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5 Sep 2025

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'Steep' interest rate move
A change in the Reserve Bank's tone has caused a "steep" move in wholesale markets, Kiwibank's economists say, and the fall is likely to continue.

Business banking 'a standout' as Kiwibank sees full-year profit drop
Kiwibank has posted a lower full-year profit on the back of increased costs and a fall in margins.

Data aligns for OCR cut and inflation easing
Kiwibank says the stars, or data, have aligned for an OCR cut next week to 3% and an eventual move to 2.5%.

Further cuts to OCR might be forced on RBNZ
With about 40% of existing mortgages due to roll over in the next six months and another 10% on floating rates, now could be the best time for those borrowers. That’s because Kiwibank is predicting the RBNZ will be forced to cut interest rates more than either it or the market currently expects, due to weaker economic data both here and overseas.

Not-so-Kiwibank? Finance minister opens door to partial sale
“Kiwibank. It’s Ours” or so the advertisements go. But possibly not “ours” entirely for much longer with Finance Minister Nicola Willis open to floating part of the state-owned company

Savings momentum building - but who's struggling?
Kiwibank released its latest State of Savings Index, which tracks how New Zealanders are balancing daily financial pressures with long-term goals.

South Island surges ahead as regional economic divide deepens - Kiwibank
Otago and Southland are NZ's best performing regions in Kiwbank’s Annual Regional Note.

Another OCR cut justified as households, businesses struggle - Kiwibank chief economist
"We need to be running, not crawling out of this recession," a chief economist says as the Reserve Bank looks set to hold today.

Kiwibank offers new lending programme for start ups
The bank is trialling StartUp+ in conjunction with venture capital group Ministry of Awesome.

Kiwibank and Airpoints part ways
The bank and Air New Zealand have decided to end their partnership.

Kiwibank tempering big banks’ profits, and there’s still ‘bold ambition, boss says
Chief executive Steve Jurkovich says he expects Kiwibank’s deposits and lending are growing faster than that the four larger Australian-owned banks.

Kiwibank profit down as lending rises
Kiwibank reported a 5% drop in net profit after tax for the year to June, while lending rose 10%.

Financial Markets Authority warns Kiwibank for overcharging customers more than $900k
'We take this matter seriously and regret the error,' Kiwibank said.

Kiwibank, MATTR & Deloitte to use new AWS New Zealand region
Kiwibank, MATTR, and Deloitte will adopt the new AWS Asia Pacific (New Zealand) Region, enhancing cloud services and data sovereignty locally.

Kiwibank given go-ahead to raise $500m in capital
Finance Minister Nicola Willis said the government would not publicly list Kiwibank on the stock market without an "electoral mandate".

Kiwibank approved to raise $500m in capital, in bid to increase banking competition
Securing $500m in capital could enable the bank to support up to $4b in business lending, or $10b in home lending.

Real Life: Jon Hartley, Kiwibank chair and priest - ‘There’s more to life than the corporate world’
Jon Hartley has given two days of work a week ‘away’ for more than 20 years.

Business funding landscape change
Kiwibank is stepping out of its comfort zone and starting a new lending programme for start-ups.

Recovery taking longer than expected, Kiwibank economists say
Kiwibank economists say recovery is coming, but it's taking a lot longer than expected.

Kiwibank cuts home loan interest rates
The official cash rate has fallen from a peak of 5.5 percent to 3.25 percent.