RBNZ reviewing capital rules

The Reserve Bank of New Zealand has ramped up its review of capital adequacy requirements in the wake of changes by APRA after the Murray Review and new global rules announced this week for systemical.. read more

RBNZ watching loan to income ratios

The Reserve Bank of New Zealand has unveiled a new analysis of loan to income multiple data on mortgages showing around 40 per cent of new loans were written at multiples of over five times income ove.. read more

IMF suggests more NZ macro-pru

The International Monetary Fund (IMF) has suggested the Reserve Bank of New Zealand look at using more macro-prudential tools to slow down Auckland's rampant housing market if the current measures to.. read more

NZ retailers protest card fees

New Zealand's Retailers Association has launched a campaign against fees charged by credit and debt card schemes and banks that it says are higher than in similar markets such as Australia and Britain.. read more

'Croc' bank profits targeted in NZ

New Zealand's mutually-owned Co-operative Bank has launched an all-out attack on the Big Four Australian owned banks as Labour and Green MPs also criticised the banks' record annual profits. read more

Westpac NZ grows profit, not market share

Westpac New Zealand has posted faster profit growth than its rivals in the second half of the financial year as it chose not to chase market share growth in the hyper-competitive mortgage market. read more

ANZ NZ still growing share

ANZ New Zealand has reported a one per cent rise in cash profit between the first and second halves of the financial year as strong lending growth and flat costs were enough to offset a rise in bad de.. read more