Bank of New Zealand

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23h
New Zealand's National Business Review
Banks' loan books hit fresh high of $228b but margins squeezedInstitutions Performance Survey, come despite bank margins being squeezed by th
Banks' loan books hit fresh high of $228b but margins squeezed
New Zealand's National Business Review / Posted 23 hours ago
Institutions Performance Survey, come despite bank margins being squeezed by the fierce battle for home loans, with just Bank of New Zealand able to maintain its lending margin of 2.21% in the quarter. BNZ had a particularly strong three months.... Read more
1d
New Zealand's National Business Review
NZ dollar little changed as focus remains on upcoming Fed meetingwill have tomorrow night's US Federal Reserve meeting firmly in its sights," Ky
NZ dollar little changed as focus remains on upcoming Fed meeting
New Zealand's National Business Review / Posted yesterday
will have tomorrow night's US Federal Reserve meeting firmly in its sights," Kymberly Martin, senior market strategist at Bank of New Zealand in Wellington, said in a note. "But we would be surprised if the inherently dovish Fed were to cause the... Read more
21 related stories
2d
TheBull
Aussie slips against the $US ahead of dataUS cents, down from 74.88 cents on Friday. "We expect both the RBA and RBNZ (R
Aussie slips against the $US ahead of data
TheBull / Posted 2 days ago
US cents, down from 74.88 cents on Friday. "We expect both the RBA and RBNZ (Reserve Bank of Australia and the Reserve Bank of New Zealand) to cut their policy rates in August," Westpac strategist Imre Speizer said. "The uncertainty generated... Read more
5d
CIO
NAB seeks CTOO following exec shake-up and departure of tech chiefof change while providing greater clarity for our customers and our people.” R
NAB seeks CTOO following exec shake-up and departure of tech chief
CIO / Posted 5 days ago
of change while providing greater clarity for our customers and our people.” Roberts joined the bank in August 2014 from Bank of New Zealand where she was chief risk officer. She had previously held roles with NAB over the course of a 25-year... Read more
12 related stories
5d
Zero Hedge
US Futures Rebound Despite Global Stock Weakness As USDJPY Ramps HIgherfor weekly declines amid speculation central banks in both countries will cut i
US Futures Rebound Despite Global Stock Weakness As USDJPY Ramps HIgher
Zero Hedge / Posted 5 days ago
for weekly declines amid speculation central banks in both countries will cut interest rates from record lows. The Reserve Bank of New Zealand said Thursday further monetary easing is probably needed to boost inflation, while the Reserve Bank of... Read more
3 related stories
5d
Computer World Australia
NAB seeks CTOO following exec shake-up and departure of tech chiefof change while providing greater clarity for our customers and our people.” R
NAB seeks CTOO following exec shake-up and departure of tech chief
Computer World Australia / Posted 5 days ago
of change while providing greater clarity for our customers and our people.” Roberts joined the bank in August 2014 from Bank of New Zealand where she was chief risk officer. She had previously held roles with NAB over the course of a 25-year... Read more
12 related stories
5d
The New Zealand Herald
Brian Gaynor: Rocketing property prices a recipe for rising inequalityyears, it is not surprising that the gap between property and business owners a
Brian Gaynor: Rocketing property prices a recipe for rising inequality
The New Zealand Herald / Posted 5 days ago
years, it is not surprising that the gap between property and business owners and non-owners has widened. The Reserve Bank of New Zealand (RBNZ) has compiled household assets and liabilities since 1998. Its classifications are slightly... Read more
5d
New Zealand's National Business Review
Reserve Bank: Which tools for what job? The battler of Ho Chi Minh City Long litigation abandoned by twice bankrupted property developerof Appeal said was “needlessly delaying” the insolvency is finally wrapping up,
Reserve Bank: Which tools for what job? The battler of Ho Chi Minh City Long litigation abandoned by twice bankrupted property developer
New Zealand's National Business Review / Posted 5 days ago
