Bank of New Zealand

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7h
New Zealand's National Business Review
NZ dollar pushes above 71USc as investors regain confidence after Brexit votefor risk assets, with the market continuing to reverse the losses seen in the i
NZ dollar pushes above 71USc as investors regain confidence after Brexit vote
New Zealand's National Business Review / Posted 7 hours ago
for risk assets, with the market continuing to reverse the losses seen in the immediate aftermath of the shock UK vote," Bank of New Zealand currency strategist Jason Wong says. "A consensus view is emerging that the shock will be isolated to... Read more
1d
Scoop.co.nz
Banks remain stable against Brexit uncertaintyand regulatory changes since the GFC, which resulted in substantial investment
Banks remain stable against Brexit uncertainty
Scoop.co.nz / Posted yesterday
and regulatory changes since the GFC, which resulted in substantial investment and resources by banks, including Reserve Bank of New Zealand’s requirement for banks to hold increased capital to help protect against volatility in international... Read more
1d
Scoop.co.nz
NZ Online Retail Sales - Monthly update for May 2016Be good with money Bank of New Zealand (BNZ) has been a big part of New Zealan
NZ Online Retail Sales - Monthly update for May 2016
Scoop.co.nz / Posted yesterday
Be good with money Bank of New Zealand (BNZ) has been a big part of New Zealand life for over 150 years since its foundation in 1861. The bank employs over 5,000 people and has more than 170 retail stores and 32 Partners business centres across the... Read more
1d
The New Zealand Herald
Brexit could drive online shoppingAir New Zealand, The Warehouse, Mighty Ape and GrabOne, Nielsen found. Gary Ba
Brexit could drive online shopping
The New Zealand Herald / Posted yesterday
Air New Zealand, The Warehouse, Mighty Ape and GrabOne, Nielsen found. Gary Baker, institutional research director at the Bank of New Zealand, said Kiwi purchases from offshore sites turned in double digit-growth and rose 13 per cent... Read more
1d
The New Zealand Herald
Biggest NZ landlord pulls bond offer after BrexitKiwi had already appointed Deutsche Craigs and Westpac via its New Zealand bran
Biggest NZ landlord pulls bond offer after Brexit
The New Zealand Herald / Posted yesterday
Kiwi had already appointed Deutsche Craigs and Westpac via its New Zealand branch as joint lead managers with Bank of New Zealand as co-manager. Investors had already been invited to register their interest but no money was ever... Read more
2d
The New Zealand Herald
Brexit tipped to hit lamb trade, tourismbut probably negative for meat exporters and tourism operators at the margin,"
Brexit tipped to hit lamb trade, tourism
The New Zealand Herald / Posted 2 days ago
but probably negative for meat exporters and tourism operators at the margin," said Stephen Toplis, head of research at Bank of New Zealand. "Commodity prices (are) under pressure, except gold lifting as it's seen as a safe haven." Moody's... Read more
3 related stories
3d
The New Zealand Herald
Sheepmeat, tourism may be hardest hit by Brexitbut probably negative for meat exporters and tourism operators at the margin,"
Sheepmeat, tourism may be hardest hit by Brexit
The New Zealand Herald / Posted 3 days ago
but probably negative for meat exporters and tourism operators at the margin," said Stephen Toplis, head of research at Bank of New Zealand. "Commodity prices (are) under pressure, except gold lifting as it's seen as a safe haven." Moody's... Read more
3 related stories
3d
NZCity
Brexit may hit sheepmeat exports, tourismbut probably negative for meat exporters and tourism operators at the margin,"
Brexit may hit sheepmeat exports, tourism
NZCity / Posted 3 days ago
but probably negative for meat exporters and tourism operators at the margin," said Stephen Toplis, head of research at Bank of New Zealand. "Commodity prices (are) under pressure, except gold lifting as it's seen as a safe haven." The weak... Read more
3 related stories
3d
New Zealand's National Business Review
NZ sheepmeat, tourism may be hardest hit by Brexit as pound weakens, market volatility jumpsbut probably negative for meat exporters and tourism operators at the margin,"
