HSBC Bank - Latest News [Page 1]

Market-leading 1, 2 and 3-year fixed home loan rate

Tuesday, 16 September 2014, 5:05 pm | HSBC Bank

HSBC NZ offers market-leading 1, 2 and 3-year fixed home loan rate of 5.75% p.a. More >>

RBNZ Observer: On hold, with a longer pause now expected

Friday, 5 September 2014, 10:39 am | HSBC Bank

- Having delivered 100bp of hikes and with dairy prices falling, the RBNZ is expected to hold steady next week - Timely indicators of business and consumer sentiment have stepped back from high levels, although inward migration remains strong and the Canterbury ... More >>

HSBC Global Research Commodity prices snapshot

Tuesday, 2 September 2014, 2:52 pm | HSBC Bank

Global commodity prices fell in August, with declines across a broad range of commodity types. Our indicator suggests the IMF commodity price index is likely to have fallen by -4.0% in August, to be -4.2% lower than a year earlier. For the second month in ... More >>

Research NZ Budget Observer - Still On Track For Surplus

Tuesday, 19 August 2014, 3:20 pm | HSBC Bank

New Zealand's Treasury today released their pre-election budget update, ahead of the 20 September vote. The government still expects to get back to surplus in 2014/15, albeit a slightly smaller surplus than expected in May. The growth forecasts were ... More >>

Milk story may be turning sour

Tuesday, 19 August 2014, 10:55 am | HSBC Bank

- Dairy prices fell sharply in the past six months (-40%), largely reflecting an apparent ramp-up in Chinese milk powder inventories last year, which is now being run down More >>

New Zealand economics comment: More than just milk

Monday, 11 August 2014, 1:30 pm | HSBC Bank

Falling dairy prices have created some doubts about the robustness of New Zealand’s economic boom. But it is worth keeping in mind that dairy is only one part of the economy’s recent growth story. Growth has also been driven by the post-earthquake ... More >>

NZ unemployment falls: Still expect further RBNZ hikes

Wednesday, 6 August 2014, 1:50 pm | HSBC Bank

New Zealand's labour market continues to tighten, consistent with a pick-up in growth. Although Q2 jobs growth surprised on the downside, at +3.7% y-o-y (market had +4.0%), the unemployment rate fell from 5.9% to 5.6% in Q2 (market expected 5.8%). Strong ... More >>

Hiked again, but short pause now expected

Thursday, 24 July 2014, 1:22 pm | HSBC Bank

The RBNZ hiked its cash rate by another 25bp to 3.50%, as expected. As noted in the statement, the economy continues to grow at an above trend pace and, although inflation is low, for now, they expect domestically-produced inflation to pick-up. Today's ... More >>

Australia's growing links to Asia: Powering growth

Monday, 21 July 2014, 10:30 am | HSBC Bank

Strong ties to Asia have been a key driver of Australia’s relative economic success in recent years. In our view, this story is not over yet. Trade links are still growing, with a further ramp-up in exports of iron ore, coal and liquified natural gas on ... More >>

The RBNZ Observer: Expect another 25bp hike next week

Monday, 21 July 2014, 10:22 am | HSBC Bank

New Zealand is booming. Q1 GDP rose by a strong +3.8% y-o-y and timely indicators suggest that this pace probably continued into Q2. The GDP numbers, which were released since the last RBNZ announcement, confirmed that construction activity has been a ... More >>

HSBC offers lowest three-year fixed home loan rate in NZ

Wednesday, 16 July 2014, 1:24 pm | HSBC Bank

HSBC New Zealand, the global bank for New Zealanders, announces that it has reduced its HSBC Premier three-year fixed home loan rate by 0.4% to 5.85% per annum. This is the lowest three-year fixed residential mortgage rate currently being offered ... More >>

New Zealand's CPI still contained, but another hike likely

Wednesday, 16 July 2014, 1:20 pm | HSBC Bank

New Zealand's inflation has remained surprisingly contained, with today's Q2 CPI lower than the market expected. The CPI rose by +1.6% y-o-y in Q2 (market had +1.8%), so remains in the lower half of the RBNZ's 1-3% target band. More >>

Being RMB-Ready Gives Competitive Advantage in China Trade

Tuesday, 15 July 2014, 1:38 pm | HSBC Bank

***Perceptions gap highlights potential leaders and laggards as trading nations strive to boost China exports*** More >>

New Zealand GDP Strong:Construction boom ramps up & broadens

Thursday, 19 June 2014, 12:51 pm | HSBC Bank

New Zealand's GDP print was strong for Q1 and broadly in line with the market expectation. GDP was estimated to have risen by +1.0% in Q1 and +3.8% y-o-y (market had +3.7%). The key driver of growth in the quarter was construction, which has been supported ... More >>

RBNZ Observer Update: Hiked again and there's more to come

Thursday, 12 June 2014, 2:53 pm | HSBC Bank

The RBNZ lifted its cash rate by another 25bp to 3.25% today, as expected. The economy is booming and despite a high NZD the central bank needs to continue to shift its rate setting back towards normal. Notwithstanding some recent signs of slowing in ... More >>

The RBNZ Observer: Expect another 25bp hike next week

Friday, 6 June 2014, 2:52 pm | HSBC Bank

Timely indicators continue to suggest that New Zealand's economy is growing at an above trend pace - Despite recent falls in dairy prices and signs of some cooling in the housing market the overall momentum in growth remains strong - We expect another ... More >>

HSBC NZ cuts its 3 year-fixed home loan rate

Friday, 16 May 2014, 4:04 pm | HSBC Bank

HSBC NZ cuts its 3 year-fixed home loan rate to a market-leading 5.99% pa More >>

Boom helps deliver balanced budget

Thursday, 15 May 2014, 3:52 pm | HSBC Bank

The New Zealand government has presented the first fiscal surplus in six years, as expected, at $NZ0.4bn in 2014/15 (+0.2% of GDP). The surplus is projected to rise further from there, to $NZ1.3bn in 2015/16 and $NZ2.4bn in 2016/17. This will limit ... More >>

NZ employment booming, but RBNZ still wants lower NZD

Wednesday, 7 May 2014, 2:56 pm | HSBC Bank

New Zealand’s labour market posted further improvement in Q1, with employment growth now running at a strong +3.7% y-o-y (market had +3.4%). The unemployment rate remained steady at 6.0% (market had 5.8%) reflecting a solid rise in participation. Overall, ... More >>

HSBC still offering lowest fixed bank home loan rates in NZ

Monday, 5 May 2014, 12:56 pm | HSBC Bank

HSBC still offering lowest 1 and 2 year-fixed bank home loan rates in NZ More >>

 

 

InfoPages Links

 
 
 
 
 

LATEST HEADLINES

 
 
 
InfoPages
Search Scoop  
 
 
Powered by Vodafone
NZ independent news