Bank of New Zealand (BNZ) stories
GTreasury partners with Necto to expand API connectivity in APAC, enhancing its ClearConnect Gateway with seamless data integration from additional regional banks.
Falling interest rates have yet to shake New Zealand’s housing market out of its summer lull, with values up just 0.5% in three months.
Lower borrowing costs and expiring term deposits could lift demand for commercial and residential property as investors hunt better returns.
Mortgage holders may get further relief early next year, but house prices are likely to rise only modestly as listings and unemployment stay high.
Lower interest rates are reviving property investor confidence, with national sentiment turning positive after the Reserve Bank’s OCR cuts.
House values fell again in September, with lower rates yet to lift prices and mortgage stress still a risk for borrowers.
Buyer enquiries jumped 8.5% in the fortnight after the Reserve Bank’s cut, as more Kiwis moved into the market.
Auckland's tech hiring market sees cautious optimism as Reserve Bank rate cuts uplift sentiment, but slow recovery and 'brain drain' pose challenges.
Buyer demand picked up in July, with sales rising 14.5% year on year even as the national median house price slipped 2.2%.
Flat house prices are helping first-home buyers as nationwide values slipped 0.5% in July, the fifth monthly fall in a row.
Paymentology has named Stephen Bowe as Chief Product Officer, leveraging his 15+ years of banking and payments expertise to advance next-gen payment solutions.
Auckland and Wellington weakened again in May as high mortgage rates and plenty of listings kept the national housing market subdued.
Grok Academy invites students to join the annual Cyber Comp, a four-week cybersecurity challenge aimed at teaching online safety skills nationwide.
Higher costs now are prompting borrowers to favour one-year deals, even as CoreLogic says that bets on lower mortgage rates are building.
New data show annual rent growth hit 6.1% in October, as tight supply and strong migration keep pressure on tenants.
More vendors returned to the market in November as government and OCR certainty lifted buyer confidence and steadied asking prices.
The Quadrent Green Lease programme champions digital inclusion and e-waste reduction in New Zealand's underprivileged communities.
Buyer interest lifted in October, with new listings, auctions and asking prices all rising after the election.
Record entries underline how new plant and global best practice are helping steel contractors deliver more complex buildings across New Zealand.
Buyers and sellers are returning to the market as September sales rose 5.1% year-on-year and homes sold in fewer days, REINZ said.