NZ sheepmeat, tourism may be hardest hit by Brexit as pound weakens, market volatility jumps
New Zealand's National Business Review / Posted 3 days ago
but probably negative for meat exporters and tourism operators at the margin," said Stephen Toplis, head of research at Bank of New Zealand. "Commodity prices (are) under pressure, except gold lifting as it's seen as a safe haven." Moody's... Read more
3 related stories
3d
New Zealand's National Business Review
NZ dollar drops to 10-day low as Brexit stokes uncertainty in financial marketsits highest level since February. "It's too early to judge that the worst is o
NZ dollar drops to 10-day low as Brexit stokes uncertainty in financial markets
New Zealand's National Business Review / Posted 3 days ago
its highest level since February. "It's too early to judge that the worst is over – indeed it probably isn't over," Bank of New Zealand currency strategist Jason Wong said in a note. "The political turmoil in the UK that has developed over... Read more
17 related stories
3d
The New Zealand Herald
Kiwi dollar drops as Brexit stokes uncertainty in currency marketsits highest level since February. "It's too early to judge that the worst is o
Kiwi dollar drops as Brexit stokes uncertainty in currency markets
The New Zealand Herald / Posted 3 days ago
its highest level since February. "It's too early to judge that the worst is over - indeed it probably isn't over," Bank of New Zealand currency strategist Jason Wong said in a note. "The political turmoil in the UK that has developed over... Read more
17 related stories
3d
Scoop.co.nz
The Lessons of BrexiKim Campbell linked the housing crisis to immigration.A former director of the
The Lessons of Brexi
Scoop.co.nz / Posted 3 days ago
Kim Campbell linked the housing crisis to immigration.A former director of the NZ Institute of Economic Research and Bank of New Zealand chairperson for 11 years Kerry McDonald said low value immigration was hurting New Zealand.He called for... Read more
6d
New Zealand's National Business Review
NZ dollar jumps above 72USc as UK picked likely to stick with Europeclose within a couple of hours but the market is already trading as if a 'Remai
NZ dollar jumps above 72USc as UK picked likely to stick with Europe
New Zealand's National Business Review / Posted 6 days ago
close within a couple of hours but the market is already trading as if a 'Remain' outcome has already been determined," Bank of New Zealand currency strategist Jason Wong said in a note. "For the NZ dollar there is little technical resistance... Read more
25 related stories
6d
The New Zealand Herald
NZ dollar jumps above 72 USc as UK judged likely to stick with Europeclose within a couple of hours, but the market is already trading as if a 'Rema
NZ dollar jumps above 72 USc as UK judged likely to stick with Europe
The New Zealand Herald / Posted 6 days ago
close within a couple of hours, but the market is already trading as if a 'Remain' outcome has already been determined," Bank of New Zealand currency strategist Jason Wong said in a note. "For the NZD there is little technical resistance ahead, a... Read more
25 related stories
6d
The New Zealand Herald
Curious timing for dual rolesbroadcaster has shown an extraordinary sense of timing. From July 1, TVNZ CEO
Curious timing for dual roles
The New Zealand Herald / Posted 6 days ago
broadcaster has shown an extraordinary sense of timing. From July 1, TVNZ CEO Kevin Kenrick will be a director at the Bank of New Zealand, just when TVNZ needs a strong CEO focusing on the company. The bank appointment occurring during... Read more
6d
Scoop.co.nz
Discussion Paper: Inflation expectations and low inflationThursday, 23 June 2016, 5:22 pmPress Release: The Reserve Bank of New Zealand
Discussion Paper: Inflation expectations and low inflation
Scoop.co.nz / Posted 6 days ago
Thursday, 23 June 2016, 5:22 pmPress Release: The Reserve Bank of New Zealand A new discussion paper by Ozer Karagedikli and John McDermott has been published on the Reserve Bank’s... Read more
8d
New Zealand's National Business Review
TVNZ boss Kevin Kenrick to join BNZ's boardTelevision NZ chief executive Kevin Kenrick has been appointed to the board of
TVNZ boss Kevin Kenrick to join BNZ's board
New Zealand's National Business Review / Posted 8 days ago
