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ANZ profit falls; mortgages sold to new branch
Old Mortgage News

ANZ profit falls; mortgages sold to new branch

New Zealand's largest bank, ANZ National Bank saw its profit drop sharply in the March quarter as charges for impaired loans soared.

Jenny Ruth
Wed, Jun 17th 2009 05:44AM

Dollar, rates jump after Bollard leaves rates unchanged

Dollar, rates jump after Bollard leaves rates unchanged

2 min read
OCR unchanged at 2.5%

OCR unchanged at 2.5%

3 min read
Banks should disclose profit margins: Bawden

Banks should disclose profit margins: Bawden

2 min read
MPs slam banks over interest rates

MPs slam banks over interest rates

2 min read
TSB grows profits and mortgage book; HSBC's profit more than doubles

TSB grows profits and mortgage book; HSBC's profit more than doubles

1 min read
Economists divided on next move for interest rates

Economists divided on next move for interest rates

2 min read
Mortgage rate commentary: Little action

Mortgage rate commentary: Little action

2 min read
Kiwibank continues explosive growth; ASB profit drops

Kiwibank continues explosive growth; ASB profit drops

2 min read
Is it worth breaking your mortgage?

Is it worth breaking your mortgage?

2 min read
Mortgage watch: Banks still not budging

Mortgage watch: Banks still not budging

2 min read
RBNZ defends OCR, disappointed with banks' response

RBNZ defends OCR, disappointed with banks' response

1 min read
Small lenders take on big banks

Small lenders take on big banks

2 min read
National Bank, ASB, SBS, BNZ break fees cleared by regulator

National Bank, ASB, SBS, BNZ break fees cleared by regulator

2 min read
Bollard slashes rates and says they will stay low

Bollard slashes rates and says they will stay low

2 min read
RBNZ cuts OCR to record low 2.5%

RBNZ cuts OCR to record low 2.5%

2 min read

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Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister.
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