of Appeal said was “needlessly delaying” the insolvency is finally wrapping up, leaving a multimillion dollar shortfall. Bank of New Zealand took possession of Paul Alexander’s Parnell mansion, near the home of Prime Minister John Key, in 2011... Read more
5d
New Zealand's National Business Review
NZ dollar little changedto be sustained, the bank will need to deliver two more OCR cuts in the not too
NZ dollar little changed
New Zealand's National Business Review / Posted 5 days ago
to be sustained, the bank will need to deliver two more OCR cuts in the not too distant future (given this is now priced)," Bank of New Zealand senior market strategist Kymberly Martin said in a note. "Further downside to the NZ dollar will likely... Read more
32 related stories
6d
Market Watch
European stocks struggle to find footing ahead of ECB decisionabout the toll terrorist attacks are taking on the industry, while investors wa
European stocks struggle to find footing ahead of ECB decision
Market Watch / Posted 6 days ago
about the toll terrorist attacks are taking on the industry, while investors wait to hear from the European Central Bank for the first time since the Brexit vote. Investors will hear from the ECB at 12:45 p.m. London time, or 7:45 a.m.... Read more
6d
Market Watch
Dollar hits 6-week high vs. yen on hopes for Japanese stimulusJapan disappoints investors when its policy setters meet July 28-29,” said Ueda
Dollar hits 6-week high vs. yen on hopes for Japanese stimulus
Market Watch / Posted 6 days ago
Japan disappoints investors when its policy setters meet July 28-29,” said Ueda. Earlier in the Asia session, the Reserve Bank of New Zealand signaled an interest-rate cut next month, saying inflation remains stubbornly low and the currency is too... Read more
6d
New Zealand's National Business Review
All five leading retail banks require 40% deposit from property lendersand continue to "prioritise first home buyers and owner-occupiers as we have in
All five leading retail banks require 40% deposit from property lenders
New Zealand's National Business Review / Posted 6 days ago
and continue to "prioritise first home buyers and owner-occupiers as we have in the past." The statement followed the Bank of New Zealand, ASB Bank, ANZ Bank New Zealand also introducing the restrictions today. Westpac Banking Corp kicked off... Read more
35 related stories
6d
New Zealand's National Business Review
Auckland Council raising $200m in bond offer at higher rate than last issuehas not been immune from that." The offer is reserved for clients of the joint
Auckland Council raising $200m in bond offer at higher rate than last issue
New Zealand's National Business Review / Posted 6 days ago
has not been immune from that." The offer is reserved for clients of the joint lead managers - ANZ Bank New Zealand, Bank of New Zealand and Westpac Banking Corp - along with institutional investors and other approved participants. The actual... Read more
7d
New Zealand's National Business Review
The Icehouse has governance refresh as its reviews long-term targethas both public funding from Callaghan Innovation and NZ Trade & Enterprise and
The Icehouse has governance refresh as its reviews long-term target
New Zealand's National Business Review / Posted 7 days ago
has both public funding from Callaghan Innovation and NZ Trade & Enterprise and a number of private partners - AJ Park, Bank of New Zealand, Deloitte, Spark, Visa, and the University of Auckland Business School. It has worked with more than... Read more
8d
Goondiwindi Argus
Is Herbalife a pyramid scheme? Billionaires at odds over the questionsaid a rather frank Eslake. "Australia isn't a major trading partner for anyon
Is Herbalife a pyramid scheme? Billionaires at odds over the question
Goondiwindi Argus / Posted 8 days ago
said a rather frank Eslake. "Australia isn't a major trading partner for anyone else, except New Zealand. And the Reserve Bank of New Zealand may well choose to match what the RBA does, if market forces don't push the New Zealand dollar down in... Read more
95 related stories
8d
WA Today
Australian shares snap eight-day winning streakper cent and Duet Group 2.8 per cent. As the Reserve Bank of Australia hinted
Australian shares snap eight-day winning streak
WA Today / Posted 8 days ago