Television NZ chief executive Kevin Kenrick has been appointed to the board of Bank of New Zealand. Kenrick will join the board from July 1 as a non-executive director, replacing one of two departing directors, former Fletcher Group executive Susan... Read more
9d
Scoop.co.nz
The Importance of Being Aucklandinflated Auckland house prices are a risk to New Zealand’s financial stability
The Importance of Being Auckland
Scoop.co.nz / Posted 9 days ago
inflated Auckland house prices are a risk to New Zealand’s financial stability and the economy more generally.The Reserve Bank of New Zealand is very focused on preventing threats to the stability of the financial system, as is the Treasury. The... Read more
2 related stories
9d
New Zealand's National Business Review
NZ dollar extends decline against British pound as pundits pick 'Bremain' voterisk-on rally has ensued from the weekend polling showing a decisive shift in s
NZ dollar extends decline against British pound as pundits pick 'Bremain' vote
New Zealand's National Business Review / Posted 9 days ago
risk-on rally has ensued from the weekend polling showing a decisive shift in support for the UK remaining in the EU," Bank of New Zealand currency strategist Jason Wong said in a note. "Commodity currencies have outperformed in this risk-on... Read more
6 related stories
9d
The New Zealand Herald
University of Auckland: What happens when you can't see your money - University of Aucklandnot." However, the cashless society may take longer to arrive in New Zealand.
University of Auckland: What happens when you can't see your money - University of Auckland
The New Zealand Herald / Posted 9 days ago
not." However, the cashless society may take longer to arrive in New Zealand. Not only do banks still exist, the Reserve Bank of New Zealand reported the country's use of cash more than doubled in the decade 2000-2010. As with many disrupted... Read more
9d
CNBC
This city is so overcrowded it’s paying people to leaveto an index by Quotable Value, a government-owned property research company. A
This city is so overcrowded it’s paying people to leave
CNBC / Posted 9 days ago
to an index by Quotable Value, a government-owned property research company. And at its April policy meeting, the Reserve Bank of New Zealand Governor Graeme Wheeler voiced some concern about property prices, particularly in Auckland. "There are... Read more
10d
Scoop.co.nz
BNZ Closed for Good looks for community groups to helpBe good with money Bank of New Zealand (BNZ) has been a big part of New Zealan
BNZ Closed for Good looks for community groups to help
Scoop.co.nz / Posted 10 days ago
Be good with money Bank of New Zealand (BNZ) has been a big part of New Zealand life for over 150 years since its foundation in 1861. The bank employs over 5,000 people and has more than 170 retail stores and 32 Partners business centres across the... Read more
11d
NZCity
Five guilty of $9m mortgage scamin 2013 after investigations started in 2011. The scheme, or "series of scams"
Five guilty of $9m mortgage scam
NZCity / Posted 11 days ago
in 2013 after investigations started in 2011. The scheme, or "series of scams", began to unravel in February 2010 when a Bank of New Zealand investigator advised police about some transactions using false documents, while Westpac Banking Corp had... Read more
7 related stories
12d
Weekly Times
Five guilty of NZ mortgage scamin 2013 after investigations started in 2011. The scheme, or "series of scams"
Five guilty of NZ mortgage scam
Weekly Times / Posted 12 days ago
in 2013 after investigations started in 2011. The scheme, or "series of scams", began to unravel in February 2010 when a Bank of New Zealand investigator advised police about some transactions using false documents, while Westpac Banking Corp had... Read more
7 related stories
13d
The Courier Mail
Five guilty of NZ mortgage scamin 2013 after investigations started in 2011. The scheme, or "series of scams"
Five guilty of NZ mortgage scam
The Courier Mail / Posted 13 days ago
in 2013 after investigations started in 2011. The scheme, or "series of scams", began to unravel in February 2010 when a Bank of New Zealand investigator advised police about some transactions using false documents, while Westpac Banking Corp had... Read more
7 related stories
13d
News.com.au
