BOJ rate hike could be both good and bad for households
The Bank of Japan’s decision on Friday to raise its policy interest rate further is expected to affect…
Home loan shake-up as major banks hike long-term rates, trim six-month fixes
ASB has also lowered its six-month home loan rate by 20bps to 4.65%, which it says is “market-leading”.…
Reserve Bank makes it cheaper for banks to meet controversial capital rules – savings expected to be passed onto customers
The changes will enable banks to replace some of the high-cost, high-quality capital they have to hold with…
Reserve Bank Governor Dr Anna Breman finally talks market down, as ANZ the latest to hike mortgage rates
ANZ is hiking its 18-month and two-year mortgage rates by 20 basis points, and its three, four, and…
Are recent mortgage rate increases justified? Banks accused of putting profits ahead of NZ’s economic recovery
The banks’ moves came as swap rates, which influence longer-term mortgage rates, spiked in the fortnight following the…
Russia’s MKB Flags Deepening Loan Losses as Bad Debt Surges Eightfold
One of Russia’s largest “systemically important” banks has disclosed severe financial strains as overdue loans mount across the…
Tyra Banks’ cringe Christmas DJ set at Sydney nightclub goes viral
Her efforts to hype up the crowd appeared to fall flat. One TikTok video, captioned “somebody come collect…
Fisher & Paykel Healthcare drives NZ sharemarket up – Market close
“It’s given back a bit of ground, and that ground that we have given back has been post…
G20 fails to deliver on sovereign debt distress | Debt News
Heads of state from the world’s most powerful countries gathered in Johannesburg, South Africa, over the weekend for…
OCR Preview: Another rate cut coming – but will it be the last?
“We don’t expect the RBNZ to cut further next year (barring a global shock),” said ANZ chief economist…
Jetstar flights to ban use of portable power banks on all flights, Air New Zealand looking into it
“Due to the growing use of portable power banks by travellers and the safety risks of damaged or…
Media Insider: Kiwibank appoints Together as new advertising agency, parts ways with OMD on eve of seismic global merger
Together will work alongside incumbent Kiwibank agencies, Special (brand strategy, creative comms and consumer PR), TRA (strategy, lead…