deposits
David Hargreaves says the Reserve Bank should not delay in reinstating lending restrictions on housing investors
22nd Oct 20, 8:38am
126
David Hargreaves says the Reserve Bank should not delay in reinstating lending restrictions on housing investors
ANZ chairman John Key warns against creating 'zombie companies' and 'an asset bubble that's going to burst on us'
21st Oct 20, 12:05pm
100
ANZ chairman John Key warns against creating 'zombie companies' and 'an asset bubble that's going to burst on us'
Adrian Orr says the RBNZ is seeing early signs of house prices being driven by high leverage loans and by investors rather than households
20th Oct 20, 4:16pm
118
Adrian Orr says the RBNZ is seeing early signs of house prices being driven by high leverage loans and by investors rather than households
ASB's term deposit rate cuts set a new low benchmark ahead of the next Reserve Bank Monetary Policy Statement, but savers are still saving at banks
16th Oct 20, 10:45am
59
ASB's term deposit rate cuts set a new low benchmark ahead of the next Reserve Bank Monetary Policy Statement, but savers are still saving at banks
Much of the huge financial stimulus being pumped into the economy seems as though it is being pumped into the housing market. David Hargreaves says the Reserve Bank has some serious thinking to do ahead of its last two major set piece events of the year
15th Oct 20, 8:18am
176
Much of the huge financial stimulus being pumped into the economy seems as though it is being pumped into the housing market. David Hargreaves says the Reserve Bank has some serious thinking to do ahead of its last two major set piece events of the year
ASB economists say a much more severe shortage of housing than earlier thought is a key reason for rocketing house prices; 11% house price inflation forecast for June 2021 year
14th Oct 20, 9:23am
65
ASB economists say a much more severe shortage of housing than earlier thought is a key reason for rocketing house prices; 11% house price inflation forecast for June 2021 year
Kiwibank economists believe the RBNZ will 'give with one hand' though lower mortgage rates and take a little back with the other - through tighter lending standards
12th Oct 20, 1:59pm
21
Kiwibank economists believe the RBNZ will 'give with one hand' though lower mortgage rates and take a little back with the other - through tighter lending standards
Reserve Bank statistics show household deposits have grown at their fastest rate in four years while, the amount owed on houses just had its biggest monthly rise in 13 years
30th Sep 20, 3:42pm
49
Reserve Bank statistics show household deposits have grown at their fastest rate in four years while, the amount owed on houses just had its biggest monthly rise in 13 years
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
79
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
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
13
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
What are we supposed to invest in now that interest rates have disappeared?
Kiwibank June year profit hit as COVID-19 related loan impairments ramp up, expenses rise and income falls
1st Sep 20, 9:54am
19
Kiwibank June year profit hit as COVID-19 related loan impairments ramp up, expenses rise and income falls
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
45
Reserve Bank statistics show New Zealanders increased the amount in their bank accounts by another $1.2 billion last month and the annual rate of saving is now at its highest level in nearly three years; business lending, however, has dried up
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
26th Aug 20, 9:49am
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
25th Aug 20, 2:48pm
88
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
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
28
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
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
17
ASB's June year profit drops 25% as COVID-19 related loan provisioning ramps up, income falls and expenses rise
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
12
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
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
14
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
MBIE's Integrity and Enforcement Team probes alleged links between convicted British tax fraudster and NZ financial services companies
28th Jul 20, 8:38am
3
MBIE's Integrity and Enforcement Team probes alleged links between convicted British tax fraudster and NZ financial services companies
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
145
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
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
2
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
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
56
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
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
52
Bank of China New Zealand Chairman Chris Tremain says despite capital constraints, the bank is well placed to compete in the residential mortgage market
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
33
New Reserve Bank figures show that despite plunging interest rates Kiwis put the most money away in term deposits last month for a year