Five guilty of NZ mortgage scamin 2013 after investigations started in 2011. The scheme, or "series of scams"
Five guilty of NZ mortgage scam
News.com.au / Posted 13 days ago
in 2013 after investigations started in 2011. The scheme, or "series of scams", began to unravel in February 2010 when a Bank of New Zealand investigator advised police about some transactions using false documents, while Westpac Banking Corp had... Read more
7 related stories
13d
New Zealand's National Business Review
Manufacturing firms up in May as production surges, forestry strengthensmanufacturing sector has been expanding since October 2012 and has held above i
Manufacturing firms up in May as production surges, forestry strengthens
New Zealand's National Business Review / Posted 13 days ago
manufacturing sector has been expanding since October 2012 and has held above its long-term average for the past 11 months. Bank of New Zealand senior economist Craig Ebert said the "underlying pulse" in manufacturing was solid, despite yesterday's... Read more
13d
New Zealand's National Business Review
NZ dollar hits three-year low against yena lawmaker was killed in an attack that may be linked with the referendum. "Th
NZ dollar hits three-year low against yen
New Zealand's National Business Review / Posted 13 days ago
a lawmaker was killed in an attack that may be linked with the referendum. "The Japanese yen was the standout performer," Bank of New Zealand senior market strategist Kymberly Martin said in a note. "The Bank of Japan announced no new easing... Read more
24 related stories
13d
The New Zealand Herald
NZ dollar hits 3-year low against yena lawmaker was killed in an attack which may be linked with the referendum. "T
NZ dollar hits 3-year low against yen
The New Zealand Herald / Posted 13 days ago
a lawmaker was killed in an attack which may be linked with the referendum. "The Japanese yen was the standout performer," Bank of New Zealand senior market strategist Kymberly Martin said in a note. "The Bank of Japan announced no new easing... Read more
24 related stories
13d
The China Post
New Zealand posts 'solid' economic growthcut, sending the New Zealand dollar up 0.41 US cents to 70.79 US cents after it
New Zealand posts 'solid' economic growth
The China Post / Posted 13 days ago
cut, sending the New Zealand dollar up 0.41 US cents to 70.79 US cents after it was released. "Looking ahead, the Reserve Bank of New Zealand is expecting GDP growth to accelerate from 2.5 percent last year to around 3.0 percent this year," said... Read more
14d
Namibia Economist
Sibyl faultya first step, central banks clarified their policy goals by setting explicit ta
Sibyl faulty
Namibia Economist / Posted 14 days ago
a first step, central banks clarified their policy goals by setting explicit targets for inflation. The Reserve Bank of New Zealand adopted one in 1990—an innovation many have followed. Next central bankers began revealing more about... Read more
2 related stories
15d
New Zealand's National Business Review
NZ dollar falls as investors shun riskier assets and favour traditional havensthe UK is picking up momentum leading into the June 23 referendum. "Overnight,
NZ dollar falls as investors shun riskier assets and favour traditional havens
New Zealand's National Business Review / Posted 15 days ago
the UK is picking up momentum leading into the June 23 referendum. "Overnight, an environment of risk aversion prevailed," Bank of New Zealand senior market strategist Kymberly Martin said in a note. "The US dollar has benefited from the flight... Read more
24 related stories
15d
The New Zealand Herald
New tax for Sydney foreign buyersduty surcharge for foreign buyers to 7 per cent from 3 percent from July 1, the
New tax for Sydney foreign buyers
The New Zealand Herald / Posted 15 days ago
duty surcharge for foreign buyers to 7 per cent from 3 percent from July 1, the government said in April. The Reserve Bank of New Zealand is considering further regulatory measures to try and dampen Auckland's red hot housing market -... Read more
19 related stories
15d
The New Zealand Herald
Get in early and buy off the planrules and any potential fish-hooks that could arise as a result of a change of
Get in early and buy off the plan
The New Zealand Herald / Posted 15 days ago
