deposits
The housing market remains amazingly buoyant even as interest rates are getting cranked up
24th Nov 21, 3:20pm
18
The housing market remains amazingly buoyant even as interest rates are getting cranked up
BNZ posts 74% surge in annual profit to $1.322 billion as income jumps 14% and expenses tumble 9%; Big 4 banks' combined annual profit reaches $5.493 billion
9th Nov 21, 10:27am
29
BNZ posts 74% surge in annual profit to $1.322 billion as income jumps 14% and expenses tumble 9%; Big 4 banks' combined annual profit reaches $5.493 billion
Westpac NZ annual profit bounces back after major reversal in loan impairments
1st Nov 21, 10:23am
9
Westpac NZ annual profit bounces back after major reversal in loan impairments
Jarden analysts point out ANZ's greater exposure to NZ than its Aussie rivals mean it's likely to benefit more from rising NZ interest rates, possibly at the expense of depositors
1st Nov 21, 9:19am
2
Jarden analysts point out ANZ's greater exposure to NZ than its Aussie rivals mean it's likely to benefit more from rising NZ interest rates, possibly at the expense of depositors
ANZ NZ's annual profit pushes above $1.9 billion helped by strong housing lending and lower loan provisions; 70% of total lending now housing lending
28th Oct 21, 10:03am
50
ANZ NZ's annual profit pushes above $1.9 billion helped by strong housing lending and lower loan provisions; 70% of total lending now housing lending
Latest Reserve Bank monthly figures show $6.9 billion of mortgages were advanced - which is just $400 mln short of a then record total recorded in September last year
27th Oct 21, 3:39pm
22
Latest Reserve Bank monthly figures show $6.9 billion of mortgages were advanced - which is just $400 mln short of a then record total recorded in September last year
Reserve Bank review of overseas banks operating as branches in New Zealand mulls not letting them take retail deposits
21st Oct 21, 10:25am
1
Reserve Bank review of overseas banks operating as branches in New Zealand mulls not letting them take retail deposits
BNZ follows ANZ and raises its floating mortgage rate by less than the RBNZ OCR increase, completing adjustments from the main banks. But the challenger banks are all yet to follow
8th Oct 21, 10:46am
12
BNZ follows ANZ and raises its floating mortgage rate by less than the RBNZ OCR increase, completing adjustments from the main banks. But the challenger banks are all yet to follow
Westpac raises floating mortgage rates by 25bps and increases some savings rates too
7th Oct 21, 2:01pm
4
Westpac raises floating mortgage rates by 25bps and increases some savings rates too
David Hargreaves says all the language is around further interest rate rises - but his crystal ball is looking very murky when it comes to our now Covid-hit economy
6th Oct 21, 2:56pm
23
David Hargreaves says all the language is around further interest rate rises - but his crystal ball is looking very murky when it comes to our now Covid-hit economy
Some banks move quickly to raise their floating mortgage rates now the RBNZ has hiked the OCR. Here is where each bank stands
6th Oct 21, 2:40pm
7
Some banks move quickly to raise their floating mortgage rates now the RBNZ has hiked the OCR. Here is where each bank stands
The NZIER's latest 'Shadow Board' review ahead of this week's OCR decision shows businesses going cooler on interest rate rises
4th Oct 21, 11:31am
20
The NZIER's latest 'Shadow Board' review ahead of this week's OCR decision shows businesses going cooler on interest rate rises
The Reserve Bank is widely expected to raise the Official Cash Rate to 0.5% from the current 0.25% next week
27th Sep 21, 2:52pm
11
The Reserve Bank is widely expected to raise the Official Cash Rate to 0.5% from the current 0.25% next week
Latest KPMG Financial Institutions Performance Survey shows the second highest number of first home buyers ever in the June quarter - but with fewer borrowing on high LVRs
23rd Sep 21, 8:44am
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Latest KPMG Financial Institutions Performance Survey shows the second highest number of first home buyers ever in the June quarter - but with fewer borrowing on high LVRs
David Hargreaves says the likely ongoing presence of Covid in the community poses further questions for our central bank as it looks to 'normalise' interest rates
21st Sep 21, 2:16pm
46
David Hargreaves says the likely ongoing presence of Covid in the community poses further questions for our central bank as it looks to 'normalise' interest rates
The RBNZ appears to have run out of live ammo to tackle the housing market right now. But David Hargreaves argues that with the housing market, it is the years ahead we need to be worrying about
8th Sep 21, 2:13pm
113
The RBNZ appears to have run out of live ammo to tackle the housing market right now. But David Hargreaves argues that with the housing market, it is the years ahead we need to be worrying about
The continued surge in mortgage borrowing has seen the country grow its mortgage debt by over 12% in the past year
31st Aug 21, 3:48pm
The continued surge in mortgage borrowing has seen the country grow its mortgage debt by over 12% in the past year
Kiwibank posts annual profit of $126 million as net interest income surges, lending grows and the bank writes-back Covid-19 loan provisioning
26th Aug 21, 8:57am
22
Kiwibank posts annual profit of $126 million as net interest income surges, lending grows and the bank writes-back Covid-19 loan provisioning
New Zealand's major banks record major year-on-year profit turnaround in the June quarter
26th Aug 21, 7:30am
1
New Zealand's major banks record major year-on-year profit turnaround in the June quarter
Latest Reserve Bank monthly figures show $8.8 billion of mortgages were advanced last month, easily a record for a July; $100 billon borrowed in last 12 months
25th Aug 21, 3:27pm
40
Latest Reserve Bank monthly figures show $8.8 billion of mortgages were advanced last month, easily a record for a July; $100 billon borrowed in last 12 months
The Auckland-based non-bank deposit taker FE Investments, which went under last year owing investors $55 mln, may face action from the liquidators
23rd Aug 21, 9:54am
4
The Auckland-based non-bank deposit taker FE Investments, which went under last year owing investors $55 mln, may face action from the liquidators
David Hargreaves looks at some of the issues ahead - particularly for first home buyers - as the Reserve Bank mulls tighter lending rules by October this year
22nd Aug 21, 6:01am
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David Hargreaves looks at some of the issues ahead - particularly for first home buyers - as the Reserve Bank mulls tighter lending rules by October this year
ANZ economists point to a 'sharp disconnect' between what NZ analysts and offshore pundits believe the Reserve Bank will do on interest rates this week
16th Aug 21, 2:49pm
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ANZ economists point to a 'sharp disconnect' between what NZ analysts and offshore pundits believe the Reserve Bank will do on interest rates this week
ASB annual profit surges to a fresh record high of $1.321 billion as loan impairments fall and housing lending rises
11th Aug 21, 10:30am
28
ASB annual profit surges to a fresh record high of $1.321 billion as loan impairments fall and housing lending rises
ASB economists say the Reserve Bank 'should consider' starting lifting interest rates with a 50 basis-point rise and say the central bank could use interest rates to 'douse the housing market'
9th Aug 21, 12:56pm
46
ASB economists say the Reserve Bank 'should consider' starting lifting interest rates with a 50 basis-point rise and say the central bank could use interest rates to 'douse the housing market'