per cent and Duet Group 2.8 per cent. As the Reserve Bank of Australia hinted at the possibility of rate cuts, the Reserve Bank of New Zealand toughened its stance on the property market by demanding that investors have a deposit of at least 40 per... Read more
9 related stories
8d
Market Watch
Yen back on the rise, while Aussie, New Zealand dollars tumblelending to take some of the heat out of the country’s housing market and safegu
Yen back on the rise, while Aussie, New Zealand dollars tumble
Market Watch / Posted 8 days ago
lending to take some of the heat out of the country’s housing market and safeguard financial stability. The Reserve Bank of New Zealand said it planned to introduce new restrictions nationally beginning Sept. 1, effectively ending policy... Read more
8d
Reuters
Yen at three-and-a-half-week low, kiwi tumbles after central bank housing proposalsNew Zealand dollar was one of the big movers in early Asian trade, with the kiw
Yen at three-and-a-half-week low, kiwi tumbles after central bank housing proposals
Reuters / Posted 8 days ago
New Zealand dollar was one of the big movers in early Asian trade, with the kiwi falling sharply after the Reserve Bank of New Zealand stepped up efforts to impose fresh curbs on a hot housing market - a move seen as raising the chance of a... Read more
8d
Daily Examiner
Oil and gold both fall as market fears ease0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the cas
Oil and gold both fall as market fears ease
Daily Examiner / Posted 8 days ago
0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the case for an interest rate cut by the Reserve Bank of New Zealand. The performance of services index eased to 56.7 in June, from 56.9 in May. The index remains above 50... Read more
6 related stories
8d
Northern Star
Oil and gold both fall as market fears ease0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the cas
Oil and gold both fall as market fears ease
Northern Star / Posted 8 days ago
0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the case for an interest rate cut by the Reserve Bank of New Zealand. The performance of services index eased to 56.7 in June, from 56.9 in May. The index remains above 50... Read more
6 related stories
8d
The Daily Mercury
Oil and gold both fall as market fears ease0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the cas
Oil and gold both fall as market fears ease
The Daily Mercury / Posted 8 days ago
0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the case for an interest rate cut by the Reserve Bank of New Zealand. The performance of services index eased to 56.7 in June, from 56.9 in May. The index remains above 50... Read more
6 related stories
8d
The North West Star
Is Herbalife a pyramid scheme? Billionaires at odds over the questionsaid a rather frank Eslake. "Australia isn't a major trading partner for anyon
Is Herbalife a pyramid scheme? Billionaires at odds over the question
The North West Star / Posted 8 days ago
said a rather frank Eslake. "Australia isn't a major trading partner for anyone else, except New Zealand. And the Reserve Bank of New Zealand may well choose to match what the RBA does, if market forces don't push the New Zealand dollar down in... Read more
95 related stories
8d
Toowoomba Chronicle
Oil and gold both fall as market fears ease0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the cas
Oil and gold both fall as market fears ease
Toowoomba Chronicle / Posted 8 days ago
0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the case for an interest rate cut by the Reserve Bank of New Zealand. The performance of services index eased to 56.7 in June, from 56.9 in May. The index remains above 50... Read more
6 related stories
8d
Queensland Times
Oil and gold both fall as market fears ease0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the cas
Oil and gold both fall as market fears ease
Queensland Times / Posted 8 days ago
0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the case for an interest rate cut by the Reserve Bank of New Zealand. The performance of services index eased to 56.7 in June, from 56.9 in May. The index remains above 50... Read more
6 related stories
8d
The Morning Bulletin
Oil and gold both fall as market fears ease0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the cas
Oil and gold both fall as market fears ease
