Finance
ANZ has filled its boots with mortgages for 10+ years
ASB Bank used to have the largest exposure to mortgages of the four major banks but ANZ Bank New Zealand has now overtaken it.
Finance
Westpac wants more material credit law changes
Westpac's home loan book now accounts for 66% of total lending, up from 61% two years ago.
Finance
Westpac's 1H net profit down 5%, core earnings up 16%
Westpac's operating profits are growing much faster than its costs, but the net interest margin is down eight basis points to 1.98% in the past year.
Finance
Jenny Ruth: Bank capital rule changes another weapon aimed at housing market
New capital rules are adding to the factors that are finally starting to bite real estate prices that had seemed to move only upwards.
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