rules and any potential fish-hooks that could arise as a result of a change of policies at the lender or by the Reserve Bank of New Zealand. Related ContentMy Holiday: Mal LakataniCartoon: Things you do to get noticedTreasury warns of risk to... Read more
15d
Zero Hedge
Another Real Estate Market Ripe For A Bustrest of us the way I think this plays out is through a weaker currency. Both th
Another Real Estate Market Ripe For A Bust
Zero Hedge / Posted 15 days ago
rest of us the way I think this plays out is through a weaker currency. Both the Reserve Bank of Australia and the Reserve Bank of New Zealand will likely continue to ease or hold rates low in the face of such high debt levels. Letting the domestic... Read more
16d
The New Zealand Herald
Diana Clement: Flash cash spenders could end up losersof nominal disposable income has risen from 83.3 per cent in Q4 1996, to 162.3
Diana Clement: Flash cash spenders could end up losers
The New Zealand Herald / Posted 16 days ago
of nominal disposable income has risen from 83.3 per cent in Q4 1996, to 162.3 per cent in Q4, 2015 according to Reserve Bank of New Zealand (RBNZ) figures. The ANZ says it handles more applications for top-ups than it does for new mortgages... Read more
2 related stories
16d
Market Watch
Why maybe the Fed isn’t to blame for paltry retirement-plan returnsdon’t. “I do pity the poor Fed,” Ghilarducci said. “It’s pushing on a string.”
Why maybe the Fed isn’t to blame for paltry retirement-plan returns
Market Watch / Posted 16 days ago
don’t. “I do pity the poor Fed,” Ghilarducci said. “It’s pushing on a string.” Don Brash, former governor of the Reserve Bank of New Zealand, agreed that more spending on things like infrastructure, with the goal of stimulating productivity,... Read more
16d
The New Zealand Herald
Flash cash spenders could end up losersof nominal disposable income has risen from 83.3 per cent in Q4 1996, to 162.3
Flash cash spenders could end up losers
The New Zealand Herald / Posted 16 days ago
of nominal disposable income has risen from 83.3 per cent in Q4 1996, to 162.3 per cent in Q4, 2015 according to Reserve Bank of New Zealand (RBNZ) figures. The ANZ says it handles more applications for top-ups than it does for new mortgages... Read more
2 related stories
16d
Otago Daily Times
Fed's meeting will be watched closelypressure, the NZD/GBP has the 0.50 level firmly in its sights. The cross last t
Fed's meeting will be watched closely
Otago Daily Times / Posted 16 days ago
pressure, the NZD/GBP has the 0.50 level firmly in its sights. The cross last traded above this level in April last year,'' Bank of New Zealand senior market strategist Kymberly Martin said in a note. "The fate of this cross remains in the hands of... Read more
16d
The New Zealand Herald
John Key potentially backs debt-income restrictionstools it can use to curb mortgage lending. The MoU would have to be amended bef
John Key potentially backs debt-income restrictions
The New Zealand Herald / Posted 16 days ago
tools it can use to curb mortgage lending. The MoU would have to be amended before an income cap could be introduced. Bank of New Zealand on Friday joined ANZ Bank New Zealand and Westpac's local unit in restricting mortgage lending for... Read more
6 related stories
16d
New Zealand's National Business Review
ASB last major lender to impose restrictions on overseas property buyerswho aren't New Zealand citizens or permanent residency will only be accepted if
ASB last major lender to impose restrictions on overseas property buyers
New Zealand's National Business Review / Posted 16 days ago
who aren't New Zealand citizens or permanent residency will only be accepted if overseas income is excluded. On Friday, Bank of New Zealand joined ANZ Bank New Zealand and Westpac Banking Corp's local unit in restricting mortgage lending for... Read more
17d
New Zealand's National Business Review
NZ Dollar Outlook: Kiwi may be volatile with slew of data, rate decisions, Brexit uncertaintyof mind for investors and until that is out of our of the way, market condition
NZ Dollar Outlook: Kiwi may be volatile with slew of data, rate decisions, Brexit uncertainty
New Zealand's National Business Review / Posted 17 days ago
