UPDATE: ANZ warns farmers RBNZ intervention may mean higher borrowing costs
By Jenny Ruth | Fri, 03 May 2019
(Updates with comment from Mark Hiddleston from 12th par) By Jenny Ruth May 3 (BusinessDesk) - ANZ Bank has warned its farming customers they face higher borrowing costs almost immediately due t...
ANZ CEO says he's taking Adrian Orr at his word on bank capital consultation
By Jenny Ruth | Wed, 01 May 2019
By Jenny Ruth May 1 (BusinessDesk) - ANZ’s New Zealand chief executive says he’s taking Adrian Orr at his word that the Reserve Bank governor has an open mind on bank capital requirements and will...
UPDATE: NZ labour data has soft underbelly, will keep rate cut prospects alive
By Rebecca Howard | Wed, 01 May 2019
By Rebecca Howard May 1 (BusinessDesk) - New Zealand’s unemployment rate nudged lower and annual wage inflation ticked slightly higher. But given the underlying softness, the data is unlikely to sw...