ASB fans housing market flames

ASB fans housing market flames
Jenny Ruth
ASB Bank's chief executive is walking a fine line between crowing about how many first-home buyers it helped in the second half of 2020 while stressing her bank had tried to "moderate" the raging housing market by demanding greater deposits of investors.But ASB grabbed a greater share of the mortgage market with its lending growing faster than bank lending overall.In presenting her bank's first-half results, Vittoria Shortt emphasised that the bank provided loans to 7,500 first-home buyers in the six months ended December.But...

More Finance

FNZ employee shareholders told success more likely
Finance

FNZ employee shareholders told success more likely

Account show loss at global fintech widens. 

Victoria Young 05 Jun 2025
NZ Super ahead of the curb on US equities
Finance

NZ Super ahead of the curb on US equities

New Zealand’s sovereign wealth fund has been overweight in European equities.

Gregor Thompson 03 Jun 2025
Former Telecom chair Wayne Boyd honoured
Finance

Former Telecom chair Wayne Boyd honoured

Honours recognition for a lifetime of low-key, high-quality leadership.

Pattrick Smellie 02 Jun 2025
Andrew Barclay to leave Goldman Sachs NZ
Finance

Andrew Barclay to leave Goldman Sachs NZ

Andrew Barclay has been one of NZ’s most respected deal-makers.

Pattrick Smellie 20 May 2025