Latest fromANZ Banking Group
![ANZ increases cash profit as net interest margins get squeezed](/pf/resources/images/placeholders/placeholder_l.png?d=791)
ANZ increases cash profit as net interest margins get squeezed
The bank is New Zealand's largest.
![Stock Takes: Sky TV chair's million-dollar share buy-up](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Stock Takes: Sky TV chair's million-dollar share buy-up
And the food still in demand from financially-strained Kiwis.
!['Chasing rainbows': Home buyers getting fussy while vendors seek 'Lotto win' sales](/pf/resources/images/placeholders/placeholder_l.png?d=791)
'Chasing rainbows': Home buyers getting fussy while vendors seek 'Lotto win' sales
'I think the market's bottomed out and it is consolidating now.'
![More than a dozen Kiwi roles face chop as ANZ moves work overseas](/pf/resources/images/placeholders/placeholder_l.png?d=791)
More than a dozen Kiwi roles face chop as ANZ moves work overseas
It comes as ANZ and other big three banks were labelled anti-competitive by watchdog.
![BNZ cuts some home loan rates after rivals make moves](/pf/resources/images/placeholders/placeholder_l.png?d=791)
BNZ cuts some home loan rates after rivals make moves
Less-hawkish tone, property glut part of wider landscape influencing banks.
![ANZ's Commodities Index gained 3.5 per cent in February](/pf/resources/images/placeholders/placeholder_l.png?d=791)
ANZ's Commodities Index gained 3.5 per cent in February
The twin canal crises are impacting smaller Kiwi exporters especially.
![Houses for sale flood Auckland market, hit 11-year peak](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Houses for sale flood Auckland market, hit 11-year peak
Sale numbers plummet, new listings skyrocket: not a market in recovery at all.
![Sister has brother evicted from Taupō home to enable sale](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Sister has brother evicted from Taupō home to enable sale
Sibling had taken out an ANZ mortgage over the parents' home to invest in a business.
![Exclusive: Sir John Key on leaving ANZ, a new life and Hawaii house with Bronagh - and interest rates](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Exclusive: Sir John Key on leaving ANZ, a new life and Hawaii house with Bronagh - and interest rates
'I said [to Bronagh]: Just be careful when you get to know me... you may not like me!'
![Sir John Key to step down as ANZ NZ chair, leave ANZ Group board](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Sir John Key to step down as ANZ NZ chair, leave ANZ Group board
Key became chair of ANZ NZ in 2018 after joining the board a year earlier.
![To hike or not to hike - economists divided on RBNZ's big rate call](/pf/resources/images/placeholders/placeholder_l.png?d=791)
To hike or not to hike - economists divided on RBNZ's big rate call
ANZ is expecting the official cash rate to be raised from 5.5 per cent next week.
!['A simple step that will stamp out bank scams’ gets a step closer. Maybe](/pf/resources/images/placeholders/placeholder_l.png?d=791)
'A simple step that will stamp out bank scams’ gets a step closer. Maybe
'This should have happened years ago,' Consumer CEO Jon Duffy says.
![To save or invest: Warning as bank term deposits hit $213b](/pf/resources/images/placeholders/placeholder_l.png?d=791)
To save or invest: Warning as bank term deposits hit $213b
ANZ banking exec reveals what's really happening in people's accounts.
![Vaping, swimming pools, live gigs: 2023 sets consumer spending records](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Vaping, swimming pools, live gigs: 2023 sets consumer spending records
Data from ANZ and Worldline showed spending was subdued in December but still set records.
![Consumer confidence increases, but 'willingness to spend' remains low](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Consumer confidence increases, but 'willingness to spend' remains low
A new ANZ survey is pointing to improving sentiment among consumers.
![ANZ cuts mortgage and deposit rates, ASB picks OCR cut by August](/pf/resources/images/placeholders/placeholder_l.png?d=791)
ANZ cuts mortgage and deposit rates, ASB picks OCR cut by August
The bank is one of the first to drop its home loan rates.
![Retailers gear up for last-minute Christmas rush](/pf/resources/images/placeholders/placeholder_l.png?d=791)
Retailers gear up for last-minute Christmas rush
But consumers remain under pressure from the higher cost of living.
![OCR announcement: Will the Reserve Bank change its interest rate plans?](/pf/resources/images/placeholders/placeholder_l.png?d=791)
OCR announcement: Will the Reserve Bank change its interest rate plans?
With a last hike for the year looking unlikely, what does the bank expect for 2024?
![NZ 'winning the war on inflation', no more rate hikes needed, Kiwibank says](/pf/resources/images/placeholders/placeholder_l.png?d=791)
NZ 'winning the war on inflation', no more rate hikes needed, Kiwibank says
Economists are reassessing their interest rate outlooks after inflation data surprised.
![The Warehouse and union in mediation, broader retail crime a concern](/pf/resources/images/placeholders/placeholder_l.png?d=791)
The Warehouse and union in mediation, broader retail crime a concern
Strike at Warehouse sparks talks, union also juggles bank tensions, retail crime worries.