Inflation fall puts October rate cut on the cards - ASB
As the inflation rate drops close to the target range, calls for early cuts are growing.
AdvertisementAdvertise with NZME.
Latest fromANZ Banking Group
Liam Dann: Are we winning the inflation battle? Verdict due this week with CPI data out
Consumer Price Index data should confirm whether November rate cut hopes are on the mark.
Thousands sign up for Jobseeker benefit; data points to more job losses
Over 2000 more people went on the Jobseeker benefit in May.
Paula Ryan manufacturer and outlet store in liquidation with $1m owing
The company, which made the clothes and sold them at NorthWest, has gone under.
'Significant falls' in interest rates may lie ahead – ANZ
ANZ has downgraded its expectations for house price growth this year.
Liam Dann: Recession or not, economic downturn will get worse before it gets better
Key parts of the economy are crashing while population growth flatters the headlines.
Is NZ still in recession? Economic growth data revealed this week
Did the economy grow or shrink in the March quarter? And does it really matter?
ANZ predicts interest rate cuts from February next year
Previously hawkish economists now see first OCR cut occurring in February, not May.
OCR cuts sooner than expected? Business confidence slumps in May – why that's good news
'There’s still a long way to go, but any step in the right direction is welcome.'
Fonterra 2024/25 milk price heading well north of $8/kgMS
Prices for a key ingredient of chocolate and icecream rose in a strong auction showing.
‘Money mule’ stole $23,000 from woman’s account - heads to casino
Mackara Patrick Chourb told police he didn't realise he'd taken so much money out.
ANZ, BNZ bosses in no hurry to follow Reserve Bank’s advice on insurability of property
The Reserve Bank believes more risk-based pricing could improve financial stability.
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
And the food still in demand from financially-strained Kiwis.
'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
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
Less-hawkish tone, property glut part of wider landscape influencing banks.
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
Sale numbers plummet, new listings skyrocket: not a market in recovery at all.
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.
Consumer confidence up but no miracle cure for retail, ANZ says
Confidence rose but many people surveyed were still wary of buying big-ticket items.
‘We got this one totally wrong’ - ANZ responds to RBNZ’s OCR call
The Reserve Bank held firm and kept the OCR on hold at 5.5 per cent.
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
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
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
'This should have happened years ago,' Consumer CEO Jon Duffy says.
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
Data from ANZ and Worldline showed spending was subdued in December but still set records.
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
The bank is one of the first to drop its home loan rates.
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?
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
Economists are reassessing their interest rate outlooks after inflation data surprised.