Banks

25th Jun 20, 3:33pm
Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago
Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago
25th Jun 20, 3:33pm
10th Jun 20, 7:50am
David Hargreaves says while it would be lovely to simply bin this year and move straight on to 2021, we may be able to somewhat salvage matters in the second half of 2020
David Hargreaves says while it would be lovely to simply bin this year and move straight on to 2021, we may be able to somewhat salvage matters in the second half of 2020
10th Jun 20, 7:50am
26th May 20, 3:30pm
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
26th May 20, 3:30pm
21st May 20, 11:25am
David Hargreaves says the next few months will be a big test for the banks - and how the banks react is likely to be long-remembered by the public
David Hargreaves says the next few months will be a big test for the banks - and how the banks react is likely to be long-remembered by the public
21st May 20, 11:25am
19th May 20, 1:58pm
David Hargreaves has a deeper dive through the Reserve Bank's latest figures on mortgage lending by debt-to-income ratio and finds that buyers across the spectrum have been stretching themselves further
David Hargreaves has a deeper dive through the Reserve Bank's latest figures on mortgage lending by debt-to-income ratio and finds that buyers across the spectrum have been stretching themselves further
19th May 20, 1:58pm
18th May 20, 3:50pm
New Reserve Bank figures show that household debt to income ratios continued to blow out right up till the lockdown - and first home buyers were in the frontline
New Reserve Bank figures show that household debt to income ratios continued to blow out right up till the lockdown - and first home buyers were in the frontline
18th May 20, 3:50pm
13th May 20, 5:21pm
The Reserve Bank has put forward three scenarios for how the economy might pan out depending on what level of pandemic containment measures will be required. None of the scenarios are rosy
The Reserve Bank has put forward three scenarios for how the economy might pan out depending on what level of pandemic containment measures will be required. None of the scenarios are rosy
13th May 20, 5:21pm
13th May 20, 3:11pm
Reserve Bank says it will be 'closely monitoring' movements in retail interest rates and bank margins; sees house prices falling 9% over the rest of this year
Reserve Bank says it will be 'closely monitoring' movements in retail interest rates and bank margins; sees house prices falling 9% over the rest of this year
13th May 20, 3:11pm
29th Apr 20, 3:37pm
New figures show the banks wrote out the biggest amount for mortgages in a March last month since 2016; first home buyers had a pre-lockdown surge
New figures show the banks wrote out the biggest amount for mortgages in a March last month since 2016; first home buyers had a pre-lockdown surge
29th Apr 20, 3:37pm
[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
1st Apr 20, 6:15pm
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, 1:22pm
25th Mar 20, 3:45pm
Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
25th Mar 20, 3:45pm
[Updated]
24th Mar 20, 3:43pm
RBNZ loosens rules so banks can give coronavirus-affected mortgage holders a 6-month payment holiday; Govt stumps up $6.25 billion to guarantee business loans
[Updated]
RBNZ loosens rules so banks can give coronavirus-affected mortgage holders a 6-month payment holiday; Govt stumps up $6.25 billion to guarantee business loans
24th Mar 20, 3:43pm
19th Mar 20, 3:50pm
RBNZ says there's enough cash to 'meet demand under any circumstances' while banks and electronic payments systems are 'prepared, resilient, and will keep operating'
RBNZ says there's enough cash to 'meet demand under any circumstances' while banks and electronic payments systems are 'prepared, resilient, and will keep operating'
19th Mar 20, 3:50pm
20th Feb 20, 10:33am
New Reserve Bank figures show that household debt to income ratios are blowing out again after reducing during 2018
New Reserve Bank figures show that household debt to income ratios are blowing out again after reducing during 2018
20th Feb 20, 10:33am
11th Feb 20, 11:36am
Westpac has agreed to compensate over 19,000 new credit card customers who were not provided with the required disclosure information when getting their credit cards
Westpac has agreed to compensate over 19,000 new credit card customers who were not provided with the required disclosure information when getting their credit cards
11th Feb 20, 11:36am
29th Jan 20, 3:35pm
New Reserve Bank figures confirm that the housing market had a raging finish to 2019 - and first home buyers were in there at record levels
New Reserve Bank figures confirm that the housing market had a raging finish to 2019 - and first home buyers were in there at record levels
29th Jan 20, 3:35pm
21st Jan 20, 11:45am
ANZ economists now see no further cuts at all to the Official Cash Rate this year after only a matter of weeks ago forecasting three further cuts
ANZ economists now see no further cuts at all to the Official Cash Rate this year after only a matter of weeks ago forecasting three further cuts
21st Jan 20, 11:45am
15th Jan 20, 11:10am
David Hargreaves cunningly avoids making any predictions as he outlines some of the economic-related issues he's looking out for in the year ahead
David Hargreaves cunningly avoids making any predictions as he outlines some of the economic-related issues he's looking out for in the year ahead
15th Jan 20, 11:10am
17th Dec 19, 8:11am
David Hargreaves tries to overcome his astonishment at the speed with which 2019 has disappeared and outlines some of the key economic developments as he has seen it over the past 12 months
David Hargreaves tries to overcome his astonishment at the speed with which 2019 has disappeared and outlines some of the key economic developments as he has seen it over the past 12 months
17th Dec 19, 8:11am

Pages