of mind for investors and until that is out of our of the way, market conditions will be fairly choppy and illiquid," Bank of New Zealand currency strategist Jason Wong said in a note. "The polls suggest a close outcome and momentum on... Read more
17d
The New Zealand Herald
John Key potentially backs debt-income restrictionstools it can use to curb mortgage lending. The MoU would have to be amended bef
John Key potentially backs debt-income restrictions
The New Zealand Herald / Posted 17 days ago
tools it can use to curb mortgage lending. The MoU would have to be amended before an income cap could be introduced. Bank of New Zealand on Friday joined ANZ Bank New Zealand and Westpac's local unit in restricting mortgage lending for... Read more
6 related stories
17d
New Zealand's National Business Review
Dollar hits 13-month high against British poundthe NZD/GBP has the 0.5000 level firmly in its sights - the cross last traded a
Dollar hits 13-month high against British pound
New Zealand's National Business Review / Posted 17 days ago
the NZD/GBP has the 0.5000 level firmly in its sights - the cross last traded above this level in April last year," Bank of New Zealand senior market strategist Kymberly Martin says. "The fate of this cross remains in the hands of the UK... Read more
6 related stories
17d
WA Today
Australian banks face more loan curbs in New ZealandRegulation Authority (APRA) may require more tightening of bank lending to dome
Australian banks face more loan curbs in New Zealand
WA Today / Posted 17 days ago
Regulation Authority (APRA) may require more tightening of bank lending to domestic property investors. The Reserve Bank of New Zealand fears a housing boom will threaten financial stability. Photo: James Davies Economists from HSBC and AMP... Read more
6 related stories
17d
The Age
Australian banks face more loan curbs in New ZealandThe Reserve Bank of New Zealand fears a housing boom will threaten financial st
Australian banks face more loan curbs in New Zealand
The Age / Posted 17 days ago
The Reserve Bank of New Zealand fears a housing boom will threaten financial stability. Photo: James Davies Australian banks face having their wings clipped in New Zealand's $NZ210 billion mortgage market, as the country tries to quell a risky... Read more
6 related stories
17d
Sydney Morning Herald
Australian banks face more loan curbs in New ZealandThe Reserve Bank of New Zealand fears a housing boom will threaten financial st
Australian banks face more loan curbs in New Zealand
Sydney Morning Herald / Posted 17 days ago
The Reserve Bank of New Zealand fears a housing boom will threaten financial stability. Photo: James Davies Australian banks face having their wings clipped in New Zealand's $NZ210 billion mortgage market, as the country tries to quell a risky... Read more
6 related stories
17d
Canberra Times
Australian banks face more loan curbs in New ZealandRegulation Authority (APRA) may require more tightening of bank lending to dome
Australian banks face more loan curbs in New Zealand
Canberra Times / Posted 17 days ago
Regulation Authority (APRA) may require more tightening of bank lending to domestic property investors. The Reserve Bank of New Zealand fears a housing boom will threaten financial stability. Photo: James Davies Economists from HSBC and AMP... Read more
6 related stories
17d
Brisbane Times
Australian banks face more loan curbs in New ZealandRegulation Authority (APRA) may require more tightening of bank lending to dome
Australian banks face more loan curbs in New Zealand
Brisbane Times / Posted 17 days ago
Regulation Authority (APRA) may require more tightening of bank lending to domestic property investors. The Reserve Bank of New Zealand fears a housing boom will threaten financial stability. Photo: James Davies Economists from HSBC and AMP... Read more
6 related stories
19d
NZCity
BNZ joins others in new restrictionsBank of New Zealand has joined ANZ and Westpac in restricting mortgage lending
BNZ joins others in new restrictions
NZCity / Posted 19 days ago
Bank of New Zealand has joined ANZ and Westpac in restricting mortgage lending for foreign property buyers, following similar steps by their Australian parents. The local unit of National Australia Bank will no longer recognise foreign income for... Read more
13 related stories
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