ASB Bank - Latest News [Page 19]
Dollar drop an opportunity and a threat
Wednesday, 2 September 2015, 9:02 am | ASB
After a significant decline against the US dollar, businesses expect a period of stability for the NZD, according to the latest ASB Kiwi Dollar Barometer. More >>
ASB / Main Report Regional Economic Scoreboard
Wednesday, 19 August 2015, 2:33 pm | ASB Bank
Auckland remains New Zealand’s fastest-growing city in the latest ASB/Main Report Regional Economic Scoreboard. More >>
Economy cools, but support is on its way
Tuesday, 18 August 2015, 12:46 pm | ASB Bank
New Zealand’s economy has cooled and growth over 2015 will be modest compared to last year, according to the latest ASB Quarterly Economic Forecasts. More >>
Customer focus drives ASB’s solid annual result
Wednesday, 12 August 2015, 11:11 am | ASB Bank
Customer focus drives ASB’s solid annual result ASB today reported a 7% increase in Statutory Net Profit after Taxation (NPAT) to $859 million for the year ended 30 June 2015. For the prior year, the result was $806 million. Cash NPAT was $846 ... More >>
House price expectations highest since survey began in 1996
Friday, 31 July 2015, 5:32 pm | ASB Bank
House price expectations hit a new record, with a net 65% of respondents expecting house prices to increase. • More people expect interest rate declines over the next year. • First signs that new rules for property investors are impacting price ... More >>
ASB Farmshed Economics Report
Monday, 27 July 2015, 1:35 pm | ASB Bank
The agriculture sector is down on confidence, with dairy in particular at a low point, according to the latest ASB Farmshed Economics Report. More >>
ASB offers special one-year home loan fixed interest rate
Thursday, 2 July 2015, 5:25 pm | ASB Bank
ASB has reduced its one-year home loan fixed interest rate special to 4.89% p.afor a limited time. More >>
Dollar drop takes businesses by surprise
Thursday, 25 June 2015, 9:16 am | ASB Bank
The latest ASB Kiwi Dollar Barometer finds many businesses were caught unaware by the recent NZD drop. More >>
ASB Farmshed Economics Report
Monday, 22 June 2015, 2:34 pm | ASB Bank
Despite Fonterra’s better opening season milk price forecast, farm cashflows will still face pressure this season, according to the latest ASB Farmshed Economics Report. More >>
ASB lowers variable home loan rate
Thursday, 11 June 2015, 9:54 am | ASB Bank
Following the RBNZ’s decision to reduce the Official Cash Rate (OCR) this morning, ASB has moved swiftly to lower its variable home loan and Orbit home loan rates by 0.25bps from 6.75% p.a to 6.50% p.a effective 8am Friday 12 June for new customers ... More >>
ASB / Main Report Regional Economic Scoreboard
Thursday, 28 May 2015, 12:38 pm | ASB Bank
ASB / Main Report Regional Economic Scoreboard Auckland has leap-frogged Canterbury into the top spot for economic growth in the latest ASB/Main Report Regional Economic Scoreboard – a position it last held in September 2013. The move, up from second ... More >>
ASB lowers milk price forecast and predicts OCR to drop
Friday, 15 May 2015, 11:04 am | ASB Bank
“After a drought-driven false dawn earlier this year, prices are at their lowest in five years,” says ASB’s Rural Economist Nathan Penny. “This is driven by a potent mix of domestic production getting a second wind and demand remaining weak. ... More >>
More house price gains expected
Tuesday, 12 May 2015, 8:54 am | ASB
• House price expectations remain high, with a net 56% of respondents expecting house prices will increase. • • Fears of higher interest rates are fading, consistent with the RBNZ’s signals this year. • • Affordability and a lack of houses for ... More >>
New Zealand caught up in the wash of weak global inflation
Thursday, 30 April 2015, 2:44 pm | ASB Bank
Media release ASB Quarterly Economic Forecasts April 2015 New Zealand caught up in the wash of weak global inflation • NZ’s economy is maintaining a solid pace. • High exchange rate remains a drawback of a healthy economy. • The dynamic of ... More >>
ASB launches ‘Card Control’
Tuesday, 21 April 2015, 10:19 am | ASB Bank
ASB has launched a suite of new features via the ASB Mobile app allowing customers to manually lock their credit or debit card temporarily and impose a range of restrictions on how and where their card can be used. More >>
ASB Farmshed Economics Report
Friday, 17 April 2015, 10:03 am | ASB Bank
Drought’s hit on dairy production not as bad as first feared Beef prices on the up and lamb prices may not be far behind NZD strength a headwind for farmers More >>
Wage inflation acceleration suggests skill shortages
Thursday, 2 April 2015, 9:56 am | ASB Bank
The Cantometer Index remained at 1.7 in March, where it has been since the start of 2015, reflecting the increase in activity from late last year. More >>
ASB Farmshed Economics Report
Tuesday, 24 March 2015, 10:58 am | ASB
The NZ dairy production outlook is not as bad as first feared according to the latest ASB Farmshed Economics Report. Prices have moved to reflect this changing view – up sharply in February on the plunging production fears, and then down by a lesser ... More >>
ASB & New Zealand Rugby multi-year sponsorship deal
Thursday, 5 March 2015, 4:44 pm | ASB Bank
ASB has today announced a multi-year partnership with New Zealand’s most successful sporting team, the All Blacks. The sponsorship also includes New Zealand Rugby’s World Champion sevens teams; the All Blacks Sevens and New Zealand Women’s Sevens. ... More >>
ASB / Main Report Regional Economic Scoreboard March 2014 Q
Thursday, 19 February 2015, 12:52 pm | ASB Bank
Canterbury holds off Auckland again to take out the top spot in the latest ASB/Main Report Regional Economic Scoreboard. More >>