Profits under pressure: Dark clouds hanging over banking sector
December's quarter was a record but challenges are on the horizon.
December's quarter was a record but challenges are on the horizon.
Omicron-related nervousness likely to remain a drag on spending for some time.
New reports from ASB and ANZ economists point to much tougher year ahead for economy.
The economy rebounded out of the Delta lock down but the data didn't beat expectations.
Strong mortgage lending and a write-back in impairments were the main drivers.
Oil shock: Prices surged again today meaning consumers face more price pain at the pump.
Higher inflation caused by conflict in Ukraine could mean a faster rise in interest rates.
The Reserve Bank will lift the OCR on Wednesday - but by how much?
Economists say the housing boom is over and expect prices to keep falling across 2022.
OPINION: The tightest labour market in decades is a double-edged sword for the economy.
ASB CEO urges people to keep up their savings habit.
The outlook couldn't be more complex but here's where economists are looking for clues.
Vittoria Shortt expects 2022 will be another bumpy ride.
As Omicron concerns mount, today's GDP data provides some comforting economic reassurance
Third quarter GDP will show a big fall, reflecting the nationwide lock down
Will banks' customers need to be vaccinated to visit a branch?
ASB will lift its variable mortgage rates in reaction to the OCR increase.
Markets will look to RBNZ governor Adrian Orr for clues on how high rates might head.
NZ's economy faces a "perfect storm" of global and local forces driving up prices.
Economists say there are signs this lockdown rebound won't match last year's strong surge.
Borrowers are going to have to divert more money towards paying their mortgages.
While changes mean more freedom for families they offer no fresh hope for business - yet.
Inflation pressure looks set to dominate the RBNZ's thinking despite the Auckland lockdown
Around 150,000 customers could be involved in the court case.
The latest ASB Regional Economic Scoreboard shows significant movement pre-lockdown.
Markets are betting that rates aren't on hold for long - we should hope they are right.
Lockdown costs look bad, but past experience shows we need to factor in the rebound.
Next week's official cash rate decision could see first rise in seven years.
ASB has released its full year result to June 30.
Hiking more aggressively next week could head off inflation risk and cool housing.