House price inflation worries RBNZ

The Reserve Bank of New Zealand has held the Official Cash Rate at 2.5 per cent, as expected, and given no guidance on when or in what direction it might next move the OCR. read more

RBNZ considers mortgage LVR limits

The Reserve Bank of New Zealand has signalled it will release a discussion document by late March on new macro-prudential tools that could include increased risk weightings for mortgages or limits on.. read more

BNZ enters KiwiSaver market

NAB's Bank of New Zealand has finally entered the fast-growing KiwiSaver retail funds management business almost six years after it started. read more

Broadlands Finance's credit rating cut

Standard & Poor's has cut the credit rating of Auckland used-car financier Broadlands Finance to CCC- from CCC with a negative outlook, because of a delay in the registration of a prospectus to.. read more

Trans-Tasman tax study disappoints

A joint study by the Australian and New Zealand Productivity Commissions into the mutual recognition of tax imputation credits has dashed hopes Australian bank investors could benefit from a harmoni.. read more

NZ banking divisions strong performers

Full-year profit growth from the New Zealand arms of ANZ, Westpac and NAB was more than triple that of their parents because of higher net interest margins, lower bad debt expenses and solid lending g.. read more