ASB Bank
Financial services companyWikipedia
196
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90
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48
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Search complete. 196 mentions across 90 episodes found for "ASB Bank".
Sep 13, 2026
speaker_0NARRATOR
Hosking.
Mike HoskingHOST
So ASB say 0.3, God bless them.
Mike HoskingHOST
They're the most optimistic.
Mike HoskingHOST
What do I refer to? GDP two, uh, Q2 GDP this Thursday This was the one that was gonna sink us.
Mike HoskingHOST
Turns out probably not.
Mike HoskingHOST
So that shows you how resilient the New Zealand story is at the moment.
Mike HoskingHOST
So ASB is saying zero point three.
Mike HoskingHOST
Westpac zero point two.
Joe GilfillanHOST
Dunedin's iconic George Street's a race course this afternoon.
Joe GilfillanHOST
The ASB George Street Mile in the Octagon sees runners heading down George Street and back till six this evening.
Joe GilfillanHOST
It's in addition to the Emerson's Dunedin Marathon which begins tomorrow.
Joe GilfillanHOST
Enterprise Dunedin Events team leader Dan Hendra says the events are a great opportunity to run through the newly developed main street.
Nicholas James BridgewaterNARRATOR
Goat, boz.
Nicholas James BridgewaterNARRATOR
Horse, asb, asb.
Nicholas James BridgewaterNARRATOR
Horse, asb.
Nicholas James BridgewaterNARRATOR
Lamb, beré, beré.
Nicholas James BridgewaterNARRATOR
Lamb, beré.
1 HR 30 MINS LATER
Nicholas James BridgewaterNARRATOR
Persian Self-Taught in Roman Characters with English Phonetic Pronunciation by Sheikh Hassan, section five.
Nicholas James BridgewaterNARRATOR
Professions, trades, et cetera.
Nicholas James BridgewaterNARRATOR
sanoaye, kasb va ghayre.
Debbie RobertsHOST
First up, from One News on the 3rd of September, all major banks hike floating mortgage rates.
Debbie RobertsHOST
All five of New Zealand's major banks, that's ANZ, BNZ, ASB, Westpac and Kiwibank, increased their variable mortgage rates by 25 basis points following the Reserve Bank's OCR hike to 2.75%.
Debbie RobertsHOST
The central bank's rate increase came as June quarter inflation reached 4.1%, with inflation projected to return to the 1% to 3% target band by the middle of next year as broader economic activity recovers.
Debbie RobertsHOST
New variable home loan rates across the major lenders now range between 6.25% and 6.49%, while fixed rate mortgages remain pretty much unchanged.
Debbie RobertsHOST
Several lenders have also lifted selected savings and deposit rates by up to 25 basis points to support savers in a rising rate environment.
Debbie RobertsHOST
So good news for those of you with money in your savings accounts.
Debbie RobertsHOST
Bank customer data reflects ongoing household resilience, with ASB noting that 45% of its home loan clients are sitting one month or more ahead on their repayments.
Debbie RobertsHOST
So when we see headlines around a 25 basis point OCR hike generate concern, it's important to look at what this actually means for the average mortgage holder.
Alfred NgaroGUEST
Yeah, I mean, yesterday the OCR went up to 2.75%.
Alfred NgaroGUEST
I think most economists, Mark Smith from ASB and others, think that's a normalisation because we know that our current monetary policy has to get to a point where we do stabilise.
Alfred NgaroGUEST
Obviously the concern, I mean, our CPI at the June quarter was 4.1%.
Alfred NgaroGUEST
And so I want to say that listening to different economists, I want to set the context first so people understand this.
MikeHOST
So, like, we had a lot of people.
MikeHOST
Uh, but I also knew a lot of the kids in ASB and people who would be a part of stuff like this.
MikeHOST
And so I did recognize some of them and I was just like, and it was in Palm Springs and I was just like, I don't,
TristanHOST
I
Mike HoskingHOST
Housing, seven.
Mike HoskingHOST
[bell dings] The ASB's call on growth adds to the various other calls on growth, both for housing and the economy generally.
Mike HoskingHOST
This thing's real, it's moving, and will hopefully drown out the moaners.
Mike HoskingHOST
Speaking of which, GDP, six.
Mike HoskingHOST
Housing, seven.
Mike HoskingHOST
[bell dings] The ASB's call on growth adds to the various other calls on growth, both for housing and the economy generally.
Mike HoskingHOST
This thing's real, it's moving, and will hopefully drown out the moaners.
Mike HoskingHOST
Speaking of which, GDP, six.
Ryan BridgeHOST
Right, new data out this morning from ASB shows we could be waiting three more years for house prices to rebound back to 2021 levels when they were at their peak.
Ryan BridgeHOST
Check it out.
Ryan BridgeHOST
As it stands, prices are around 15% below that peak from 2021.
Ryan BridgeHOST
That's more like 30% if you take into account inflation.
Ryan BridgeHOST
And from here, it's a slow burn.
Ryan BridgeHOST
ASB says this year's growth will be flat.
Ryan BridgeHOST
2027 predicted at 3.5%.
Ryan BridgeHOST
The more standard 5%, not due until the year after that.
Mike HoskingSOUNDBITE_SPEAKER
Seven.
Mike HoskingSOUNDBITE_SPEAKER
The ASB's call on growth adds to the various other calls on growth, both for housing and the economy generally.
Mike HoskingSOUNDBITE_SPEAKER
This thing's real, it's moving, and will hopefully drown out the moaners.
Mike HoskingSOUNDBITE_SPEAKER
Speaking of which, GDP.
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