The Morning Bulletin / Posted 8 days ago
0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the case for an interest rate cut by the Reserve Bank of New Zealand. The performance of services index eased to 56.7 in June, from 56.9 in May. The index remains above 50... Read more
6 related stories
8d
News Mail
Oil and gold both fall as market fears ease0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the cas
Oil and gold both fall as market fears ease
News Mail / Posted 8 days ago
0.4%, an unchanged pace of growth from Q1. The CPI outcome strengthens the case for an interest rate cut by the Reserve Bank of New Zealand. The performance of services index eased to 56.7 in June, from 56.9 in May. The index remains above 50... Read more
6 related stories
9d
Otago Daily Times
Time capsule likely to keep its secretsenvelope with hand-written words "... Time Capsule ... Otago ... Bridge'' could
Time capsule likely to keep its secrets
Otago Daily Times / Posted 9 days ago
envelope with hand-written words "... Time Capsule ... Otago ... Bridge'' could be seen. The capsule was found near a Bank of New Zealand commemorative plaque and despite the signs provided by the visible contents, inquiries with the Hocken... Read more
9d
The New Zealand Herald
Services sector positive despite slowinglike the PMI [manufacturing index] did, the PSI exhibited resilience in June, w
Services sector positive despite slowing
The New Zealand Herald / Posted 9 days ago
like the PMI [manufacturing index] did, the PSI exhibited resilience in June, with an index reading of 56.7," said Bank of New Zealand senior economist Craig Ebert. "There was also accord in the fact the PSI indicated the fastest rate of... Read more
2 related stories
9d
Canberra Times
Is Herbalife a pyramid scheme? Billionaires at odds over the questionsaid a rather frank Eslake. "Australia isn't a major trading partner for anyon
Is Herbalife a pyramid scheme? Billionaires at odds over the question
Canberra Times / Posted 9 days ago
said a rather frank Eslake. "Australia isn't a major trading partner for anyone else, except New Zealand. And the Reserve Bank of New Zealand may well choose to match what the RBA does, if market forces don't push the New Zealand dollar down in... Read more
95 related stories
9d
The Age
Is Herbalife a pyramid scheme? Billionaires at odds over the questionsaid a rather frank Eslake. "Australia isn't a major trading partner for anyon
Is Herbalife a pyramid scheme? Billionaires at odds over the question
The Age / Posted 9 days ago
said a rather frank Eslake. "Australia isn't a major trading partner for anyone else, except New Zealand. And the Reserve Bank of New Zealand may well choose to match what the RBA does, if market forces don't push the New Zealand dollar down in... Read more
95 related stories
9d
Sydney Morning Herald
Is Herbalife a pyramid scheme? Billionaires at odds over the questionsaid a rather frank Eslake. "Australia isn't a major trading partner for anyon
Is Herbalife a pyramid scheme? Billionaires at odds over the question
Sydney Morning Herald / Posted 9 days ago
said a rather frank Eslake. "Australia isn't a major trading partner for anyone else, except New Zealand. And the Reserve Bank of New Zealand may well choose to match what the RBA does, if market forces don't push the New Zealand dollar down in... Read more
95 related stories
9d
WA Today
Is Herbalife a pyramid scheme? Billionaires at odds over the questionsaid a rather frank Eslake. "Australia isn't a major trading partner for anyon
Is Herbalife a pyramid scheme? Billionaires at odds over the question
WA Today / Posted 9 days ago
said a rather frank Eslake. "Australia isn't a major trading partner for anyone else, except New Zealand. And the Reserve Bank of New Zealand may well choose to match what the RBA does, if market forces don't push the New Zealand dollar down in... Read more
95 related stories
9d
WA Today
ASX ignores Turkey, closes eighth session upZealand pushed the Kiwi dollar down by more than 1 per cent on Monday. The late
ASX ignores Turkey, closes eighth session up
WA Today / Posted 9 days ago
Zealand pushed the Kiwi dollar down by more than 1 per cent on Monday. The latest CPI reading adds pressure on the Reserve Bank of New Zealand to cut its official cash rate to 2 per cent when it meets next month. Statistics New Zealand revealed a... Read more
