NZCity NewsLinks -

All Links

4 Jul 2025

Search

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.

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.

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.

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.

BNZ joins home loans rates cuts
Another day, another bank cutting home loan rates.

Hopes for December quarter economic growth fading
If there was going to be any economic growth in 2025, it would be coming from "a weak base," BNZ senior economist Doug Steel says.

Gloriavale's banking loss: 'This is a case of consequences for poor behaviour'
Gloriavale is being held accountable for poor behaviour with its loss in its fight to keep banking with BNZ, the Gloriavale Leavers' Support Trust says.

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.

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.

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.

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.

Manufacturing sector holding its own despite slowdown
The biggest risk to the manufacturing sector is the outlook for demand amid global volatility, according to BNZ's senior economist.

Two banks to cut interest rates ahead of Reserve Bank's February cash rate review
BNZ and TSB both made changes to interest rates on Tuesday.

Tens of millions owed by troubled civil construction company-linked businesses
Most of it is owed to BNZ, according to the first receivers report.

How much of a difference have OCR cuts really made?
BNZ's chief economist says the jury is still out, to a large extent.

No new lending for petrol stations will impact rural communities the most
BNZ acknowledged it was pulling back from lending to some petrol stations.