Savers
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
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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
Governor Adrian Orr tells interest.co.nz the RBNZ's capital increases should make the banking sector more competitive
6th Dec 19, 11:01am
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Governor Adrian Orr tells interest.co.nz the RBNZ's capital increases should make the banking sector more competitive
Federated Farmers is urging the banks to absorb as much as possible of the additional costs of the new bank capital requirements 'rather than dump it all on customers, and especially on under-pressure farmers'
5th Dec 19, 3:23pm
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Federated Farmers is urging the banks to absorb as much as possible of the additional costs of the new bank capital requirements 'rather than dump it all on customers, and especially on under-pressure farmers'
ANZ economists now see OCR only going as low as 0.75% following a softening of the RBNZ proposals for bank capital, combined with a more positive domestic outlook and in particular upside to government infrastructure spending
5th Dec 19, 1:22pm
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ANZ economists now see OCR only going as low as 0.75% following a softening of the RBNZ proposals for bank capital, combined with a more positive domestic outlook and in particular upside to government infrastructure spending
Final decisions in RBNZ capital review still require $20b increase for banks but composition of capital is softened and banks get 7 years instead of 5 to adapt
5th Dec 19, 12:00pm
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Final decisions in RBNZ capital review still require $20b increase for banks but composition of capital is softened and banks get 7 years instead of 5 to adapt
Competitors and regulators weigh in on Harmoney founder Neil Roberts' view that there's no viable peer-to-peer lending model in New Zealand under existing laws
27th Sep 19, 5:00am
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Competitors and regulators weigh in on Harmoney founder Neil Roberts' view that there's no viable peer-to-peer lending model in New Zealand under existing laws
Jenée Tibshraeny argues National's proposal to give 'savers' tax relief is an ill-conceived bid for baby boomer votes that'll distort the tax system, stymie growth and prevent interest rates from rising
26th Aug 19, 8:13pm
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Jenée Tibshraeny argues National's proposal to give 'savers' tax relief is an ill-conceived bid for baby boomer votes that'll distort the tax system, stymie growth and prevent interest rates from rising
After reviewing all banks' interest rate changes since the RBNZ's surprise 50 basis points OCR cut, we calculate how much has benefited borrowers, and how much has been retained for savers
18th Aug 19, 6:16am
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After reviewing all banks' interest rate changes since the RBNZ's surprise 50 basis points OCR cut, we calculate how much has benefited borrowers, and how much has been retained for savers
CEO Chris Flood says Heartland Bank's small size relative to competitors and high net interest margin gives him comfort the bank can continue to grow deposits
16th Aug 19, 9:25am
CEO Chris Flood says Heartland Bank's small size relative to competitors and high net interest margin gives him comfort the bank can continue to grow deposits
A less redacted version of ANZ NZ's submission on the RBNZ's proposals to increase bank capital requirements, released to interest.co.nz, includes a surprising admission from the country's biggest bank
13th Aug 19, 11:16am
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A less redacted version of ANZ NZ's submission on the RBNZ's proposals to increase bank capital requirements, released to interest.co.nz, includes a surprising admission from the country's biggest bank
David Chaston looks at the impact of the rate cuts announced by banks so far, and what will be required to pass through all of the RBNZ OCR cut. He sees returns to savers in the crosshairs of bank interest rate strategies
8th Aug 19, 10:52am
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David Chaston looks at the impact of the rate cuts announced by banks so far, and what will be required to pass through all of the RBNZ OCR cut. He sees returns to savers in the crosshairs of bank interest rate strategies
A closer look at the 'regret analysis' and view that low interest rates are the new norm that underpinned the Reserve Bank's decision to cut the OCR to 1%
8th Aug 19, 5:00am
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A closer look at the 'regret analysis' and view that low interest rates are the new norm that underpinned the Reserve Bank's decision to cut the OCR to 1%
