Scoop has an Ethical Paywall
BNZ - Latest News [Page 30]
Home loan affordability deteriorates in October
Thursday, 26 November 2009, 2:49 pm | BNZ
Home loan affordability deteriorated sharply in October after house prices rose to record levels and fixed mortgage interest rates rose to their highest levels this year, the BNZ Home Loan Affordability measure shows. More >>
BNZ Weekly Overview 26.11.09
Thursday, 26 November 2009, 1:11 pm | Bank of New Zealand
This week’s issue of the WO has been sent early today due to other commitments. This week we take a look at where the economy is at from a cyclical point of view and run through some of the broad implications for asset prices. More >>
BNZ Weekly Overview - November 19 2009
Friday, 20 November 2009, 10:24 am | BNZ Weekly
Last week we looked at how some sectors of the economy are still shrinking and why one could therefore not describe the upturn as robust. This week we look at factors which have the capacity to boost our economy by near 2.5% next year and 3.5% over ... More >>
November 12 2009 issue of the BNZ Weekly Overview
Friday, 13 November 2009, 9:56 am | BNZ Weekly
This week we look through the data releases of the past couple of months and conclude that although the economy is growing, the upturn is still relatively weak with some important sectors – exports and business investment – showing no upturns outside ... More >>
October 29 2009 issue of the BNZ Weekly Overview
Friday, 30 October 2009, 12:25 pm | BNZ Weekly
Helped by more dovish than expected comments from the RBNZ this morning, a fall in the Aussie dollar, and a bout of global jitters, the NZD has fallen three cents from a week ago to near US 72.5 cents. The chances are the decline is temporary and will ... More >>
BNZ Weekly Overview, October 22 2009
Thursday, 22 October 2009, 5:25 pm | Bank of New Zealand
This week the NZ dollar has traded briefly above US 76 cents and unless the world sinks into a new black hole there seems every chance that in the near future we will once again rise above 80 cents assisted by weakness in the US dollar and a strong ... More >>
October 15 2009 issue of the BNZ Weekly Overview
Friday, 16 October 2009, 10:31 am | BNZ Weekly
This week we have learnt that retail sending rose a stronger than expected 1.2% in August, house prices rose a stronger than expected 1.9% in September, and consumer prices rose 1.3% during the September quarter rather than the 0.8% rise which had ... More >>
October 8 2009 issue of the BNZ Weekly Overview
Friday, 9 October 2009, 9:48 am | BNZ Weekly
This week the NZD has traded above US 74 cents, driven higher by continuing willingness of investors to embrace risky assets, riding the coat-tails of an Aussie dollar boosted by monetary policy tightening and a falling unemployment rate, plus some weakness ... More >>
The results of our monthly BNZ Confidence Survey
Tuesday, 6 October 2009, 10:13 am | BNZ
A net 50% of respondents feel the economy will get better over the coming year which is only a small pullback from the record net 56% optimistic in September. Compared with the recent past there has been a notable improvement in sentiment in the areas ... More >>
BNZ, CommComm reach settlement on interchange case
Monday, 5 October 2009, 11:28 am | BNZ
BNZ has signed a settlement agreement with the Commerce Commission in relation to claims over interchange for credit card transactions. Chris Reid, BNZ Chief General Counsel said, “BNZ is pleased to have settled the claims by agreement with the ... More >>
October 1 2009 issue of the BNZ Weekly Overview
Friday, 2 October 2009, 9:43 am | BNZ Weekly
This week we are once again running our monthly confidence survey. If time permits please click on the URL below and let us know whether you feel the economy will be better in a year’s time or worse. Also, let us know what is happening in your industry ... More >>
BNZ introduces small business service
Thursday, 1 October 2009, 12:55 pm | BNZ
Small businesses make up over 89% of all New Zealand business. BNZ has responded to this industry segment by introducing a dedicated service offering for small business customers from 1 October. More >>
September 24 issue of the BNZ Weekly Overview
Friday, 25 September 2009, 11:17 am | BNZ Weekly
The NZD traded briefly above 73 cents this week driven higher by the official ending of the country’s recession, better than expected current account data, and Fonterra’s bigger than expected payout revision. While the NZD seems to have got ahead of the ... More >>
New orders/business boosts service sector activity
Monday, 21 September 2009, 4:57 pm | Bank of New Zealand
The service sector continued on its road to recovery as the August result provided the first consecutive monthly expansion since early 2008, according to the BNZ Capital - Business NZ Performance of Services Index (PSI). The PSI for August stood at 51.3, ... More >>
BNZ Weekly Overview, September 17 2009
Friday, 18 September 2009, 4:18 pm | Bank of New Zealand
The NZ dollar has continued its merry way upward this week trading near 71.5 cents this afternoon with support from the same factor we have highlighted for months now – rising risk tolerance around the world. This week the economic data out of the ... More >>
Home loan affordability deteriorates
Friday, 18 September 2009, 2:40 pm | BNZ Weekly
Rising house prices and interest rates combined in August to weaken home loan affordability to its worst level in 2009, the BNZ Home Loan Affordability measure shows. More >>
BNZ offers lowest variable rate in NZ
Thursday, 17 September 2009, 3:52 pm | BNZ
BNZ has today announced a 0.26 reduction in the TotalMoney variable housing rate making it the lowest variable home loan rate available in the market at 5.59. Further to this, the variable rate for Standard, GlobalPlus, Fly Buys, Rapid Repay home loan ... More >>
BNZ Weekly Overview - September 10 2009
Friday, 11 September 2009, 10:52 am | BNZ Weekly
It was no surprise this morning that the Reserve Bank left their cash rate at 2.5%, and also no surprise that they said they currently plan leaving it there until “..the latter part of 2010.” We don’t think they will be able to wait that long given ... More >>
BNZ Monthly Survey Results
Monday, 7 September 2009, 3:02 pm | BNZ
Attached you will find the results of last Friday’s survey of BNZ Weekly Overview readers. The results show confidence rising to a record net 56% positive about the economy over the coming year from 42% in August and 15% in July. Businesses note ... More >>
September 3 2009 issue of the BNZ Weekly Overview
Friday, 4 September 2009, 9:40 am | BNZ Weekly
This is the first issue for the month so we are once again running our monthly survey. If time permits please click on the url below and let us know if you feel the economy will get better or worse over the coming year. And if possible let us know what your ... More >>
