29th May 20, 5:57pm
The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April
The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April
29th May 20, 3:59pm
A review of things you need to know before you go home on Friday; many rate cuts, confidence bounce, housing debt falls, bank deposits jump, swaps little-changed, NZD firm, & more
A review of things you need to know before you go home on Friday; many rate cuts, confidence bounce, housing debt falls, bank deposits jump, swaps little-changed, NZD firm, & more
29th May 20, 2:30pm
Morgan Stanley analysts crunches some numbers to estimate where loan losses from mortgage deferrals might end up for the big four banks
Morgan Stanley analysts crunches some numbers to estimate where loan losses from mortgage deferrals might end up for the big four banks
[Updated]
29th May 20, 2:20pm
TSB launches a virtual bank, saying the COVID-19 crisis has proven customers can still get personal, human service, but more conveniently via a video call
[Updated]
TSB launches a virtual bank, saying the COVID-19 crisis has proven customers can still get personal, human service, but more conveniently via a video call
29th May 20, 1:42pm
Gareth Vaughan on the Government Response Stringency Index, being in the right business when disaster strikes, Singapore's dark side, NZ made products & turning Japanese
Gareth Vaughan on the Government Response Stringency Index, being in the right business when disaster strikes, Singapore's dark side, NZ made products & turning Japanese
[Updated]
29th May 20, 12:36pm
National's first economic policy under Muller's leadership: A $10k cash payment to businesses for every new full-time hire - payment capped at $100k
[Updated]
National's first economic policy under Muller's leadership: A $10k cash payment to businesses for every new full-time hire - payment capped at $100k
29th May 20, 10:23am
With winter approaching, lockdowns ending, and trade hi-jinks rising, Guy Trafford looks ahead to the coming political games that will consume us all for most of the rest of 2020
With winter approaching, lockdowns ending, and trade hi-jinks rising, Guy Trafford looks ahead to the coming political games that will consume us all for most of the rest of 2020
29th May 20, 10:00am
Finance Minister Grant Robertson has no intention of getting the RBNZ to print money to pay for specific government policies, despite RBNZ Governor Adrian Orr saying this would be 'achievable'
Finance Minister Grant Robertson has no intention of getting the RBNZ to print money to pay for specific government policies, despite RBNZ Governor Adrian Orr saying this would be 'achievable'
29th May 20, 9:01am
Brian Fallow provides a timely reminder that NZ banks are reliant on imported credit, the flip side of NZ households’ collective tendency to spend more than their income
Brian Fallow provides a timely reminder that NZ banks are reliant on imported credit, the flip side of NZ households’ collective tendency to spend more than their income
29th May 20, 7:56am
Equities move higher again as market optimism over an economic recovery grows. Risk-on backdrops sees USD weaken, NZD rise above 0.62. Little move in NZ or global rates over the past 24 hours
Equities move higher again as market optimism over an economic recovery grows. Risk-on backdrops sees USD weaken, NZD rise above 0.62. Little move in NZ or global rates over the past 24 hours
29th May 20, 7:22am
US jobless claims mount higher; US durable goods orders tank; US GDP dives; international trade falls; China launches ever more stimulus; UST 10yr yield at 0.70%; oil firm and gold unchanged; NZ$1 = 62.2 USc; TWI-5 = 67.7
US jobless claims mount higher; US durable goods orders tank; US GDP dives; international trade falls; China launches ever more stimulus; UST 10yr yield at 0.70%; oil firm and gold unchanged; NZ$1 = 62.2 USc; TWI-5 = 67.7
28th May 20, 5:14pm
The Red Bank has trimmed mortgage 'specials' across the board, with none of these sub 80% LVR rates over 3%. But their Standard rates aren't moving at this time
The Red Bank has trimmed mortgage 'specials' across the board, with none of these sub 80% LVR rates over 3%. But their Standard rates aren't moving at this time
28th May 20, 3:59pm
A review of things you need to know before you go home on Thursday; more rate cuts, price-match promise back, confidence grim, job numbers fall, swaps flat, NZD unchanged, & more
A review of things you need to know before you go home on Thursday; more rate cuts, price-match promise back, confidence grim, job numbers fall, swaps flat, NZD unchanged, & more
28th May 20, 3:25pm
Government unveils freshwater reforms; delays controversial decision on nitrogen bottom line; allocates more funding towards the programme than it would've pre-covid
Government unveils freshwater reforms; delays controversial decision on nitrogen bottom line; allocates more funding towards the programme than it would've pre-covid
28th May 20, 2:40pm
Economists at the country's biggest bank say based on their bank's card data, spending has returned to 'normal' - but there's no sign of any catch-up on spending that was 'lost' during lockdown
Economists at the country's biggest bank say based on their bank's card data, spending has returned to 'normal' - but there's no sign of any catch-up on spending that was 'lost' during lockdown
28th May 20, 2:19pm
NZ Govt Bond Tender #726; Tender Date 28 May 2020
NZ Govt Bond Tender #726; Tender Date 28 May 2020
28th May 20, 1:16pm
ANZ Business Outlook for May: 'While the outright disruption is easing, the recession is just getting started'
ANZ Business Outlook for May: 'While the outright disruption is easing, the recession is just getting started'
28th May 20, 12:02pm
RBNZ Deputy Governor Geoff Bascand says deposit rates could drop to zero and some savers might want to put their money to work elsewhere
RBNZ Deputy Governor Geoff Bascand says deposit rates could drop to zero and some savers might want to put their money to work elsewhere
28th May 20, 11:57am
We want to hear from you. We want to publish useful articles and content, so understanding what readers want from us is an important insight. Here is your chance to have your say
We want to hear from you. We want to publish useful articles and content, so understanding what readers want from us is an important insight. Here is your chance to have your say
[Updated]
28th May 20, 11:50am
Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999
[Updated]
Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999