4 related stories
9d
Canberra Times
ASX ignores Turkey, closes eighth session upZealand pushed the Kiwi dollar down by more than 1 per cent on Monday. The late
ASX ignores Turkey, closes eighth session up
Canberra Times / Posted 9 days ago
Zealand pushed the Kiwi dollar down by more than 1 per cent on Monday. The latest CPI reading adds pressure on the Reserve Bank of New Zealand to cut its official cash rate to 2 per cent when it meets next month. Statistics New Zealand revealed a... Read more
4 related stories
9d
Brisbane Times
ASX ignores Turkey, closes eighth session upZealand pushed the Kiwi dollar down by more than 1 per cent on Monday. The late
ASX ignores Turkey, closes eighth session up
Brisbane Times / Posted 9 days ago
Zealand pushed the Kiwi dollar down by more than 1 per cent on Monday. The latest CPI reading adds pressure on the Reserve Bank of New Zealand to cut its official cash rate to 2 per cent when it meets next month. Statistics New Zealand revealed a... Read more
4 related stories
9d
Brisbane Times
Is Herbalife a pyramid scheme? Billionaires at odds over the questionsaid a rather frank Eslake. "Australia isn't a major trading partner for anyon
Is Herbalife a pyramid scheme? Billionaires at odds over the question
Brisbane Times / Posted 9 days ago
said a rather frank Eslake. "Australia isn't a major trading partner for anyone else, except New Zealand. And the Reserve Bank of New Zealand may well choose to match what the RBA does, if market forces don't push the New Zealand dollar down in... Read more
95 related stories
9d
The Age
ASX ignores Turkey, closes eighth session upZealand pushed the Kiwi dollar down by more than 1 per cent on Monday. The late
ASX ignores Turkey, closes eighth session up
The Age / Posted 9 days ago
Zealand pushed the Kiwi dollar down by more than 1 per cent on Monday. The latest CPI reading adds pressure on the Reserve Bank of New Zealand to cut its official cash rate to 2 per cent when it meets next month. Statistics New Zealand revealed a... Read more
4 related stories
9d
Sydney Morning Herald
ASX ignores Turkey, closes eighth session upZealand pushed the Kiwi dollar down by more than 1 per cent on Monday. The late
ASX ignores Turkey, closes eighth session up
Sydney Morning Herald / Posted 9 days ago
Zealand pushed the Kiwi dollar down by more than 1 per cent on Monday. The latest CPI reading adds pressure on the Reserve Bank of New Zealand to cut its official cash rate to 2 per cent when it meets next month. Statistics New Zealand revealed a... Read more
4 related stories
9d
Perth Now
NZ dollar falls on weak inflation datayet again came in under expectations - for the RBNZ, the market and us," said S
NZ dollar falls on weak inflation data
Perth Now / Posted 9 days ago
yet again came in under expectations - for the RBNZ, the market and us," said Stephen Toplis, head of research at Bank of New Zealand. "At the margin, this will cause the RBNZ more angst and threaten to push inflation expectations ever... Read more
32 related stories
9d
Adelaide Now
NZ dollar falls on weak inflation datayet again came in under expectations - for the RBNZ, the market and us," said S
NZ dollar falls on weak inflation data
Adelaide Now / Posted 9 days ago
yet again came in under expectations - for the RBNZ, the market and us," said Stephen Toplis, head of research at Bank of New Zealand. "At the margin, this will cause the RBNZ more angst and threaten to push inflation expectations ever... Read more
32 related stories
9d
The Courier Mail
NZ dollar falls on weak inflation datayet again came in under expectations - for the RBNZ, the market and us," said S
NZ dollar falls on weak inflation data
The Courier Mail / Posted 9 days ago
yet again came in under expectations - for the RBNZ, the market and us," said Stephen Toplis, head of research at Bank of New Zealand. "At the margin, this will cause the RBNZ more angst and threaten to push inflation expectations ever... Read more
32 related stories
9d
NZCity
NZ dollar falls on weak inflation datayet again came in under expectations - for the RBNZ, the market and us," said S
NZ dollar falls on weak inflation data
NZCity / Posted 9 days ago
