BNZ
Banks' profits surge 8 percent in first quarter
Banks' quarterly profits have jumped close to all-time highs despite the so-called mortgage wars cutting into margins.
Activity in the services sector rose in December
The BNZ- Business New Zealand's Performance of Services Index rose nearly 2 points to 56 point 5 in December, the average level for 2014. Audio
Wholesale sales rose 0.7% in the September quarter
Wholesale sales rose 0.7 percent in the September quarter with only half of the six industries measured showing increases. Audio
Economist discusses loan-to-value restrictions
An economist at the Bank of New Zealand says if the Reserve Bank were to water down or remove its restrictions on mortgage lending to people with small deposits, the market would take that as an… Audio
BNZ says its mortgage lending rebounded in the second half
BNZ has been offering three-year fixed mortgages at 5.85 percent with a 3-thousand dollar cash bonus for those borrowing at least 250-thousand. Audio
BNZ profits rise in year to the end of September
The Bank of New Zealand's profits jumped more than 22 percent, in the year ended September. Audio
