TSB
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates at the same time
19th Feb 25, 2:05pm
56
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates at the same time
[updated]
TSB shines with a pre-RBNZ rate drop for fixed home loan rates, with their one year rate at a market leading level not seen since May 2023 from any other bank
18th Feb 25, 8:43am
13
TSB shines with a pre-RBNZ rate drop for fixed home loan rates, with their one year rate at a market leading level not seen since May 2023 from any other bank
Banks trim term deposit rate offers further with no main bank now offering a 5% rate
3rd Feb 25, 9:56am
5
Banks trim term deposit rate offers further with no main bank now offering a 5% rate
TSB Chairman and CEO bemoan regulatory capital advantages of big 4 banks in select committee hearing
31st Jan 25, 5:00am
5
TSB Chairman and CEO bemoan regulatory capital advantages of big 4 banks in select committee hearing
[updated]
Banks trim term deposit rate offers in slow and steady track, shortening the terms for where their peak rates are pitched. But there are exceptions and options
28th Jan 25, 9:41am
Banks trim term deposit rate offers in slow and steady track, shortening the terms for where their peak rates are pitched. But there are exceptions and options
Parliamentary banking competition probe hearings getting back under way
28th Jan 25, 6:41am
Parliamentary banking competition probe hearings getting back under way
Both ASB and Westpac follow up their home loan rate cuts with reduced rates for term deposit savers. Now three institutions (including these two) no longer offer any 5% rates
17th Jan 25, 2:33pm
9
Both ASB and Westpac follow up their home loan rate cuts with reduced rates for term deposit savers. Now three institutions (including these two) no longer offer any 5% rates
Term deposit savers are facing lower interest rates in 2025 from a number of factors, not the least of which is that banks face depressed lending opportunities. The DCS is also a factor
14th Jan 25, 10:26am
5
Term deposit savers are facing lower interest rates in 2025 from a number of factors, not the least of which is that banks face depressed lending opportunities. The DCS is also a factor
The relentless trimming of bank term deposit rate cards has most of them on the cusp of falling below 5% for all terms
12th Dec 24, 10:06am
43
The relentless trimming of bank term deposit rate cards has most of them on the cusp of falling below 5% for all terms
[updated]
With swap rates probably falling about as far as they will go, but more OCR cuts coming, saver preferences for short term deposits will likely mean they are facing sharply lower offer rates
4th Dec 24, 12:12pm
11
With swap rates probably falling about as far as they will go, but more OCR cuts coming, saver preferences for short term deposits will likely mean they are facing sharply lower offer rates
[updated]
Co-operative Bank moves first and big, immediately followed by Kiwibank. Co-op cuts -70 bps. Kiwibank also cuts the full -50 bps for savers, but Cooperative Bank tempers some of its cuts to savers
27th Nov 24, 2:13pm
6
Co-operative Bank moves first and big, immediately followed by Kiwibank. Co-op cuts -70 bps. Kiwibank also cuts the full -50 bps for savers, but Cooperative Bank tempers some of its cuts to savers
ASB and Kiwibank lead way in September quarter housing lending growth
27th Nov 24, 7:44am
ASB and Kiwibank lead way in September quarter housing lending growth
[updated]
With all the focus by home loan borrowers on short fixed rates (expecting rates to fall further soon), BNZ chops its six month fixed rate to under 6%, the lowest of any bank
21st Nov 24, 8:13am
23
With all the focus by home loan borrowers on short fixed rates (expecting rates to fall further soon), BNZ chops its six month fixed rate to under 6%, the lowest of any bank
Bank CEOs urge balance between regulation and innovation amid 'regulatory congestion' concerns
20th Nov 24, 7:42am
1
Bank CEOs urge balance between regulation and innovation amid 'regulatory congestion' concerns
[updated]
Savers suffer falling term deposit rate drift as a number of factors weigh on how banks set these rates
11th Nov 24, 9:41am
31
Savers suffer falling term deposit rate drift as a number of factors weigh on how banks set these rates
TSB launches 5.69% 'special offer' for one year fixed home loan rate, lower than any main bank's carded rate for that term
5th Nov 24, 9:37am
18
TSB launches 5.69% 'special offer' for one year fixed home loan rate, lower than any main bank's carded rate for that term
ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates
29th Oct 24, 9:57am
1
ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates
[updated]
New lows for key home loan rate offers keep coming, the latest from Kiwibank who had the market-leading position for the popular one year fixed rate. Then Heartland goes lower
29th Oct 24, 9:21am
17
New lows for key home loan rate offers keep coming, the latest from Kiwibank who had the market-leading position for the popular one year fixed rate. Then Heartland goes lower
[updated]
ASB cuts fixed mortgage rates, especially for the six month term, and cuts term deposit rates just as hard. Westpac cuts too
17th Oct 24, 8:24am
28
ASB cuts fixed mortgage rates, especially for the six month term, and cuts term deposit rates just as hard. Westpac cuts too
[updated]
More banks trim term deposit rate offers again - but amazingly there's still one offer in the market at a rate above 6%
16th Oct 24, 11:01am
10
More banks trim term deposit rate offers again - but amazingly there's still one offer in the market at a rate above 6%
[updated]
BNZ follows TSB with new lower home loan carded rates. It now leads the market. ANZ cuts too. We ask readers to update us with what they see in their banking apps
14th Oct 24, 5:04pm
51
BNZ follows TSB with new lower home loan carded rates. It now leads the market. ANZ cuts too. We ask readers to update us with what they see in their banking apps
[updated]
Carded one year home loan rates fall below 6% now as wholesale rates turn their attention to the next RBNZ move
11th Oct 24, 9:02am
36
Carded one year home loan rates fall below 6% now as wholesale rates turn their attention to the next RBNZ move
[updated]
While we await expected floating rate cuts, ASB has trimmed its fixed home loan rates. We ask readers to share actual banking app rate offers, to shine a light on an opaque corner of the mortgage market
9th Oct 24, 8:35am
44
While we await expected floating rate cuts, ASB has trimmed its fixed home loan rates. We ask readers to share actual banking app rate offers, to shine a light on an opaque corner of the mortgage market
Our largest bank restarts the home loan and term deposit rate reductions with cuts, to market-low levels, one week ahead of the upcoming OCR review
1st Oct 24, 6:07pm
42
Our largest bank restarts the home loan and term deposit rate reductions with cuts, to market-low levels, one week ahead of the upcoming OCR review
[updated]
Heartland signals to clients that it will launch sharp home loan reductions soon, reclaiming a market-leading rate position
27th Sep 24, 11:13am
9
Heartland signals to clients that it will launch sharp home loan reductions soon, reclaiming a market-leading rate position