An entire year after the RBNZ began cutting rates the effects of looser policy are only now expected to start showing up in ...

State-owned Kiwibank is the third major to cut mortgage rates this week, but it only matches ANZ and BNZ who went before.

Positive tone for risk sensitive assets continues. MSCI world equity index reaches record high. Implied volatility across ...

ASB Bank reported a flat $1.35 billion cash net profit for the June year, down just 1% on the June 2024 year, and paid its ...

Electronic cards data for July shows that seasonally adjusted retail spending rose for the second consecutive month, with ...

Basically BNZ has matched ANZ for fixed rates of 12, 18 and 24 months. But it has gone lower for its new six month carded ...

A new poll shows even the Government's own supporters have mixed feelings about its economic reforms and efforts to cut ...

Insurance Council urges government to make decision that ensure insurance is accessible, as Associate Finance Minister David ...

In a unanimous decision, the Reserve Bank of Australia's Monetary Policy Board has cut its cash rate by 25 basis points to ...

The fall in term deposit rates has probably picked up steam after ANZ's -15 bps cuts. But at least Kiwibank now offers an ...

New investor to take 65% control of Alliance Group for $250 mln with most of that used to pay down existing debt ...

Big financial windfall for NZ dairy farmers gets closer as Fonterra moves toward the final stages of selling some of its ...