Although the cash rate fell to a new record low yesterday, none of the banks have changed their rates since.
The Reserve Bank said it has probably done enough to return inflation to target as economic growth quickens.
After several false dawns, New Zealand’s central bank may be finally arriving at the end of its easing cycle.
It’s going to be a “tough” earnings season for Australia’s biggest banks, according to Goldman Sachs Group Inc.
The Financial Services Council has announced the election of a new board and appointment of a new chief executive.
Australia’s big four bank chiefs have spent this week defending their profits to lawmakers by arguing their return on equity has slumped since the financial crisis.
The bank's new rates are among the most competitive in the market
A bank rejection isn't the end of the road, but many Kiwis still remain unaware of their options
The cuts to 'special' rates come soon after similar moves by two other key competitors