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Will open banking be a pure bank play in New Zealand?
Despite a digitally engaged market, New Zealanders are not as engaged with fintechs compared with other markets.
Speaking...
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S&P warns of costs for Australian banks from NZ move
Recent proposals by the New Zealand central bank to increase regulatory capital requirements for the country's banking system are...
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New Zealand’s capital plan “annoying but not dire” for Aussie banks
The decision by the Reserve Bank of New Zealand to boost the capital requirements of its banks will add uncertainty for Australian...
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NZ banks: Profit bounces back in June after slump
New Zealand's major banks collectively grew profits by nearly 15 per cent in the June quarter, with earnings returning to...
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NZ housing affordability worsens, a credit negative for covered bonds
Moody's says housing affordability for new mortgage borrowers deteriorated on average across New Zealand over the year to June 2018...
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Kiwi banks report 11.3% profit drop for March qtr
Profits for New Zealand banks fell 11.3 per cent to NZ$1.24 billion for the March quarter on the back of higher costs, a rise...
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Royal commission: Spilling over to NZ
The findings of the royal commission have been more significant and far bleaker than anyone had imagined.
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Alternative finance lender demands more than doubled
An inaugural Equifax state of the nation report has revealed demand for alternative finance lenders has more than doubled...
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NZ bankers and the large brick wall behind innovation
Legacy issues, consumer trust and a “large brick wall” behind innovation are some of the issues keeping New Zealand bankers up at...
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