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Explainer - New Zealand's deposit compensation scheme takes effect from Tuesday. Here's what you need to know.
The Reserve Bank of Australia cut rates by 25 basis points last week but its cash rate remains higher than New Zealand’s at 3.85 per cent. Trump’s tariff policies and his broader economic agenda have ...
Reserve Bank of New Zealand Governor Christian Hawkesby speaks to media after the Financial Stability Report was released, in Wellington, New Zealand, May 7, 2025. REUTERS/Lucy Craymer.
The Reserve Bank of New Zealand (RBNZ) is the first in the region to conduct a policy review since the US imposed sweeping import tariffs last week, ...
New Zealand has opened an investigation to determine if commitments by lenders under the Net-Zero Banking Alliance could breach anti-cartel regulations, the country's competition watchdog said.
New Zealand’s competition regulator is investigating whether membership of the Net-Zero Banking Alliance, the global lending sector’s main climate group, is in breach of local anti-cartel laws.
All four of New Zealand’s largest banks are Australian-owned. While the tighter capital rules were introduced in 2019, the start of implementation was deferred during the pandemic until mid-2022.
(Bloomberg) -- New Zealand bankers have been quizzed by a parliamentary select committee on how much the Reserve Bank’s capital requirements have pushed up lending rates.Most Read from ...
A wave of lenders leaving New Zealand has at least one industry expert warning that any ... With more banks deserting New Zealand, the consumer suffers. 11 Dec, 2024 11:00 AM. ...
Established in 2014, Bank of China (New Zealand) Ltd expanded its presence in 2021 by opening a branch in Christchurch, becoming the first and only Chinese bank to operate in the South Island.