NZ lending growth flat

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

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

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

Thorburn's BNZ revamp shows the way for NAB

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

RBNZ expects bounce in high LVR loans

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

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

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

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