Ocr NZ

2022 - 8 - 18

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Image courtesy of "Interest.co.nz"

What happened Thursday (Interest.co.nz)

A review of things you need to know before you sign off on Thursday; few rate changes following OCR, Kiwibank profit up, storm relief offered, ...

[JimboJones](/users/jimbojones) [Albert2020](/users/albert2020) [HouseMouse](/users/housemouse) [Brock Landers](/users/brock-landers) 18th Aug 22, 7:21pm [HouseMouse](/users/housemouse) 19th Aug 22, 12:39am [Waikatohome](/users/waikatohome) 18th Aug 22, 5:49pm [HouseMouse](/users/housemouse) ( [GDS here](https://media.kiwibank.co.nz/media/documents/general_disclosure_statement_jun22.pdf).) Total assets are now $31.5 bln. Seems kinda dumb there's this ring around central Auckland that people are wanting to protect, when it's the most logical place to have high density. from 3.5% as a further 20,000 people moved out of unemployment (3.3% actual). Pity though that the government of the other Jim as in Bolger didnโ€™t have the mettle to bail out the BNZ. (For perspective, [the recent ASB result](https://www.asb.co.nz/content/dam/asb/documents/legal/disclosurestatements/asb-disclosure-statement-and-annual-report-june-2022.pdf) reported a profit of $1.471 bln, an +11% increase on total assets of $121.5 (up +7.9%).

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