
House price drop coincides with crippling mortgage rates
Anne Gibson analyses latest house price data, mortgage rates and Fletcher downgrade.
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?
Hybrid working has become more of a permanent shift for some businesses.
The bank is keeping a close eye on rising interest rates and unemployment.
Consumers' desire for normality and strong property market boosted the bank.
Top bank CEO admits: "I've never lent a dollar in my life."
"We are well and truly in an environment of slower growth," says ASB's Nathaniel Keall.
Affected customers are urged to contact the bank if fees have been unfairly charged.
The Kiwi has headed up the Australian bank for seven years.
OPINION: 'NZ is perhaps the only market that is so dominated by overseas-owned banks.'
Kiwibank and Westpac have also announced plans for green business loans.
Fees one of the first barriers families face in deciding if they can register their child.
BNZ sees an 'orderly correction' with unemployment remaining low and business solid.
Cheesed off at food prices? Fear not, economist says, there's reason to be upbeat.
New Zealand's appetite for sustainable finance is accelerating.
ANZ New Zealand is raising $250m to meet more stringent Reserve Bank requirements.
But you must have your mortgage with the bank.
The latest ANZ Business Outlook survey shows labour shortages are still the top concern.
The bank has put the changes down to a significant rise in wholesale rates.
Empty floors in three key office towers make up 45 per cent of CBD vacancies.
New data from REINZ shows house prices sank further in May.
The Financial Markets Authority says ruling sends message of responsibility to industry.
The ANZ Commodity Index shows export prices rose in currency-adjusted terms.
The ANZ Business Outlook survey shows inflation may be peaking but pressure still intense.
The S&P/NZX 50 Index slipped from a strong morning of trading.
New data shows retail had a slow start to year. It will only get tougher, economists say.