Interest rates
The Co-operative Bank announces floating rate cut from its already market-leading low, to under 6%. The change is immediate for new customers, but in two weeks for existing ones
14th May 25, 2:43pm
The Co-operative Bank announces floating rate cut from its already market-leading low, to under 6%. The change is immediate for new customers, but in two weeks for existing ones
The Reserve Bank meets three times a year to set interest rates without seeing updated inflation data at its monetary policy reviews
14th May 25, 5:00am
The Reserve Bank meets three times a year to set interest rates without seeing updated inflation data at its monetary policy reviews
Latest monthly RBNZ figures show that in March one and two-year fixed mortgage terms were very much back in vogue, while far fewer customers went for floating terms
8th May 25, 3:40pm
Latest monthly RBNZ figures show that in March one and two-year fixed mortgage terms were very much back in vogue, while far fewer customers went for floating terms
BNZ chief economist Mike Jones says the majority of positive cash flow from falling mortgage rates is yet to filter through, but will do so over the coming 6-12 months; cautions again on 'going short'
8th May 25, 8:28am
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BNZ chief economist Mike Jones says the majority of positive cash flow from falling mortgage rates is yet to filter through, but will do so over the coming 6-12 months; cautions again on 'going short'
BNZ's head of research Stephen Toplis says the Reserve Bank 'does have a track record' of withdrawing guidance on the future forecast level of the Official Cash Rate
28th Apr 25, 1:29pm
BNZ's head of research Stephen Toplis says the Reserve Bank 'does have a track record' of withdrawing guidance on the future forecast level of the Official Cash Rate
David Hargreaves looks at where the Official Cash Rate might go, what that means for mortgage holders and will it give a stuttering economic recovery fresh life?
20th Apr 25, 6:00am
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David Hargreaves looks at where the Official Cash Rate might go, what that means for mortgage holders and will it give a stuttering economic recovery fresh life?
Trump’s trade war could cause households to pay attention to inflation again, even as underlying price pressures trend downwards
17th Apr 25, 3:14pm
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Trump’s trade war could cause households to pay attention to inflation again, even as underlying price pressures trend downwards
As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment
17th Apr 25, 11:00am
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As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment
ANZ economists now see the OCR going as low as 2.5% and have trimmed their forecast house price growth this year from 6% to 4.5%
16th Apr 25, 12:35pm
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ANZ economists now see the OCR going as low as 2.5% and have trimmed their forecast house price growth this year from 6% to 4.5%
New Zealand Banking Association says a large proportion of mortgage holders are 'reaping the benefits' of paying down their loan faster
16th Apr 25, 8:41am
New Zealand Banking Association says a large proportion of mortgage holders are 'reaping the benefits' of paying down their loan faster
Citi analysts say while antipodean banks may not be in the tariff/trade war front line, they'll still feel an impact
15th Apr 25, 2:57pm
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Citi analysts say while antipodean banks may not be in the tariff/trade war front line, they'll still feel an impact
[updated]
ANZ pushes down term deposit rates, seemingly confident rivals will follow even though the gap with those rivals is unusually wide. Kiwibank follows with comprehensive cuts. Low loan demand bolsters their shift
15th Apr 25, 8:30am
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ANZ pushes down term deposit rates, seemingly confident rivals will follow even though the gap with those rivals is unusually wide. Kiwibank follows with comprehensive cuts. Low loan demand bolsters their shift
SBS Bank joins other banks in cutting its mortgage serviceability test rate
10th Apr 25, 4:59pm
SBS Bank joins other banks in cutting its mortgage serviceability test rate
Homebuyers' borrowing power boosted as ASB and Westpac follow ANZ in lowering mortgage test rates
10th Apr 25, 8:00am
Homebuyers' borrowing power boosted as ASB and Westpac follow ANZ in lowering mortgage test rates
Although most rate changes focused on home loan floating and savings account rates, there was a first trimming of term deposit rates by SBS Bank. They won't be the last
9th Apr 25, 3:43pm
Although most rate changes focused on home loan floating and savings account rates, there was a first trimming of term deposit rates by SBS Bank. They won't be the last