![Major banks increase floating home loan rates](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Major banks increase floating home loan rates
ASB will lift its variable mortgage rates in reaction to the OCR increase.
ASB will lift its variable mortgage rates in reaction to the OCR increase.
"One borrower reluctant to get vaxxed has had financing withdrawn" - surveyed broker
Banks have virtually shut up shop for low deposit lending on existing properties.
ANZ, BNZ and Kiwibank have also introduced restrictions on low deposit lending.
Two-year inflation expectations were seen rising to 2.96 per cent from 2.27 per cent.
Reserve Bank is expected to lift the cash rate again next week.
Catherine McGrath will draw on her experience of banking with Covid in the UK.
How local consumers behave with Delta at large is a big variable in our economic future.
Westpac NZ's result for the September year was up 56 per cent.
Banks are still waiting for clarity around vaccine passports.
ANZ bank has released its full year financial result.
Huggins started in the top job this month.
Bank of New Zealand CEO Dan Huggins talks his return to NZ and taking on the role amid the Covid-19 pandemic. Video / NZ Herald
In fifteen minutes more than 200 customers were double-charged for purchases.
"That's their way of living. Where do these people go?"
"Our rangatahi are our future" - Simon Power, Westpac.
The leave will need to be used within a year and cannot be accrued or paid out.
Addressing educational standards should be an urgent priority for New Zealand.
Borrowers are going to have to divert more money towards paying their mortgages.
Around 150,000 customers could be involved in the court case.
Changing a strategy doesn't make it a failure, writes Liam Dann.
Financial Times: Central banks are no longer ensuring money is available at low rates.
Opinion: Our top companies are still largely governed by Pākehā men.
Catherine McGrath will take the position vacated by David McLean.
Tighter loan to value ratio restrictions will come into force from November.
Regulator warns insurance holders to review their use.
Rise in mortgage lending has fuelled strong bank profits.
The bank has been under a cyber attack for over a week.