Latest from ASB Bank Limited

House prices in 'full retreat' as FOMO gives way to fear of overpaying

New REINZ data shows the housing market cooling faster than expected, economists say.

Third bank increases mortgage rates after cash rate rise

The Reserve Bank increased the OCR from 1 per cent to 1.5 per cent yesterday.

Profits under pressure: Dark clouds hanging over banking sector

December's quarter was a record but challenges are on the horizon.

Retail spending dips in March as petrol prices bite

Omicron-related nervousness likely to remain a drag on spending for some time.

Inflation likely to add $150 a week to living costs - ASB

New reports from ASB and ANZ economists point to much tougher year ahead for economy.

Liam Dann: GDP underwhelms, points to tougher year ahead

The economy rebounded out of the Delta lock down but the data didn't beat expectations.

Record profit: NZ banks made more than $6 billion in 2021

Strong mortgage lending and a write-back in impairments were the main drivers.

Liam Dann: Price rises just beginning as heat goes on Govt

Oil shock: Prices surged again today meaning consumers face more price pain at the pump.

Liam Dann: What GDP data really tells us about the economy

As Omicron concerns mount, today's GDP data provides some comforting economic reassurance

GDP Preview - How much damage did Delta do to the economy?

Third quarter GDP will show a big fall, reflecting the nationwide lock down

ANZ wants branch workers to be vaccinated or take rapid antigen test

Will banks' customers need to be vaccinated to visit a branch?

Major banks increase floating home loan rates

ASB will lift its variable mortgage rates in reaction to the OCR increase.

RBNZ to lift interest rate this week, but by how much?

Markets will look to RBNZ governor Adrian Orr for clues on how high rates might head.

Investor confidence defies gloom - hits 5 year high

Investors have shrugged off inflation woes and are feeling confident as the world reopens.

Savings gap: 40pc of Kiwis have less than $1000 in the bank

Auckland spending plummets 22 per cent in September as lockdown rolls on.

Inflation shock: Data to show prices rising at fastest in a decade

NZ's economy faces a "perfect storm" of global and local forces driving up prices.