
ANZ most aggressive rural rate swaps: ComCom
ANZ Bank New Zealand, the country's biggest lender, was the most aggressive in pitching interest rate swaps to farmers, the Commerce Commission says.
ANZ Bank New Zealand, the country's biggest lender, was the most aggressive in pitching interest rate swaps to farmers, the Commerce Commission says.
BNZ cash earnings have risen 4.5 per cent in the six months ended March 31 to $418 million as growth in housing and business lending, and lower funding costs, drove up net interest income.
ANZ New Zealand boss David Hisco says the country's biggest bank is working closely with rural customers as falling dairy prices begin to bite, but farmers are better placed to deal with the....
ANZ New Zealand has reported a 5 per cent drop in half-year cash profit to $841 million.
The rise of online shopping, discount-obsessed consumers - when it comes to trading challenges listed retailers have their fair share. And there's a new one appearing on the horizon. Through a rule....
KiwiSaver assets have seen "phenomenal growth" in the past three months, increasing by $1.8 billion.
Profits were squeezed in New Zealand's banking sector during the final quarter of last year as non-interest income decreased and impaired asset expenses rose.
ANZ's Truckometer is signalling some slowdown in the pace of growth in the first three months of the year.
The lawyer heading a legal fight against New Zealand's major banks over fees says he won't be throwing in the towel despite a ruling in favour of the ANZ in Australia.
The monetary policy shadow board's advice to Reserve Bank governor Graeme Wheeler is unchanged from six weeks ago - keep the official cash rate on hold at 3.5 per cent, with a cut the next best....
China's decision to lower its annual GDP growth target to around 7 per cent should not have a significant impact on demand for New Zealand commodities, HSBC's chief economist for Australia and New....
Higher dairy prices pushed ANZ's commodity price index up 1.8 per cent last month.
Business confidence has strengthened in ANZ's first survey of the year.
Home loans became more affordable last month, with the typical home buyer saving $30 per week on mortgage repayments compared to December.
New Zealand's banks had a bumper 2014, with home loan demand amid a booming property market helping to boost their combined profit by more than 20 per cent to a record $4.8 billion.
A vibrant 'GAYTM' on Ponsonby Road has been struck by vandals overnight, with the ANZ machine covered in white paint.
Consumer confidence has dipped this month, the ANZ-Roy Morgan survey found, though it remains higher than for most of the post-recession period.
A probe into how three banks marketed interest rate swaps to farmers will see up to $24.2 million go back to rural customers and their communities, with Westpac following ANZ and ASB and settling with the Commerce Commission.
The head of the ANZ Championship accepts that the new conference model will be one of the ongoing discussion points of this year's competition, but is standing by the controversial change in format.
Australia & New Zealand Banking Group says its New Zealand division performed strongly in the final three months of last year as cash profit slipped 0.2 per cent.
Out-of-court settlements may be cheaper, quicker and more certain than seeing a case through - but they can often feel like a cop-out.
ANZ said it expects dairy prices to continue this year's firming trend at tomorrow's GlobalDairyTrade auction.
The economy was still on a roll as it started 2015, ANZ's Truckometer indicator suggests.