Kiwibank

This is Kiwi making Kiwi better off 🌱 We’ve released our first Climate Statement, alongside our 2024 Sustainability Report. Our Climate Statement reports on the action we’re taking to build our climate resilience, and is produced in compliance with the Aotearoa New Zealand Climate Standards. Our Sustainability Report sets out the progress we’ve made towards our Purpose and Sustainability Goals, which are key measures of our performance.    Some of our highlights from FY24:   🟢 Supported 62,210 students to use Banqer, a financial education platform, during the 2023 school year. This brings our total to more than 350,000 students since 2016. 🟢 Supported 45,376 Kiwi to improve their financial security. This makes 56,679 Kiwi we’ve supported to take action to secure their financial future, towards our 2030 goal of 2 million.  🟢 Delivered more than $177 million in sustainable finance to Kiwi businesses. We’ve lent $231.7 million in sustainable finance to date, towards our 2030 target of $2 billion.          🟢 Reduced the operational emissions we measure by 29% compared to our FY21 baseline year.    Read our Sustainability Report 2024, which includes more information about progress towards our Purpose and Sustainability Goals here 👉 https://lnkd.in/gFmUbTsK Read our Climate Statement here 👉 https://lnkd.in/gKKQ6pEz

⏰Only a few hours left to nominate for the Kiwibank New Zealander of the Year Awards Ngā Tohu Pou Kōhure o Aotearoa! ⏰ This is your last chance to take two minutes and tell us who is doing great things – whether their impact is big or small. Have your say before midnight tonight 👉 https://lnkd.in/gUyKG8G #nzoty #nzoty2025

Today Kiwibank has announced our full year results for the year ended 30 June 2024. For the fifth consecutive year, we’ve improved our profitability and grown faster than our competition, as we continue to build a stronger asset for New Zealand with all our earnings staying right here. This goes to the heart of delivering on our Purpose, Kiwi making Kiwi better off. 

Hear from mum and wellbeing advocate Jess Quinn on the This is Kiwi podcast this week as she chats backwards feet and the money side of disability. 💚💸 #ThisIsKiwi The Spinoff More on Jess's story 👉 https://lnkd.in/g4Fxzbcd

The Reserve Bank of New Zealand cut the official cash rate this week for the first time since the beginning of Covid 📉 Kiwibank Chief Economist Jarrod Kerr joins Bernard Hickey on the When the Facts Change podcast to discuss how the central bank changed its mind when the facts changed, and what it means for interest rates and the housing market 🎧 Tune in at 👉https://lnkd.in/g2qgphGn

The Reserve Bank of New Zealand has cut the official cash rate by 25 basis points to 5.25%. Earlier this week, our economists said the RBNZ decision was going to be a big one. For the latest commentary and insights from our Economists, check out their blog here 👉 https://lnkd.in/gN45-6U5   Check out the insights from our team to help you make informed decisions about your money in a decreasing rate environment 👉 https://lnkd.in/gZtVPmDH Mary Jo Vergara Jarrod Kerr Sabrina Delgado

Recent research that we commissioned shows that 84% of Kiwi believe it’s harder to save money once they become a parent. What’s more, a third of Kiwi have either self-selected out of a role or avoided applying for a new one because of parenthood concerns, particularly for those thinking of becoming one.   At Kiwibank, we’re committed to making Kiwi better off and supporting our people during these pivotal moments, which highlights the leading improvements we’ve recently made to our parental leave benefits. Our Parenthood Package creates a culture and an environment for both parents to be successful at work and thrive 💚 In addition to the existing 26 weeks of full pay primary carer leave, our market leading Parenthood Package features a suite of new benefits including; being eligible from day one of joining, six weeks baby bonus leave for both parents, reduced hours at full pay for four weeks when returning to work and enhanced KiwiSaver contributions, which have been designed to reduce the financial burden of parenthood. We also offer supported leave for people undergoing fertility treatment, egg donation, and preparing for surrogacy.   Read more about our Parenthood Package on our website here 👉 https://lnkd.in/gzHY2VjT

Our Economists have released their Regional Insights for 2024, reporting that economic activity has improved across most regions around the country - just.   Southland is the top performing region, with activity boosted by a building boom. Auckland’s activity is still weak, despite strong population growth. Wellington's performance remains unchanged from last year.    Looking ahead, inflation is easing, interest rates will fall, and business confidence should strengthen.    Read the full blog here 👉 https://lnkd.in/gmfw7-Fe Jarrod Kerr Mary Jo Vergara Sabrina Delgado

Kirsten Dodgen is the ‘it girl’ of dance. She has danced alongside the likes of J.Lo, Rihanna, and Justin Bieber, and has recently competed in 'Street Woman Fighter 2' a dance battle reality TV show. She joined the #ThisIsKiwi podcast this week to chat dance battle disasters, doughnuts and what success means to her 💚 Read more about her Kiwi story of success 👉 https://lnkd.in/gqqiGUSE The Spinoff 🎧

Our Women’s Network organised a kōrero for our people to hear from Simran Kaur, founder of the world’s #1 investing podcast for women, Girls That Invest, and the 2024 Young New Zealander of the Year. During Money Month, we’re focusing on actions that can help our kaimahi grow their money and build resilience – two pillars that are key to improving peoples’ financial wellbeing. Investing is a tool that can be used to help people reach their financial goals, save for retirement, and build wealth, but is often put in the ‘too hard’ or ‘too risky’ basket. Simran talked about understanding the motivation behind investing, cultivating a positive money mindset, practical investment strategies, the intricacies of the stock market, and the principles of ethical investing. Simran’s mission is to make education on investing accessible for women, so it was great to hear some interesting insights around the role of money messaging to women and how we should be making it more positive, so women feel empowered to invest. Thank you to Simran for sharing your knowledge with our kaimahi, and our Women’s Network for organising this event!