NZ lending growth flat 01 May 2014 3:39PM New Zealand bank lending growth was flat in March with a drop in business lending partly offsetting further growth in home mortgage lending, Reserve Bank of New Zealand figures show. read more
NAB's BNZ appoints Healy CEO 22 April 2014 3:22PM National Australia Bank's BNZ has appointed Melburnian and former ANZ executive Anthony Healy as chief executive to replace Andrew Thorburn, who is to become chief executive of National Australia Bank.. read more
Contactless card use doubles in NZ 11 April 2014 4:00PM New Zealand's biggest card payments network, Paymark, says contactless card transaction volumes have doubled since August after one of the two largest supermarket chains and three major petrol station.. read more
NZ watchdog probes foreign exchange traders 08 April 2014 3:34PM New Zealand's Commerce Commission is investigating allegations of foreign exchange market manipulation after one market player opted to cooperate to obtain immunity from prosecution. read more
Thorburn's BNZ revamp shows the way for NAB 04 April 2014 5:08PM The appointment of BNZ chief executive Andrew Thorburn to National Australia Bank's top job may have surprised Australian banking analysts, but it was not such a shock for those in New Zealand who hav.. read more
NZ watchdog delays swaps action against ANZ, ASB, Westpac 03 April 2014 4:46PM New Zealand's Commerce Commission has delayed legal action against ANZ, Westpac and Commonwealth Bank's ASB over allegations the banks mis-sold swaps contracts to farmers before the 2008 financial cri.. read more
RBNZ expects bounce in high LVR loans 02 April 2014 5:00PM The Reserve Bank of New Zealand said new low-deposit lending fell by more than it originally expected in the first few months of its 'speed limit', but it expects such lending to rebound slightly in c.. read more
IMF supports RBNZ's LVRs 01 April 2014 4:40PM The International Monetary Fund has expressed support for the Reserve Bank of New Zealand's use of its speed limit on low deposit lending to improve financial stability. read more
RBNZ's lower LVR equals a 50 bps rate rise 28 March 2014 4:48PM The Reserve Bank of New Zealand has estimated its 'speed limit' on low deposit mortgages in October reduced inflation pressures by an amount similar to the impact of a 25 to 50 basis point increase in.. read more
RBNZ eyes new statistics 28 March 2014 4:47PM The Reserve Bank of New Zealand has signalled it wants to collect more data from insurers and non-bank deposit takers as it settles in to its new wider role as the regulator for these two sectors. read more