yet again came in under expectations - for the RBNZ, the market and us," said Stephen Toplis, head of research at Bank of New Zealand. "At the margin, this will cause the RBNZ more angst and threaten to push inflation expectations ever... Read more
32 related stories
9d
Market Watch
New Zealand consumer prices rise 0.4%to rise 0.6% in the quarter and 0.6% from a year earlier. The New Zealand doll
New Zealand consumer prices rise 0.4%
Market Watch / Posted 9 days ago
to rise 0.6% in the quarter and 0.6% from a year earlier. The New Zealand dollar fell sharply on the data with the Reserve Bank of New Zealand preparing to announce an update on its assessment of the economy on Thursday. Some economists said the... Read more
9d
New Zealand's National Business Review
Smartpay shares soar to 20-month high on tiny volumesNew Zealand's biggest electronic payments firm, Paymark, is in play after its o
Smartpay shares soar to 20-month high on tiny volumes
New Zealand's National Business Review / Posted 9 days ago
New Zealand's biggest electronic payments firm, Paymark, is in play after its owners - ANZ Bank New Zealand, ASB Bank, Bank of New Zealand and Westpac Banking Corp - appointed investment bank Cameron Partners to review the business. Smartpay... Read more
9d
New Zealand's National Business Review
NZ dollar falls as weak inflation data adds to case for rate cut in Augustyet again came in under expectations - for the RBNZ, the market and us," said S
NZ dollar falls as weak inflation data adds to case for rate cut in August
New Zealand's National Business Review / Posted 9 days ago
yet again came in under expectations - for the RBNZ, the market and us," said Stephen Toplis, head of research at Bank of New Zealand. "At the margin, this will cause the RBNZ more angst and threaten to push inflation expectations ever... Read more
43 related stories
9d
dna
Asia shares steady, Softbank said to bid for ARMyear to June. The kiwi slid half a US cent to $0.7086 as the market narrowed t
Asia shares steady, Softbank said to bid for ARM
dna / Posted 9 days ago
year to June. The kiwi slid half a US cent to $0.7086 as the market narrowed the odds on a cut in rates from the Reserve Bank of New Zealand next month. Investors are also wagering on policy easings from the Bank of England and Bank of Japan in... Read more
21 related stories
9d
NZCity
NZ services sector activity slows in Junecontraction from expansion. "Much like the PMI did, the PSI exhibited resilien
NZ services sector activity slows in June
NZCity / Posted 9 days ago
contraction from expansion. "Much like the PMI did, the PSI exhibited resilience in June, with an index reading of 56.7," Bank of New Zealand senior economist Craig Ebert said. "There was also accord in the fact the PSI indicated the fastest rate... Read more
2 related stories
9d
The Age
New Zealand dollar sinks as inflation stays lowcompares with a 0.2 per cent increase in the March quarter, but still fell belo
New Zealand dollar sinks as inflation stays low
The Age / Posted 9 days ago
compares with a 0.2 per cent increase in the March quarter, but still fell below the 0.6 per cent forecast by the Reserve Bank of New Zealand and economists' expectations of 0.5 per cent. After stripping out fuel and house price inflation, prices... Read more
43 related stories
9d
Sydney Morning Herald
New Zealand dollar sinks as inflation stays lowcompares with a 0.2 per cent increase in the March quarter, but still fell belo
New Zealand dollar sinks as inflation stays low
Sydney Morning Herald / Posted 9 days ago
compares with a 0.2 per cent increase in the March quarter, but still fell below the 0.6 per cent forecast by the Reserve Bank of New Zealand and economists' expectations of 0.5 per cent. After stripping out fuel and house price inflation, prices... Read more
43 related stories
9d
Canberra Times
New Zealand dollar sinks as inflation stays lowcompares with a 0.2 per cent increase in the March quarter, but still fell belo
New Zealand dollar sinks as inflation stays low
Canberra Times / Posted 9 days ago
compares with a 0.2 per cent increase in the March quarter, but still fell below the 0.6 per cent forecast by the Reserve Bank of New Zealand and economists' expectations of 0.5 per cent. After stripping out fuel and house price inflation, prices... Read more
43 related stories
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