Days to the General Election: 20
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deposits

19th Sep 20, 9:42am
The economic climate has brought interest rates to very low levels and the environment may have changed semi-permanently. Banks now vie to offer the lowest rates to their depositors
The economic climate has brought interest rates to very low levels and the environment may have changed semi-permanently. Banks now vie to offer the lowest rates to their depositors
19th Sep 20, 9:42am
2nd Sep 20, 9:30am
Kiwibank CEO Steve Jurkovich says the bank has been preparing for the likelihood of a negative OCR by looking closely at what it's likely to mean for product management and customer behaviour
Kiwibank CEO Steve Jurkovich says the bank has been preparing for the likelihood of a negative OCR by looking closely at what it's likely to mean for product management and customer behaviour
2nd Sep 20, 9:30am
1st Sep 20, 2:11pm
What are we supposed to invest in now that interest rates have disappeared?
What are we supposed to invest in now that interest rates have disappeared?
1st Sep 20, 2:11pm
[Updated]
1st Sep 20, 9:54am
Kiwibank June year profit hit as COVID-19 related loan impairments ramp up, expenses rise and income falls
[Updated]
Kiwibank June year profit hit as COVID-19 related loan impairments ramp up, expenses rise and income falls
1st Sep 20, 9:54am
31st Aug 20, 3:33pm
Reserve Bank statistics show New Zealanders increased the amount in their bank accounts by another $1.2 billion last month and the annual rate of saving is now at its highest level in nearly three years; business lending, however, has dried up
Reserve Bank statistics show New Zealanders increased the amount in their bank accounts by another $1.2 billion last month and the annual rate of saving is now at its highest level in nearly three years; business lending, however, has dried up
31st Aug 20, 3:33pm
26th Aug 20, 9:49am
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
26th Aug 20, 9:49am
25th Aug 20, 2:48pm
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
25th Aug 20, 2:48pm
19th Aug 20, 2:31pm
ANZ NZ records credit impairment charge of $312 million for first nine months of current financial year, more than treble the sum recorded for its full financial year in 2019
ANZ NZ records credit impairment charge of $312 million for first nine months of current financial year, more than treble the sum recorded for its full financial year in 2019
19th Aug 20, 2:31pm
[Updated]
12th Aug 20, 10:36am
ASB's June year profit drops 25% as COVID-19 related loan provisioning ramps up, income falls and expenses rise
[Updated]
ASB's June year profit drops 25% as COVID-19 related loan provisioning ramps up, income falls and expenses rise
12th Aug 20, 10:36am
7th Aug 20, 10:00am
Gareth Vaughan on bloated bank balance sheets, a second Keynesian revolution, business owners afraid to ask for help, American mask hysteria redux & Ghosn's escape
Gareth Vaughan on bloated bank balance sheets, a second Keynesian revolution, business owners afraid to ask for help, American mask hysteria redux & Ghosn's escape
7th Aug 20, 10:00am
3rd Aug 20, 4:09pm
Reserve Bank statistics show New Zealanders increased the amount in their bank accounts by $10.6 billion in the four months to the end of June; separately an RBNZ survey shows Kiwis are becoming less worried about losing their jobs
Reserve Bank statistics show New Zealanders increased the amount in their bank accounts by $10.6 billion in the four months to the end of June; separately an RBNZ survey shows Kiwis are becoming less worried about losing their jobs
3rd Aug 20, 4:09pm
28th Jul 20, 8:38am
MBIE's Integrity and Enforcement Team probes alleged links between convicted British tax fraudster and NZ financial services companies
MBIE's Integrity and Enforcement Team probes alleged links between convicted British tax fraudster and NZ financial services companies
28th Jul 20, 8:38am
19th Jul 20, 6:02am
David Hargreaves hopes the banks won't be too guarded with their lending because of preconceived expectations of what will happen with the economy - rather than just seeing what does happen
David Hargreaves hopes the banks won't be too guarded with their lending because of preconceived expectations of what will happen with the economy - rather than just seeing what does happen
19th Jul 20, 6:02am
16th Jul 20, 1:37pm
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
16th Jul 20, 1:37pm
15th Jul 20, 1:06pm
The country's banks report that both demand and availability for credit over the next six months are set to be sharply down, with things looking particularly tough in the commercial property sector
The country's banks report that both demand and availability for credit over the next six months are set to be sharply down, with things looking particularly tough in the commercial property sector
15th Jul 20, 1:06pm
9th Jul 20, 5:00am
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
9th Jul 20, 5:00am
30th Jun 20, 3:28pm
New Reserve Bank figures show that despite plunging interest rates Kiwis put the most money away in term deposits last month for a year
New Reserve Bank figures show that despite plunging interest rates Kiwis put the most money away in term deposits last month for a year
30th Jun 20, 3:28pm
23rd Jun 20, 9:52am
Macquarie research suggests NZ's major banks have more capacity than their Aussie parents to protect margins if interest rates go negative, by cutting term deposit rates
Macquarie research suggests NZ's major banks have more capacity than their Aussie parents to protect margins if interest rates go negative, by cutting term deposit rates
23rd Jun 20, 9:52am
14th Jun 20, 6:02am
Kiwibank CEO Steve Jurkovich says 'flight to safety' has led to a glut of deposits & 'some people are finding it difficult' with low rates. Advises no 'hard stop' on mortgage deferrals
Kiwibank CEO Steve Jurkovich says 'flight to safety' has led to a glut of deposits & 'some people are finding it difficult' with low rates. Advises no 'hard stop' on mortgage deferrals
14th Jun 20, 6:02am
2nd Jun 20, 9:53am
Reserve Bank data shows just how significant the initial impact of the COVID-19 crisis has been on New Zealand banks, with smaller NZ owned banks hit hardest
Reserve Bank data shows just how significant the initial impact of the COVID-19 crisis has been on New Zealand banks, with smaller NZ owned banks hit hardest
2nd Jun 20, 9:53am
Days to the General Election: 20
See Party Policies here. Party Lists here.