[Updated]
27th Mar 20, 3:33pm
Most banks set-up to receive mortgage repayment deferral applications online; Customers urged not to swarm call centres
[Updated]
Most banks set-up to receive mortgage repayment deferral applications online; Customers urged not to swarm call centres
26th Mar 20, 5:39pm
Mortgage holders may need to wait until next week before banks make 6-month payment holiday available; Grant Robertson 'actively working' on extending scheme to building societies
Mortgage holders may need to wait until next week before banks make 6-month payment holiday available; Grant Robertson 'actively working' on extending scheme to building societies
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
[Updated]
25th Mar 20, 10:38am
Gareth Vaughan looks at the strenuous efforts authorities are making to keep the debt/credit taps on, concluding the banking industry 'normal' may not be the same the other side of COVID-19
[Updated]
Gareth Vaughan looks at the strenuous efforts authorities are making to keep the debt/credit taps on, concluding the banking industry 'normal' may not be the same the other side of COVID-19
[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
18th Mar 20, 9:53am
Heartland Group Holdings says home loan offering well received, sees overall lending growth continuing and is comfortable with its capital, liquidity and deposit reinvestment levels
Heartland Group Holdings says home loan offering well received, sees overall lending growth continuing and is comfortable with its capital, liquidity and deposit reinvestment levels
[Updated]
16th Mar 20, 8:52am
BNZ, Westpac, ANZ, ASB and Kiwibank cut floating mortgage rates to match RBNZ's 75 basis points OCR cut, some savings rates lowered too
[Updated]
BNZ, Westpac, ANZ, ASB and Kiwibank cut floating mortgage rates to match RBNZ's 75 basis points OCR cut, some savings rates lowered too
13th Mar 20, 7:15am
Westpac CEO David McLean details the bank's efforts to combat climate change, saying banks need to make it easier for their customers to take action on climate change
Westpac CEO David McLean details the bank's efforts to combat climate change, saying banks need to make it easier for their customers to take action on climate change
9th Mar 20, 9:27am
Big market opportunity seen for Heartland Group Holdings' push into the residential mortgage market
Big market opportunity seen for Heartland Group Holdings' push into the residential mortgage market
6th Mar 20, 9:39am
Four key profit measures all weakened for New Zealand's big five banks in the December quarter
Four key profit measures all weakened for New Zealand's big five banks in the December quarter
5th Mar 20, 5:08pm
The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates
The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates
5th Mar 20, 7:35am
Heartland launches online home loan offers with aggressive one to three year fixed rates and a floating rate as it tests appetite for digital mortgages
Heartland launches online home loan offers with aggressive one to three year fixed rates and a floating rate as it tests appetite for digital mortgages
[Updated]
21st Feb 20, 11:00am
Surge in expenses and drop in net interest margin push Kiwibank interim profit down 18% with more investment ahead
[Updated]
Surge in expenses and drop in net interest margin push Kiwibank interim profit down 18% with more investment ahead
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
19th Feb 20, 1:16pm
If you don't have a 20% deposit when buying a house, you will be facing some double hurdles. But there are banks who seek out these high-fee situations
If you don't have a 20% deposit when buying a house, you will be facing some double hurdles. But there are banks who seek out these high-fee situations
[Updated]
12th Feb 20, 2:09pm
Reserve Bank is indicating that it has now done with any further interest rate cuts unless the impacts of coronavirus prove more long lasting than it currently anticipates; dollar and swap rates up
[Updated]
Reserve Bank is indicating that it has now done with any further interest rate cuts unless the impacts of coronavirus prove more long lasting than it currently anticipates; dollar and swap rates up
[Updated]
12th Feb 20, 10:20am
ASB interim profit drops 5% from last year's record high after bank books loss on sale of funds administration business Aegis
[Updated]
ASB interim profit drops 5% from last year's record high after bank books loss on sale of funds administration business Aegis
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
27th Jan 20, 6:02am
House prices have risen more than twice as fast as incomes for typical first home buyers over the last 10 years, leaving them struggling to scrape up a deposit in most parts of the country
House prices have risen more than twice as fast as incomes for typical first home buyers over the last 10 years, leaving them struggling to scrape up a deposit in most parts of the country
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
