Westpac trims mortgage rates amid competition from rivals
“This is the third time this month we’ve cut our two-year advertised special home loan rate. “We’re working…
Police investigate death in Whangārei CBD as Bank St remains closed
The Rose St bus terminal is closed. Photo / Denise Piper Other businesses closer to the city centre…
Police investigate death in Whangārei CBD as Bank St remains closed
Other businesses closer to the city centre are opening, business as usual. While Bernina Northland Sewing Centre co-owner…
Treasury advised Nicola Willis to remove the Reserve Bank Governor from the board to improve accountability
“A governor who was ‘mere’ CEO would be exceptional, and internationally this could be seen as a diminished…
ASB cuts fixed term morgtage rates: New 18-month rate of 4.45% puts bank ahead of others
ASB’s 18-month rate comes down to 4.45%, just lower than ANZ, BNZ, and Westpac’s 4.49%. Its two-year rate…
Reserve Bank: Money printing didn’t cause inflation to soar; $11 billion cost to the Crown was offset by benefits
Official Cash Rate (OCR) cuts also boosted the economy – but in a different way. They influenced shorter-term…
BoE to prioritise AI, DLT and quantum computing in tech strategy
The Bank of England (BoE) intends to prioritise AI, DLT, and quantum computing as the three “cross-cutting technologies”…
Reserve Bank rate cut signals economy turning a corner, says Nicola Willis
Interest rates would only just begin flowing into the economy as people began to refix their mortgages, she…
ANZ, ASB and Westpac react to OCR cut: Floating, flexible loan rates down after Reserve Bank decision
ASB has also trimmed interest rates for customers, with executive general manager personal banking Adam Boyd saying there…
SEC’s Atkins considering roundtable on alternatives in 401(k)s, says private markets not ‘systemically important’ – Pensions & Investments
SEC’s Atkins considering roundtable on alternatives in 401(k)s, says private markets not ‘systemically important’ Pensions & InvestmentsPrivate Equity Is…
ASB reaches $135.6m settlement in Banking Class Action, ANZ fights on
“The agreement we’ve come to is a pragmatic way to settle this matter. “We continue to strongly support…
Ex-Reserve Bank Governor Adrian Orr to receive $416k ‘restraint of trade’ leaving payment
“The payment is due in October 2025, conditional on the terms being met. Under s 242 of the…