ASB
Andrew Laming urges farm businesses to not get frustrated with access to agri credit. Own your own credit risk and use it to your advantage, he says
26th Feb 25, 9:26am
Andrew Laming urges farm businesses to not get frustrated with access to agri credit. Own your own credit risk and use it to your advantage, he says
More mortgage rate cuts by more banks shifts who has the lowest rates, as banks jockey for position in a very competitive marketplace because new loan growth is quite limited
25th Feb 25, 8:42am
40
More mortgage rate cuts by more banks shifts who has the lowest rates, as banks jockey for position in a very competitive marketplace because new loan growth is quite limited
[updated]
ASB matches the new lower ANZ two year mortgage rates, and launches a low one year fixed rate (although not as low as Kiwibank). Now Westpac has cut too
24th Feb 25, 8:46am
35
ASB matches the new lower ANZ two year mortgage rates, and launches a low one year fixed rate (although not as low as Kiwibank). Now Westpac has cut too
People generally optimistic about house price gains but are less confident than they were a year ago - ASB Housing Confidence Survey
24th Feb 25, 5:00am
26
People generally optimistic about house price gains but are less confident than they were a year ago - ASB Housing Confidence Survey
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates at the same time
19th Feb 25, 2:05pm
56
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates at the same time
[updated]
TSB shines with a pre-RBNZ rate drop for fixed home loan rates, with their one year rate at a market leading level not seen since May 2023 from any other bank
18th Feb 25, 8:43am
13
TSB shines with a pre-RBNZ rate drop for fixed home loan rates, with their one year rate at a market leading level not seen since May 2023 from any other bank
Big tech & fintech should be included, along with banks, Visa and Mastercard in Commerce Commission payments regulation, ASB CEO Vittoria Shortt argues
13th Feb 25, 9:42am
Big tech & fintech should be included, along with banks, Visa and Mastercard in Commerce Commission payments regulation, ASB CEO Vittoria Shortt argues
[updated]
ASB's Vittoria Shortt says the Government should be mindful of signals being sent to potential overseas investors via threats to direct bank lending & implement a windfall profit tax
12th Feb 25, 3:37pm
37
ASB's Vittoria Shortt says the Government should be mindful of signals being sent to potential overseas investors via threats to direct bank lending & implement a windfall profit tax
[updated]
ASB posts profit increase despite big bump up in staff numbers as scam war continues
12th Feb 25, 10:27am
14
ASB posts profit increase despite big bump up in staff numbers as scam war continues
ASB cuts its fixed mortgage rates to market lows, and cuts term deposit rates even harder, in moves much larger than wholesale rate changes
12th Feb 25, 8:29am
109
ASB cuts its fixed mortgage rates to market lows, and cuts term deposit rates even harder, in moves much larger than wholesale rate changes
ASB's Aussie parent CBA has capital coming out its ears. So what might it do with it?
10th Feb 25, 9:34am
ASB's Aussie parent CBA has capital coming out its ears. So what might it do with it?
KiwiSaver funds under management ticked over $121 billion in the December 2024 quarter, according to Morningstar
5th Feb 25, 3:26pm
5
KiwiSaver funds under management ticked over $121 billion in the December 2024 quarter, according to Morningstar
Union provides four recommendations to banking inquiry to fight what it calls 'bankflation'
30th Jan 25, 5:00am
8
Union provides four recommendations to banking inquiry to fight what it calls 'bankflation'
[updated]
Statistics NZ's Selected Price Indexes show moderate price pressures over December, indicating few likely nasty surprises in next week's December quarter inflation figures
16th Jan 25, 11:25am
56
Statistics NZ's Selected Price Indexes show moderate price pressures over December, indicating few likely nasty surprises in next week's December quarter inflation figures
Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
15th Jan 25, 9:34am
132
Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
With all mortgages looking like a commodity, little different between institutions, banks are finding it difficult to win new market share. Those that are, are grinding out their advances slowly over many years
3rd Jan 25, 9:00am
8
With all mortgages looking like a commodity, little different between institutions, banks are finding it difficult to win new market share. Those that are, are grinding out their advances slowly over many years
SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete
18th Dec 24, 3:11pm
2
SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete
Commerce and Consumer Affairs Minister Andrew Bayly sees potential for KiwiSaver provider consolidation as new investment rules aim to boost local opportunities
14th Dec 24, 9:10am
7
Commerce and Consumer Affairs Minister Andrew Bayly sees potential for KiwiSaver provider consolidation as new investment rules aim to boost local opportunities
[updated]
Fintechs could be stymied by costly and differing access to open banking application programming interfaces
10th Dec 24, 12:43pm
9
Fintechs could be stymied by costly and differing access to open banking application programming interfaces
Interest.co.nz goes on a search for Commerce Commission Chairman John Small's 'recalcitrant' bank
10th Dec 24, 5:00am
7
Interest.co.nz goes on a search for Commerce Commission Chairman John Small's 'recalcitrant' bank
Commerce Commission Chairman John Small says 'cordial discussion' with CEO of a bank 'recalcitrant' on open banking proved fruitful
4th Dec 24, 10:32am
5
Commerce Commission Chairman John Small says 'cordial discussion' with CEO of a bank 'recalcitrant' on open banking proved fruitful
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
2nd Dec 24, 11:49am
15
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
Big four banks meet deadline for easier customer sharing of account info with fintechs
29th Nov 24, 5:00am
4
Big four banks meet deadline for easier customer sharing of account info with fintechs
[updated]
Co-operative Bank moves first and big, immediately followed by Kiwibank. Co-op cuts -70 bps. Kiwibank also cuts the full -50 bps for savers, but Cooperative Bank tempers some of its cuts to savers
27th Nov 24, 2:13pm
6
Co-operative Bank moves first and big, immediately followed by Kiwibank. Co-op cuts -70 bps. Kiwibank also cuts the full -50 bps for savers, but Cooperative Bank tempers some of its cuts to savers
ASB and Kiwibank lead way in September quarter housing lending growth
27th Nov 24, 7:44am
ASB and Kiwibank lead way in September quarter housing lending growth