RBNZ may apply income rule to rental investors 13 November 2014 4:58PM The Reserve Bank of New Zealand has signalled it is reconsidering plans to require banks to hold more capital against loans to rental property investors with more than five properties. read more
RBNZ defends 'no deposit insurance' stance 13 November 2014 4:58PM A deposit guarantee scheme would not work in New Zealand's highly concentrated banking system and the central bank would continue to advise the government against deposit insurance, said Reserve Bank.. read more
RBNZ to tighten payment regulation 12 November 2014 4:59PM The Reserve Bank of New Zealand has announced plans to toughen its currently light-touch regulation of large and systemically important payment systems to ensure they are efficient and prepared for a.. read more
Investment loans make up almost one-third of NZ mortgages 12 November 2014 4:57PM New Reserve Bank of New Zealand figures showed residential rental property investors were responsible for NZ$1.2 billion, or 29 per cent, of all new mortgage lending in September. read more
Westpac NZ profit flat in second half 04 November 2014 4:56PM Westpac New Zealand's cash profit was flat in the second half of the financial year as higher bad debt charges offset extra net income from faster lending growth than its peers. read more
RBNZ delays rental property mortgage change 04 November 2014 4:54PM After opposition from banks, the Reserve Bank of New Zealand has delayed imposing a macro-prudential tools designed to reduce the risks to the financial system from rental property mortgages. read more
ANZ's New Zealand profit honey pot is empty 03 November 2014 4:51PM ANZ New Zealand's fast profit growth of the past two years slowed in the last six months, as bad debt provisions normalised and cost savings from its 2012 merger with its National brand and branches w.. read more
BNZ mulls a return to mortgage brokers 31 October 2014 4:51PM National Australia Bank's Bank of New Zealand is looking at a return to mortgage brokers after more than a decade of being the only major bank not using them. read more
Trans Tasman talks on bank guarantees 30 October 2014 4:31PM New Zealand is working with Australia through the Trans-Tasman Council on Banking Supervision to resolve the issue of banks operating under two different deposit guarantee regimes. read more
ANZ's NZ strikers target Australian customers 29 October 2014 4:08PM FIRST Union members employed by ANZ took further strike action on Tuesday, including an evening strike by ANZ Direct workers who process calls from Australian ANZ customers. read more