th Sep 18, 10:21am
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Bankers' Association Acting CEO Antony Buick-Constable rejects suggestions banks are not playing their part in the construction sector and says bank lending to the sector is at its highest since the GFC
FMA boss calls for financial services firms to stop focusing on shareholders at the expense of customers, with public trust the worst it has been since the GFC
7th Sep 18, 7:46am
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FMA boss calls for financial services firms to stop focusing on shareholders at the expense of customers, with public trust the worst it has been since the GFC
Finance Minister Grant Robertson says location of bank branches is up to banks, but notes banks need a 'social licence' to operate
6th Sep 18, 2:05pm
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Finance Minister Grant Robertson says location of bank branches is up to banks, but notes banks need a 'social licence' to operate
New Zealand Bankers' Association advertising for a new CEO after Karen Scott-Howman departs
5th Sep 18, 5:00am
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New Zealand Bankers' Association advertising for a new CEO after Karen Scott-Howman departs
Rabobank NZ commissions independent report to probe its governance and management frameworks & the extent of its independence from the Rabobank Group
3rd Sep 18, 1:29pm
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Rabobank NZ commissions independent report to probe its governance and management frameworks & the extent of its independence from the Rabobank Group
RBNZ points wannabe bank start-ups down the non-bank deposit taker path with no plans for restricted banking licences as have been provided in the UK and Australia
3rd Sep 18, 12:30pm
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RBNZ points wannabe bank start-ups down the non-bank deposit taker path with no plans for restricted banking licences as have been provided in the UK and Australia
Financial performance and lending growth steady across The Co-operative Bank, SBS, TSB, Heartland, and Rabobank during the June quarter
28th Aug 18, 11:08am
Financial performance and lending growth steady across The Co-operative Bank, SBS, TSB, Heartland, and Rabobank during the June quarter
NZ's big 5 banks' average NIM holds steady and return on equity rises in June quarter with just ANZ & BNZ growing mortgage lending above system
27th Aug 18, 10:14am
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NZ's big 5 banks' average NIM holds steady and return on equity rises in June quarter with just ANZ & BNZ growing mortgage lending above system
Credit ratings agency Moody's says big year after year increases in major Kiwi banks’ profits are coming to an end
14th Aug 18, 9:29am
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Credit ratings agency Moody's says big year after year increases in major Kiwi banks’ profits are coming to an end
FMA not keen to embed supervisors in banks like its Aussie counterpart, but sees logic of prudential regulators - IE the Reserve Bank - doing so
9th Aug 18, 4:00pm
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FMA not keen to embed supervisors in banks like its Aussie counterpart, but sees logic of prudential regulators - IE the Reserve Bank - doing so
ANZ to stop incentivising frontline retail staff with sales targets, acknowledging the 'environment is clearly changing'
8th Aug 18, 12:22pm
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ANZ to stop incentivising frontline retail staff with sales targets, acknowledging the 'environment is clearly changing'
The ASB profit machine marches on with June year net profit up 10% to $1.177 bln, net interest margin, return on equity & parent CBA's dividends all up
8th Aug 18, 10:08am
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The ASB profit machine marches on with June year net profit up 10% to $1.177 bln, net interest margin, return on equity & parent CBA's dividends all up
Rabobank NZ says it operates with 'completely appropriate independence' from sister bank Rabobank Australia and its Dutch parent as concerns are raised
8th Aug 18, 5:00am
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Rabobank NZ says it operates with 'completely appropriate independence' from sister bank Rabobank Australia and its Dutch parent as concerns are raised
Australian Productivity Commission proposes a formal, accountable reporting line to bank board and regulator putting substance to banks' marketing claim they put customers first
7th Aug 18, 10:40am
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Australian Productivity Commission proposes a formal, accountable reporting line to bank board and regulator putting substance to banks' marketing claim they put customers first
Kiwibank's new boss Steve Jurkovich sets out 'to win in a uniquely kiwi way' as he takes the reins at the state owned bank
7th Aug 18, 5:00am
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Kiwibank's new boss Steve Jurkovich sets out 'to win in a uniquely kiwi way' as he takes the reins at the state owned bank
Suspended lawyer and former BNZ staffer jailed for involvement in mortgage fraud scheme; property developer sentenced to home detention
3rd Aug 18, 3:34pm
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Suspended lawyer and former BNZ staffer jailed for involvement in mortgage fraud scheme; property developer sentenced to home detention
New Zealand's big four banks don't appear to be following in their Aussie parents' footsteps when it comes to ATMs
3rd Aug 18, 12:42pm
New Zealand's big four banks don't appear to be following in their Aussie parents' footsteps when it comes to ATMs