News

The biggest influence on the ANZ Group Holdings Ltd (ASX: ANZ) share price is usually how much profit it's making and is ...
Kiwibank's chief economist says GDP figures released today show good momentum - but the next report isn't looking as good.
The economy may be 'crawling for a little while longer', while previous house price forecasts have 'proved too optimistic', ...
Since the last Kiwibank Economists Outlook, global growth forecasts have been lowered. The IMF now expects 2.8% growth in 2025 - down from 3.3%. The US - New Zealand’s second largest export market - ...
Another major bank has cut both its home loan and deposit rates in the wake of the Official Cash Rate drop last month.
WELLINGTON, Aug 22 (Reuters) - New Zealand's government said on Monday it had transferred Kiwibank's assets to a new state-owned company, since the lender no longer fit within the long-term plans ...
Kiwibank kept up a healthy growth rate in the March year, the latest update of the Reserve Bank's Bank Financial Strength Dashboard shows. Total assets rose by 10.7% compared with low single-digit ...
New Zealand lender Kiwibank could become the fourth-biggest player in the nation’s home-loan market within five years if it continues to outgrow its rivals, according to Chief Executive Officer ...
Senior Economist, Mary Jo Vergara says they're forecasting the OCR at 2.5 percent the end of the year. She says that would see mortgage and retail rates fall closer to 4.5 percent.
New Zealand lender Kiwibank could grow significantly and achieve the government’s ambitions of disrupting the banking market with NZ$500 million ($310 million) of new capital, Chief Executive ...
Kiwibank is a challenger bank owned by the New Zealand government. According to Macquarie, since 2019, Kiwibank has grown its mortgage book by 52% (compared to New Zealand overall loan system ...
Kiwibank is the latest bank to cut home loan interest rates. It has cut its one-year special fixed rate to 4.89 percent, its ...