Latest fromASB Bank Limited

Home loan wars: Major bank cuts rates again
ASB is making changes to some of its longer-term fixed mortgage rates.

Diana Clement: Why young digital natives are more vulnerable to online scams
Gen Zs are often twice as likely to experience digital security incidents.

Fast-tracking granted for 4000-home Sunfield plans at Ardmore
'Construction prices are still to adjust to the current property cycle and remain high.'

‘I make some money out of it’: Interview with a $2m money launderer
A scam victim who lost $1m says: “I’ve failed as a husband to protect my wife".

‘Anxious as s***’: Businessman guilty of money laundering linked to $2m scam
The victims thought they were investing in high interest bonds but lost nearly $1m each.

Construction sector likely to pick up, but not immediately
The construction sector had a tough end to 2024, so when might things improve?

‘I’ve lost so much’: ANZ under fire for blocking $1m fraud investigation
Consumer NZ says the victim is powerless and something needs to change.

‘Not competitive’: Calls for banks to lower high interest margins
The Squirrel boss is calling the Aussie-owned banks 'an oligopoly'.

Mortgage wars: ASB, Westpac cut home loan rates
ASB and Westpac cut two-year rates to just below 5%.

Listen: ‘Appalling on all levels’ – Experts slam ANZ for failing to prevent $250k scam
The victim says ANZ's failures directly contributed to her loss.

ASB warns long-term mortgage rate cuts unlikely amid market shifts
Bank's economists expect slight easing in fixed rates up to one year.

Politicians to grill bank bosses again; ASB CEO happy to ‘get the facts on the table’
ASB's half year profit rises by 2% to $763m.

ASB drops some mortgage rates
Big bank says competition on interest rates is fierce.

Trump trade wars: What impact tariffs will have on Kiwi businesses
New Zealand will feel the indirect impact of America's policy on world trade, experts say.

'Totally dropped the ball': ANZ staff helped scam victim send $250k to known 'money mule'
The victim is shocked to learn the bank was on notice about the suspect account.

'It's not going to work, mate': Seymour wants bank capital rules reversed
The Associate Finance Minister has revived a years-long debate about banking regulation.

‘He scammed me too’: CEO denies laundering $1.53m, says he was also duped
'I stand to be incarcerated. Who will look after my boys?'

‘Sales declined significantly’: Barfoot & Thompson on December residential trade
'Given challenges, Auckland housing market came through the year in good shape.'

‘We didn’t have any food in the house’: NZ's highest paid female exec on childhood trials
ASB chief Vittoria Shortt talks to Liam Dann about her banking journey.

ASB cuts fixed mortgage rates, term deposits
ASB has cut lending interest rates by between 10 and 20 basis points.

NZ Herald Live: Christopher Luxon and Nicola Willis speak on OCR news
Christopher Luxon and Nicola Willis speak to media on the OCR news