
The Economy Hub: Govt must move on housing
WATCH: Liam Dann talks to economist Christina Leung and fund manager Matthew Goodson about lending restrictions.
WATCH: Liam Dann talks to economist Christina Leung and fund manager Matthew Goodson about lending restrictions.
All four big banks are now applying new lending restrictions to home loans - six weeks ahead of the Reserve Bank's official September deadline.
COMMENT: If the Government needed another wake-up call it's got one.
A top banker's dire warning about Auckland's house prices shows there is a "complete crisis" in the property market, economist Shamubeel Eaqub says.
The chief executive of New Zealand's largest bank has warned that the property market may face a "messy end".
ANZ faces three separate High Court claims from farmers who bought controversial financial products from the country's largest bank.
New Zealand firms turned optimistic about the state of the economy in the June quarter.
Jetstar employees are facing at least a day with no pay due to a glitch at ANZ.
ASB is the fourth major bank to impose lending restrictions on foreign home buyers.
About 80 per cent of residential subdivisions get some or all of their funding from one of the four main banks, one sector chief says.
ANZ says its KiwiSaver members took our $148m of retirement savings to buy their first home last year.
ANZ's operation in the country is reportedly reducing exposure to struggling industrial sectors and "cherry-picking" higher quality customers.
ANZ New Zealand posted a drop in half-year profit as expenses and bad debts rose, while margins were squeezed amid a fiercely competitive lending market.
New Zealand consumer confidence rose in April as Kiwis remained optimistic about the state of the economy.
New Zealand shares fell, dragged down by dual-listed Australia & New Zealand Banking Group and Westpac Banking Group.
Henri Eliot talks publishing a skills matrix that provides shareholders with the information needed to evaluate a board's skill set mix.
As digital disruption reshapes banking, the local ANZ operation is making space around the top table for tech-savvy talent.
There has been a further senior management reshuffle at Australia & New Zealand Banking Group's local division.
Mortgage rates for Kiwis could go up amid global concern about credit risk.
Savers should be aware of the assumptions used by online calculators that show what could be in their KiwiSaver account by retirement age.
"No payment will be made by ANZ to Mr O'Connor and each party will meet their own legal costs," the bank said in today's statement.
ANZ has had a senior management reshuffle, promoting two New Zealand leaders to his executive committee.
ANZ Bank chief executive Shayne Elliott has vowed to tackle any inappropriate behaviour at the bank following allegations by two former traders of impropriety.
ANZ customers were unable to use their bank cards at Eftpos and Paymark pay machines this afternoon.
Australia is picking up contactless payments, and New Zealand isn't far behind.
Henri Eliot talks to professional directors Mark Verbiest, Tony Carter, Doug McKay and Rob Campbell about their focal points in 2016.
ANZ, Westpac, Kiwibank and BNZ have now cut mortgage rates after the Reserve Bank reduced the OCR to a record low of 2.5 per cent.
Australia & New Zealand Banking Group's chairman has endorsed the Asia-focused strategy set eight years ago by outgoing chief executive Mike Smith, saying the lender should take advantage of what....
Women may be under-represented in senior roles, but when it comes to being seen and heard it can almost seem like they're not there at all, writes ANZ General Manager Human Resources Felicity Evans