NZCity NewsLinks -

All Links

22 Nov 2024

Search

How do you solve a problem like Kiwibank?
Kiwibank's chief executive says it is like being "a high school team playing the All Blacks".

Kiwibank cuts floating home loan rates to 7.75%
The move comes as the Reserve Bank updates its official cash rate on Wednesday, with calls for it to drop by 50 basis points to 4.75%.

Mortgage rate battle continues as Kiwibank cuts home loan rates
Banks are following the market's biggest lender, ANZ, as it cuts rates.

Property investors 'will be back in the hunt' as market conditions improve
Property investors will switch from being the "hunted" to the "hunters" as conditions improve for them, Kiwibank says.

Watch live: Government reveals plans after Commerce Commission calls for banking overhaul
The Commerce Commission has called for Kiwibank and open banking to be boosted in a long-awaited report on the sector.

Commerce Commission calls for beefed up Kiwibank and open banking in final report
The commission has revealed its eagerly awaited final report into bank competition and wants rules eased.

Things are getting better - it just might not feel like it yet: Kiwibank
Economic conditions are improving - everywhere, except one major centre.

How a Kiwibank sale might work
Nicola Willis wants to "explore where more capital could come from", and KiwiSaver managers say they can help.

Kiwibank CEO wants other corporates to match its parental policies
Kiwibank is introducing six weeks baby bonus leave for both parents, reduced hours at full pay for four weeks when returning to work and enhanced KiwiSaver contributions.

Outages reported for ASB, Kiwibank systems
Banks are reporting problems with their networks tonight across New Zealand.

Mysterious object smashes through glass door at Kiwibank
Police say the offender didn’t even leave the car while flinging an object at the bank’s front door.

Tower and Kiwibank sign referral agreement
Kiwi insurer Tower (NZX/ASX: TWR) announces it has entered into a referral agreement for general insurance products with Kiwibank for its retail banking customers. The agreement is for an initial term of five years

Kiwibank mortgage rate cut ‘pure marketing’
Bank announces cuts to variable home loan rate in anticipation of Official Cash Rate cut.

Super-sized OCR cut increasingly likely - economists
All the major banks - ANZ, ASB, BNZ, Kiwibank and Westpac - are picking a 50 basis point cut on Wednesday.

Record full year profit sees Kiwibank outpace major rivals
Increased lending has led to the New Zealand-owned bank growing faster than its main Australian owned rivals.

Calls for beefed up Kiwibank and open banking in ComCom’s final report
The commission chair said a properly functioning market would have stronger competition and more aggressive efforts to compete for customers.

Banks immediately jump on OCR reduction with their own cuts
Kiwibank, ASB, ANZ and Westpac moved quickly to pass on home loan rate cuts after the Reserve Bank’s decision.

Owner beware: 4 reasons why selling part of Kiwibank could do more harm than good
To sell, or not to sell - that is the question various governments have asked since Kiwibank was established in 2002.

Kiwibank and ASB report sudden problems with online banking
The two banks said at roughly the same time on Friday night that customers were having difficulty accessing online banking systems.

Kiwibank pleads guilty to Fair Trading Act breaches
The bank reported itself to the Commerce Commission, apologised to customers and had started the process of refunds.

Kiwibank admits breaching Fair Trading Act, incorrectly charging customers
The bank pleaded guilty to 21 charges where it incorrectly charged more than $7m to over 36,000 customers between 2019 and 2024.

Interest rate cuts will happen quickly next year - Kiwibank
Economists say it's a matter of holding on til 2025 for most of us.