Finance

Explore the latest finance news by Business Desk. 

Fattening bank margins at odds with RBNZ's low rate policy
Jenny Ruth | Thu, 06 May 2021

Bank profits should fall when interest rates are falling but two of New Zealand's largest banks, ANZ Bank NZ and Westpac, are reporting improved profitability.

ANZ Bank's first-half results to be hit with A$817m of one-offs
Staff reporters | Fri, 30 Apr 2021

The New Zealand subsidiary of ANZ Bank will actually contribute a small profit from notable items. 

Heartland launches 2.75% revolving credit facilities
Staff reporters | Tue, 20 Apr 2021

Heartland only started offering mainstream home loans last year through its digital channel and its rates are the lowest in the market.


Archived pages