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20 Aug 2025

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Households 'under siege', BNZ economist says
The Auckland property market is noticeably softer than the rest of the country, particularly the South Island, an economist says.

BNZ cuts home loan rates ahead of OCR announcement
BNZ has followed ANZ in dropping some fixed mortgage rates ahead of next week's OCR announcement.

New Zealand's manufacturing slump continues, slowing economic recovery
Manufacturers are continuing to do it tough BNZ senior economist Doug Steel says.

RDC.AI & BNZ launch AI-driven cashflow loans for NZ SMEs
RDC.AI and Bank of New Zealand have launched an AI-driven Merchant Flexi Loan, offering quick, flexible cashflow loans to NZ's small businesses.

New unsecured loan offer as BNZ chases SME market
BNZ is offering small businesses unsecured loans of up to $50,000 on digital only applications through its new Merchant Flexi Loan.

ANZ, BNZ, Westpac cut home loan rates - but where to from here?
Banks had already started to cut their interest rates, ahead of an expected drop in the official cash rate (OCR) on Wednesday.

BNZ drops fixed and variable home loan rates ahead of OCR decision
Its one- and two-year fixed home loan rates were lowered to to 4.95 percent.

Advisers originating fewer BNZ mortgages
Bank of New Zealand is writing a smaller percentage of mortgages through advisers although the percentage of its total mortgage book originated by advisers has continued to grow.

Bank of New Zealand sees rise in net profit for first half
BNZ chief executive Dan Huggins says it is a solid result in the current economic environment.

Northland goat farm’s $24m dream crumbles under bank pressure and industry slump
BNZ is pushing for a sale, potentially leaving them with no home for retirement.

Service sector struggling to recover
The recent BNZ-Business New Zealand Performance of Services Index (PSI) shows activity is slowing in the sector.

Another major bank cuts its one-year fixed home loan rate to 4.79 percent
ANZ and BNZ cut their one-year speical rates earlier this week.

King Honey in receivership as Me Today fails to find buyer
BNZ have appointed PwC NZ's Richard Nacey and John Fisk as receivers.

BNZ's new offer for technology entrepreneurs
The bank is offering something new for technology entrepreneurs.

Asset prices and spending going nowhere
Falling interest rates might not be sufficient to boost spending, the BNZ says.

Another major bank lowers house price expectations
BNZ has lowered its property price expectations for the next calendar year.

ANZ, BNZ, Westpac cut home loan rates - but where to from here?
Banks had already started to cut their interest rates, ahead of an expected drop in the official cash rate (OCR) on Wednesday.

Manufacturing sector recovery continues at steady pace but caution lingers
However, a BNZ senior economist urged caution, noting that although employment and deliveries of raw materials had risen, gains in new orders remained below average.

Falling interest saving home loan borrowers $2.2b, bank says
BNZ says falling interest rates will put $2.2 billion dollars into the pockets of New Zealanders with mortgages over the six months to a year.

BNZ preserves margins on flat half-year
BusinessDesk: BNZ outranks its Australian cousins for customer preference.

Another major bank brings one-year fixed home loans below 5 percent
In recent days, ANZ, Kiwibank, BNZ and Westpac have all lowered their one-year rate to 4.99 percent.