Interest rates
Nicola Willis delivered on most of her promises but faces extremely tight budgets for years to come
31st May 24, 6:36am
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Nicola Willis delivered on most of her promises but faces extremely tight budgets for years to come
Big capital increase for SBS Bank as it seeks to continue growing lending faster than overall market growth
29th May 24, 10:04am
Big capital increase for SBS Bank as it seeks to continue growing lending faster than overall market growth
ASB survey shows more people are expecting interest rates to fall but they remain uncertain about prices and whether it's a good time to buy
29th May 24, 5:00am
40
ASB survey shows more people are expecting interest rates to fall but they remain uncertain about prices and whether it's a good time to buy
Unlike other recent Reserve Bank no-change OCR events, the latest one has brought rising wholesale rate pricing, more in line with what happened when the OCR was increased
27th May 24, 4:09pm
2
Unlike other recent Reserve Bank no-change OCR events, the latest one has brought rising wholesale rate pricing, more in line with what happened when the OCR was increased
[updated]
Two banks reverse the down-trend and offer higher nine and 12 month term deposit rates. But Westpac cuts back
27th May 24, 6:03am
15
Two banks reverse the down-trend and offer higher nine and 12 month term deposit rates. But Westpac cuts back
Headline inflation should still hit the target band this year as the RBNZ has brought balance back to most parts of the economy, chief economist Paul Conway says
26th May 24, 6:00am
73
Headline inflation should still hit the target band this year as the RBNZ has brought balance back to most parts of the economy, chief economist Paul Conway says
Reserve Bank considered lifting interest rates to offset a decline in productivity which is making inflation worse
23rd May 24, 6:00am
73
Reserve Bank considered lifting interest rates to offset a decline in productivity which is making inflation worse
Everyone wants to know when the RBNZ will cut the OCR, but the central bank's likely to want to give as few clues as possible at its latest OCR review in the coming week
19th May 24, 6:01am
106
Everyone wants to know when the RBNZ will cut the OCR, but the central bank's likely to want to give as few clues as possible at its latest OCR review in the coming week
While most borrowers are focused on 6 and 12 month fixed mortgage rates, there is suddenly more competition among banks at the three year fixed rate level. It might make sense to consider that option
16th May 24, 9:22am
11
While most borrowers are focused on 6 and 12 month fixed mortgage rates, there is suddenly more competition among banks at the three year fixed rate level. It might make sense to consider that option
[updated]
With the shift lower by the last major Aussie bank now complete, we look at whether it is better to take the new lower short home loan rates, or go for the much lower longer term rates
14th May 24, 8:50am
15
With the shift lower by the last major Aussie bank now complete, we look at whether it is better to take the new lower short home loan rates, or go for the much lower longer term rates
Influential RBNZ survey shows another decisive drop in the expectation of future levels of inflation in a result that will give the RBNZ comfort ahead of its Official Cash Rate decision next week
13th May 24, 3:41pm
21
Influential RBNZ survey shows another decisive drop in the expectation of future levels of inflation in a result that will give the RBNZ comfort ahead of its Official Cash Rate decision next week
Kiwibank takes its carded one year home loan rate below 7%, the first time any main bank has offered a rate that low for that term in 10 months, cuts key term deposit rates at the same time
13th May 24, 8:46am
19
Kiwibank takes its carded one year home loan rate below 7%, the first time any main bank has offered a rate that low for that term in 10 months, cuts key term deposit rates at the same time
Westpac follows two rivals with some matching rate cuts, but goes lower with a three year home loan rate. And it offers savers a higher nine month term deposit rate
10th May 24, 12:04pm
5
Westpac follows two rivals with some matching rate cuts, but goes lower with a three year home loan rate. And it offers savers a higher nine month term deposit rate
[updated]
ASB adjusts its home loan rate card lower as wholesale rates ease, keeping its short fixed rates competitive, but not undercutting is main rival. ASB has trimmed TD rates too
8th May 24, 8:06am
16
ASB adjusts its home loan rate card lower as wholesale rates ease, keeping its short fixed rates competitive, but not undercutting is main rival. ASB has trimmed TD rates too
[updated]
ANZ takes -10 bps off some key home loan and term deposit rates. In fact, ANZ has all but one of its TD rate in this rate cycle below 6%. It is a clear signal that retail interest rates are passing their peak
2nd May 24, 7:39pm
24
ANZ takes -10 bps off some key home loan and term deposit rates. In fact, ANZ has all but one of its TD rate in this rate cycle below 6%. It is a clear signal that retail interest rates are passing their peak
Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
1st May 24, 3:56pm
7
Softer labour market data won’t be enough to make the RBNZ cut the OCR before late 2024 or 2025, bank economists say
[updated]
The Reserve Bank says financial stress is building from very low levels with particular pressure on the commercial property sector
1st May 24, 11:08am
23
The Reserve Bank says financial stress is building from very low levels with particular pressure on the commercial property sector
Kenneth Rogoff welcomes economists' recent reassessment of the costs and benefits of public borrowing
30th Apr 24, 4:47pm
4
Kenneth Rogoff welcomes economists' recent reassessment of the costs and benefits of public borrowing
Household living costs rise 6.2% as interest payments, the cost of insurance & transport costs such as petrol climb, Statistics NZ says
29th Apr 24, 1:44pm
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Household living costs rise 6.2% as interest payments, the cost of insurance & transport costs such as petrol climb, Statistics NZ says
Heartland Bank's latest rise in its carded fixed home loan rates still leaves it with some of the lowest rates in the market. The approaching May selling period is the last main chance for banks to meet their lending targets this budget year
24th Apr 24, 10:25am
14
Heartland Bank's latest rise in its carded fixed home loan rates still leaves it with some of the lowest rates in the market. The approaching May selling period is the last main chance for banks to meet their lending targets this budget year
What if the Reserve Bank of Australia itself has been feeding inflation? An economist explains
24th Apr 24, 9:12am
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What if the Reserve Bank of Australia itself has been feeding inflation? An economist explains
Challenger bank SBS jumps into the mortgage market with a big splash, aiming to snare an outsized share of deals as the real estate market winds down for the summer/autumn season
19th Apr 24, 3:18pm
18
Challenger bank SBS jumps into the mortgage market with a big splash, aiming to snare an outsized share of deals as the real estate market winds down for the summer/autumn season
Richard Werner argues the Bank of Japan raising interest rates for the first time in 17 years was a move to support the US dollar
19th Apr 24, 11:34am
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Richard Werner argues the Bank of Japan raising interest rates for the first time in 17 years was a move to support the US dollar
As the prospect of OCR rate cuts fade and global forces and local inflation push up wholesale interest rates, ASB trims its key term deposit rate offers
18th Apr 24, 10:07am
26
As the prospect of OCR rate cuts fade and global forces and local inflation push up wholesale interest rates, ASB trims its key term deposit rate offers
Alan Shipman argues the idea US interest rates will stay higher for longer is probably wrong
16th Apr 24, 10:07am
4
Alan Shipman argues the idea US interest rates will stay higher for longer is probably wrong