ASB Bank

Our friends from ASB Polyfest moved us with an ‘ava ceremony to celebrate 40 years of partnership and this year’s 50th ASB Polyfest. The theme this year is ‘Legacy’ – and being a part of theirs means the world to us.

Scam alert 🚨 We’re aware some people have received messages from scammers claiming they can recover money you’ve lost to past scams. If you receive one of these messages don’t act on it, don’t click on any links, or provide any personal or banking information. This type of scam is called a “recovery room” scam or follow-up fraud. Scammers pose as someone from a government agency, police, or any real organisation, and they will ask for an upfront fee for their recovery service. They can be very convincing as the scammer may already know your details, including the amount you’ve lost to a previous scam. If you think you’ve provided your details to a suspicious person or company, please call your bank immediately. We're available 24/7 on 0800 ASB FRAUD (0800 272 372), or +64 9 303 0332 if you're overseas. For more info on staying safe online visit asb.co.nz/asbscamhub

📈💡 ASB’s Senior Economist, Chris Tennent-Brown, shared his insights on the year ahead, inflation and what it means for investors at our ASB Courtside Capital event.

That's a wrap for Auckland Pride Month, and we're still beaming with aroha 💛    We had some memorable moments connecting with our people, partners and wider communities, including:   🏈 Our ASB Unity Network Group joined forces with the NZ Falcons at the Rainbow Parade, representing an integral part of Aotearoa's LGBTQIA+ sports scene and over a decade of partnership.    👚 Our ASB volunteers got together with RainbowYOUTH for Dress with Pride, one of Auckland Pride's closing events, helping young people access gender affirming clothes, haircuts and more.    🖥 We hosted Pride Pledge 🏳️🌈 on a virtual workshop for our ASB whānau across the country. This workshop focuses on how to create safe, welcoming and inclusive environments with everyday tools like pronouns.   Supporting Rainbow Inclusion is an all-year round commitment for us, and we’re excited to continue on this journey.

We’re excited to welcome Kristen Ashby into our ASB whānau as our first-ever Head of Food and Fibre, working with our wider Rural Banking team to make a real difference for our rural communities and help put New Zealand-grown products on the map globally. 🙌🌱   With International Women’s Day coming up, we chat with Kristen about being a female leader and where she draws her inspiration from.   Do you have any questions for Kristen? Let us know in the comments below 👇   #InternationalWomensDay2025 #WomenInLeadership

📈 ASB’s Senior Economist, Chris Tennent-Brown, shared his insights on the year ahead, inflation and what it means for investors at our Courtside Capital event.

Sweet spot for homebuyers? 🤔🏡   Our latest Housing Confidence Survey shows that Kiwi continue to be optimistic about the housing market and increasingly think that now is a good time to buy a house.   “The combination of interest rates continuing to drop, high levels of homes on the market and house prices not quite back to normal puts buyers in a bit of a sweet spot,” according to our Chief Economist Nick Tuffley.   Are New Zealanders expecting further OCR cuts, are they worried about the effects of Trump’s presidency on our markets, and which region is most confident? Read the full report on our website (link in comments). 👇

Youthline has reported a 62% rise in young Kiwi contacting its overnight service for support. As Principal Partner, we're committed to ensuring that our young people have access to immediate and round-the-clock support. Together, we're building a brighter future.   If you want to help us support Youthline, you can text ASB to 5144 to instantly donate $3, or head to youthlineappeal.nz - whatever you donate, we'll match it*, doubling your impact.   *ASB is matching donations up to a maximum total of $150,000 done through eligible donation channels until 30 April 2025. ASB Bank Limited’s terms apply.

Scam alert 🚨 We’re aware some people have received phishing emails urging them “validate” their accounts for the new Confirmation of Payee service. If you receive this, don’t click on any links or provide any personal or banking information.   👉 Remember, we will never ask for your internet banking passwords through email, text phone or voice message.  👉 If in doubt, always go directly to the publicly listed website, app or contact phone number of the company the scammer claims to be from.  👉 If you've clicked on a suspicious link and provided your bank details, please call your bank immediately. We're available 24.7 on 0800 ASB FRAUD (0800 272 372), or +64 9 303 0332 if you're overseas.   For more info on staying safe online visit asb.co.nz/asbscamhub   You can also check out asb.co.nz/COP for more info on Confirmation of Payee.

Innovating for a more sustainable future 💡🐄   One part of our Sustainable Progress Initiatives with Pamu Farms of New Zealand is the methane reduction through genetics programme. Last week, we visited their new testing facility at St Kilda, where cutting-edge research is measuring feed efficiency and methane emissions in beef and dairy-beef cattle. This work will help build the industry’s understanding of low methane genetics and lead to more sustainable breeding decisions.   As Aidan Gent, our General Manager Rural banking, put it: “We’re passionate about the future of NZ’s food and fibre sector and supporting tools that help farmers future-proof their businesses.” #FutureProofFarming #SustainableProgress Turi McFarlane Joshua Farmer