Kiwibank - Latest News [Page 3]

Kiwibank positioned as first-choice bank for KiwiBuild reset

Wednesday, 4 September 2019, 5:10 pm | Kiwibank

Kiwibank is again positioned to be the first-choice bank for KiwiBuild participants after the government announced a reset of the initiative this afternoon. More >>

Kiwibank marks growth in NZ economy

Friday, 23 August 2019, 10:08 am | Kiwibank

Kiwibank marked its growth within the New Zealand economy today announcing $2.1 billion of growth in customer lending and $2.1 billion in customer deposits. The New Zealand-owned bank also delivered a net profit after tax (NPAT) of $108 million ... More >>

Our Take - An encouraging sign from the housing market

Tuesday, 13 August 2019, 9:34 am | Kiwibank

• Amongst the soft REINZ housing market data in July there were some encouraging signs. Auckland posted a second consecutive, and decent monthly increase, in sales activity. Sales activity tends to lead prices. • • National house price appreciation ... More >>

Kiwibank moves swiftly after OCR cut announced

Thursday, 8 August 2019, 8:33 am | Kiwibank

Kiwibank has passed on the full 0.5 percent OCR rate cut to its customers with variable home loan rates. “Kiwibank is committed to be the better banking alternative, a bank that provides real value for money. We are making these changes so that our ... More >>

Jobs report: We need time to tell

Tuesday, 6 August 2019, 1:49 pm | Kiwibank

• A surprise swoon in the unemployment rate to 3.9% - an 11-year low – shows the market remains a bright spot in the NZ economy. More >>

First View - Can’t get enough (housing)

Monday, 22 July 2019, 11:00 am | Kiwibank

• We can't get enough. We are short 130,000 affordable homes in New Zealand. And the challenge is proving so high, Kiwibuild can't get over it. • Auckland's housing market is stabilising, while the regions remain robust, and ridiculously attractive ... More >>

New Zealand’s housing shortage is getting worse, not better

Thursday, 18 July 2019, 2:22 pm | Kiwibank

• This time last year we showed a shortage of 100,000 homes across New Zealand. Our population growth has outstripped housing supply, again. We’re now short 130,000 homes. More >>

Proposed RBNZ changes should ensure a level playing field

Monday, 1 July 2019, 6:43 pm | Kiwibank

Proposed RBNZ changes should ensure a level playing field Kiwibank has advised that any increase to the minimum regulatory level of capital required to be held by banks operating in New Zealand must also ensure both locally-owned and offshore banks continue ... More >>

Kiwibank sets new low for low rate credit cards

Wednesday, 26 June 2019, 3:59 pm | Kiwibank

In a move that will shake up the New Zealand credit card market, Kiwibank today announced it will reduce the interest rates on its range of low rate credit cards. For the first time, its lowest credit card rate is dipping below 10% and is likely to set ... More >>

Decent early 2019, construction can’t dig us out of slowdown

Thursday, 20 June 2019, 2:02 pm | Kiwibank

Economy builds a decent start to 2019, but construction can’t dig us out of the slowdown. More >>

Our Take - Fake Plastic Trees

Friday, 14 June 2019, 9:00 am | Kiwibank

Our Take - Fake Plastic Trees: the greenshoots of global growth need even more stimulus More >>

Kiwibank first bank to receive Gender Tick

Tuesday, 11 June 2019, 10:40 am | Kiwibank

Kiwibank Chief Executive Steve Jurkovich said fairness was an important attribute for the New Zealand-owned bank, and the accreditation signalled its ongoing commitment to diversity and inclusion. More >>

Our Take

Thursday, 30 May 2019, 4:08 pm | Kiwibank

Our Take - The budget on wellbeing will take a while before we feel good about it… More >>

Fractions sparking new fintech friction

Tuesday, 28 May 2019, 11:45 am | Kiwibank

Facilitation of shared or “fractionalised” investment ownership looks to be the next big thing in financial technology, based on this year’s Kiwi Fintech Accelerator programme applications. More >>

Kiwibank appoints Chief Digital and Technology Officer

Sunday, 26 May 2019, 3:55 pm | Kiwibank

Sunday 26 May 2019 Media release Kiwibank appoints Chief Digital and Technology Officer Kiwibank today announced the appointment of a new Chief Digital and Technology Officer, Hamish Rumbold. He will be joining the New Zealand-owned bank in August, ... More >>

Kiwibank to go cheque-free from 2020

Thursday, 16 May 2019, 2:05 pm | Kiwibank

Kiwibank today announced it will go cheque-free from 28 February 2020. Over the nine-month transition period, the New Zealand-owned bank has committed to supporting impacted customers as they move to faster, safer, and cheaper payment options. More >>

Toughing it out in April

Tuesday, 14 May 2019, 12:05 pm | Kiwibank

House sales lowest for an April month in five years, the timing of Easter probably didn’t help. ER_8Jan18 Key points More >>

Kiwibank quick to move after OCR cut announced

Wednesday, 8 May 2019, 2:19 pm | Kiwibank

Kiwibank is decreasing interest rates on its floating home loan products after the official cash rate was cut today. “This good news for customers with variable home loan products. We are making these changes so that our home loan customers get the ... More >>

Our Take: Winter is coming

Wednesday, 17 April 2019, 1:27 pm | Kiwibank

Inflation was much weaker than we and the market had expected in Q1, and even missed the RBNZ’s own weak forecast. Inflation edged 0.1%qoq higher, the same as the December quarter, and meant that annual inflation rate dropped to 1.5%yoy. Once again inflation ... More >>

Kiwibank partners to enable greater digital inclusion

Tuesday, 16 April 2019, 2:38 pm | Kiwibank

Kiwibank is partnering with Digital Inclusion Alliance Aotearoa and supporting its Stepping UP initiative to empower more Kiwis to access cheaper, faster and safer financial products and services. More >>