ComCom banking report due out – how will the Govt respond?
What's already been said and done to improve banking competition.
What's already been said and done to improve banking competition.
Homeowners are the big winners as banks scramble to offer competitive rates.
Some rates have eased in anticipation of the Reserve Bank lowering the official cash rate.
Monopoly Watch director Tex Edwards calls for ComCom to delay its final banking report.
"The evidence is mounting that the inflation dragon is on its last legs."
Three aspects of house prices and interest rates have been revised in new research.
Inflation expectations continue to fall and there is some optimism about the future.
The bank has cut its home loan rates for the second time in three weeks.
Rate relief may take time to filter through to households.
As the inflation rate drops close to the target range, calls for early cuts are growing.
An exodus of Western banks prompts concern that China could fill the vacuum.
Consumer Price Index data should confirm whether November rate cut hopes are on the mark.
Over 2000 more people went on the Jobseeker benefit in May.
Police are hunting Ayom Wek who flew to NZ and faces 34 money-laundering charges.
ANZ Business Outlook shows confidence down but lower price and cost expectations.
ANZ has downgraded its expectations for house price growth this year.
Key parts of the economy are crashing while population growth flatters the headlines.
The complaint centred on the pricing of govt bonds issued in August 2022.
Card spending growth is running below the level of inflation, ANZ reports.
Previously hawkish economists now see first OCR cut occurring in February, not May.
'There’s still a long way to go, but any step in the right direction is welcome.'
Commerce Commission market study gives opponents of capital rules a platform.
Prices for a key ingredient of chocolate and icecream rose in a strong auction showing.
The Reserve Bank believes more risk-based pricing could improve financial stability.
The bank is New Zealand's largest.
ANZ's April Business Outlook survey show firms are feeling more downbeat.
The pair had searched online for 'safe' investment opportunities.
We can't do this alone, banks say in wake of huge scam losses.
Meet the victims who bravely told their stories about being scammed.
'Banks are paying lip service to this at the moment but I don’t see any action.'