
Keep cash rate on hold - shadow board
NZIER's monetary policy shadow board believes the Reserve Bank should leave the official cash rate on hold at 3.5 per cent tomorrow but that the next best option would be a cut.
NZIER's monetary policy shadow board believes the Reserve Bank should leave the official cash rate on hold at 3.5 per cent tomorrow but that the next best option would be a cut.
The prospect of further rises in the Reserve Bank's official cash rate has disappeared over the horizon.
ANZ says business will continue as usual today, despite dozens of workers going on strike.
She was the coach behind New Zealand's only transtasman league win. Now she is the coach behind Northern Mystics mentor Debbie Fuller.
Consumers are feeling more cheerful going into the peak Christmas trading period, the ANZ-Roy Morgan consumer confidence survey has found.
A $6 billion drop in dairy farmers' incomes this season is a blow to the wider economy, no question, writes Brian Fallow. But it's not all bad.
Senior New Zealand public servants' and chief executives' total collective pay is at the lowest level in six years.
Australian banks should be forced to hold more capital to minimise their risk of failure and improve competition, the Financial System Inquiry has found.
Middle-aged home buyers face being locked out of the property market because banks are worried they are too old to pay off their mortgage before they retire.
The top financial institutions have held their positions on the Top 30 rankings for financial institutions.
You don't need to walk far in Auckland to see that the face of the city has changed almost beyond recognition in recent decades.
Reserve Bank deputy governor Grant Spencer says the arrival of Asian banking giants is a watershed event that will boost competition and keep the dominant lenders "on their toes".
ANZ New Zealand chief executive David Hisco has enjoyed a solid pay rise, with his total remuneration lifting almost 15 per cent to $4.7 million.
Westpac NZ's record annual cash profit of $864m confirms a bumper year for the big banks. In fact, at $4.1b, that's almost $1000 for every man, woman and child in NZ.
ANZ New Zealand boosted annual earnings 17 per cent as the local unit of Australia & New Zealand Banking Group benefited from home loan lending growth and bedded down savings from the integration of the National Bank brand.
ANZ New Zealand's profit climbed $343 million in the past 12 months to a record $1.71 billion.
Workers at numerous ANZ branches around the country will resume strike action against the bank today at various times, including in nine branches around Auckland.
ANZ Bank union members will be walking off the job tomorrow, after a vote earlier this week to take strike action.
ANZ workers have announced a national strike over new employment agreements being offered to staff.
Almost a quarter of New Zealand executives think top-level managers' pay packets are out of kilter with reality, a survey suggests.
World prices for a basket of New Zealand's export commodities fell 1.3 per cent last month, with dairy products once more leading the decline.
Business confidence continued to slide last month, to its lowest levels since June 2012 in ANZ's Business Outlook survey.
ANZ staff in New Zealand are considering a national strike over the bank's attempts "casualise" its workforce, a union says.
In an effort to lower rates and weaken the currency, Labour is pledging to broaden the RBNZ's policy goal by re-writing its main objective.
Business confidence has dropped for the sixth month in a row in ANZ's Business Outlook survey.
Australia & New Zealand Banking Group says its New Zealand unit grabbed market share of home and commercial lending in the latest quarter as an improving economy stoked credit growth.
ANZ's Truckometer recorded an increase in heavy traffic on roads last month.
Westpac New Zealand says it is gearing up to release a world first banking app that will allow customers to view their account details in 3D.