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Kiwibank - Latest News [Page 5]
Susan Macken opts not to seek reappointment to Board
Friday, 8 November 2019, 12:59 pm | Kiwibank
Kiwibank Board Chair Dr Susan Macken today announced she will not be seeking reappointment next month. Dr Macken, an experienced company director and business consultant, was appointed to the Kiwibank Board as an independent director for a three-year term ... More >>
Jobs growth has slowed; RBNZ ‘should’ cut
Wednesday, 6 November 2019, 1:25 pm | Kiwibank
• The unemployment rate rebounded to 4.2%, after a surprise fall last quarter. As there was a surprisingly large 6k jump in the number of people unemployed. • The labour market is losing momentum. Annual employment growth hit a six-year low, ... More >>
A lack of business confidence will cause RBNZ cuts
Tuesday, 1 October 2019, 1:59 pm | Kiwibank
• Business Confidence deteriorates along with profitability. Poor pricing intentions has cut inflation expectations. Businesses are worried.” More >>
Kiwi economic growth slows. We need fiscal caffeination
Thursday, 19 September 2019, 12:02 pm | Kiwibank
Growth has now slowed to a 6-year low, and downside risks are dominating. June quarter GDP growth came in at 0.5%qoq, in line with our expectation, and slightly above consensus. Although there were a few sensational reports of the chance of a negative print. ... More >>
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 >>
