
‘We got this one totally wrong’ - ANZ responds to RBNZ’s OCR call
The Reserve Bank held firm and kept the OCR on hold at 5.5 per cent.
The Reserve Bank held firm and kept the OCR on hold at 5.5 per cent.
'I said [to Bronagh]: Just be careful when you get to know me... you may not like me!'
Key became chair of ANZ NZ in 2018 after joining the board a year earlier.
ANZ is expecting the official cash rate to be raised from 5.5 per cent next week.
'This should have happened years ago,' Consumer CEO Jon Duffy says.
ANZ banking exec reveals what's really happening in people's accounts.
Data from ANZ and Worldline showed spending was subdued in December but still set records.
A new ANZ survey is pointing to improving sentiment among consumers.
The bank is one of the first to drop its home loan rates.
Economists are reassessing their interest rate outlooks after inflation data surprised.
Strike at Warehouse sparks talks, union also juggles bank tensions, retail crime worries.
Strong exports, IT services, manufacturing helped drive growth in second quarter.
After two quarters of contraction, has the economy rebounded - and can it last?
Lower farmgate returns, shock milk price drop and rising costs bite bottom lines.
The chair of NZ's biggest bank reflected on the state of our economy on his 62nd birthday.
More banks have announced changes to their home loan rates.
ANZ Roy Morgan's consumer confidence survey this month was'"markedly up' on May.
KPMG sees banks continuing to make provisions for higher bad debts.
ANZ-Roy Morgan Consumer Confidence Index in May showed Kiwis expect inflation to ease.
Some sectors sacrificed as surging cost of living forces tough choices.
Experts believe interest rate hikes are working.
ANZ's CEO expects mega-profits to decline from here.
ANZ first half rise by 1 per cent to $1.1 billion.
ANZ-Roy Morgan's consumer confidence index is still "extremely low" this month.
'Business was already financially struggling with high overheads and staffing issues.'
Anne Gibson analyses latest house price data, mortgage rates and Fletcher downgrade.
Impact to wider economy marginal, but flooding means more disruption to supply chains.
Not clear if bank's rivals will remain as customers.
The move comes in the wake of last week's official cash rate hike.
Should banks be raking in record profits during a cost of living crisis?