Almost five years after peer to peer lending launched in New Zealand, making money remains a challenge for most of the licensed lenders
1st Aug 19, 9:43am
Almost five years after peer to peer lending launched in New Zealand, making money remains a challenge for most of the licensed lenders
Westpac quickly follows BNZ with a 3.79% two year 'special', taking rate competitiveness to a new lower level, even before the Spring season starts. ANZ also follows
23rd Jul 19, 4:31pm
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Westpac quickly follows BNZ with a 3.79% two year 'special', taking rate competitiveness to a new lower level, even before the Spring season starts. ANZ also follows
BNZ drops two-year mortgage interest rate for owner-occupiers to lowest of the major banks, cuts a couple of savings rates
22nd Jul 19, 10:48am
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BNZ drops two-year mortgage interest rate for owner-occupiers to lowest of the major banks, cuts a couple of savings rates
Milford Asset Management portfolio manager Paul Morris says some investors will have been reticent to invest in bonds - but this would have been to their detriment
15th May 19, 3:55pm
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Milford Asset Management portfolio manager Paul Morris says some investors will have been reticent to invest in bonds - but this would have been to their detriment
RBNZ's OCR cut unlikely to have much effect on the housing market due to miserly mortgage rate cuts, but savers with term deposits are facing a kick in the guts
12th May 19, 6:31am
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RBNZ's OCR cut unlikely to have much effect on the housing market due to miserly mortgage rate cuts, but savers with term deposits are facing a kick in the guts
We track the changes banks made to their floating rates after the Reserve Bank cut its official cash rate by 25 basis points
9th May 19, 11:07am
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We track the changes banks made to their floating rates after the Reserve Bank cut its official cash rate by 25 basis points
Credit rating agency Fitch says ANZ NZ, ASB, BNZ and Westpac NZ 'won't need to do anything extraordinary' to meet RBNZ's proposed increased capital requirements
24th Apr 19, 5:00am
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Credit rating agency Fitch says ANZ NZ, ASB, BNZ and Westpac NZ 'won't need to do anything extraordinary' to meet RBNZ's proposed increased capital requirements
While interest rate offers between banks for home loans or term deposits are tightly bunched, that is not the case for savings accounts
25th Feb 19, 10:33am
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While interest rate offers between banks for home loans or term deposits are tightly bunched, that is not the case for savings accounts
Geof Mortlock argues New Zealand needs stronger protection for depositors to counter the Reserve Bank’s 'odd approach' to managing a bank failure
6th Feb 19, 8:30am
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Geof Mortlock argues New Zealand needs stronger protection for depositors to counter the Reserve Bank’s 'odd approach' to managing a bank failure
Geof Mortlock argues the RBNZ's proposals to increase bank capital are poorly thought through and unsupported by analysis
4th Feb 19, 10:39am
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Geof Mortlock argues the RBNZ's proposals to increase bank capital are poorly thought through and unsupported by analysis
Against the backdrop of the RBNZ's review of bank capital requirements, Gareth Vaughan details the nitty-gritty of the RBNZ proposals & what they might mean for bank customers
24th Jan 19, 5:00am
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Against the backdrop of the RBNZ's review of bank capital requirements, Gareth Vaughan details the nitty-gritty of the RBNZ proposals & what they might mean for bank customers
Against the backdrop of the RBNZ's bank capital review, Gareth Vaughan details the advantageous position NZ's Aussie owned banks have over their rivals & how this may change
23rd Jan 19, 5:00am
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Against the backdrop of the RBNZ's bank capital review, Gareth Vaughan details the advantageous position NZ's Aussie owned banks have over their rivals & how this may change
RBNZ proposes significant increase in bank capital requirements that will eat up 70% of the sector's profits over 5 years but only have a 'minor impact' on borrowers
14th Dec 18, 1:26pm
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RBNZ proposes significant increase in bank capital requirements that will eat up 70% of the sector's profits over 5 years but only have a 'minor impact' on borrowers