BNZ cuts mortgage rates to match rivals ahead of OCR announcement
ASB, ANZ and Westpac cut their two-year fixed rates to 4.65%. The five major banks, including Kiwibank, dropped…
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…
ASB, Westpac cut fixed mortgage rate to 4.49%, latest banks to drop after ANZ, BNZ ahead of OCR
The move sees the bank’s fixed one-year rate drop by 26 basis points (bps). Westpac’s fixed six-month rate…
New rules for banks, IRCTC & pensions from Oct 1 | Tap to know more | Inshorts – Inshorts
New rules for banks, IRCTC & pensions from Oct 1 | Tap to know more | Inshorts InshortsIRCTC Ticketing,…
China banks on ‘super golden week’ to boost slowing consumption
Economy Officials expect 2.36bn trips over eight-day break, backed by $46m in subsidies Tourists climb a dune at…
Special investigation: What tourist levies are really being spent on
It could be a billboard shot promoting New Zealand’s adventure capital, were it not for the green tinge…
NZ sharemarket edges higher despite KMD loss, new RBNZ Governor – Market close
“There’s not a lot happening. It was a bit of a cautious handover from Wall Street, just off…
Interest rate markets raise odds of big Official Cash Rate cut in October
Before the release, BNZ was the most pessimistic of the banks with its forecast of a 0.5% decline…
Agribusiness executive Hayley Gourley appointed to the Reserve Bank’s Monetary Policy Committee
“Hayley Gourley brings extensive experience across corporate, rural, and financial services sectors to the role,” Willis said. “Her…
Senate confirms Trump adviser to top Fed role, despite central bank’s independence
Senator Lisa Murkowski of Alaska was the only Republican who voted against confirming Miran. The vote was otherwise…
Appeals court allows Federal Reserve governor Lisa Cook to keep her job
The central bank is expected to decide at a meeting tomorrow and Thursday NZT how much to cut…
ANZ agrees to record A$240m fine for widespread misconduct related to bond trading and dealings with retail customers
“Banks must have the trust of customers and government. This outcome shows an unacceptable disregard for that trust…