Credit Ratings
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
S&P Global Ratings sees more of the same from New Zealand's big four banks
[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
[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%
Banks keep chipping away at their term deposit rate offers, a trend likely to continue for a while yet. We reveal the reasons why
20th Sep 24, 11:42am
8
Banks keep chipping away at their term deposit rate offers, a trend likely to continue for a while yet. We reveal the reasons why
S&P says Aussie proposal to do away with banks' AT1 capital addresses systemic risks from the unique, big domestic retail investor base holding AT1 securities
20th Sep 24, 9:31am
S&P says Aussie proposal to do away with banks' AT1 capital addresses systemic risks from the unique, big domestic retail investor base holding AT1 securities
BNZ trims some short rates for savers, a signal there will be much more change coming for savers over the next nine months
13th Sep 24, 10:09am
3
BNZ trims some short rates for savers, a signal there will be much more change coming for savers over the next nine months
Key challenger bank bucks the falling rate trend for term deposit savers, raising two key rates to market-leading (or close) levels
6th Sep 24, 3:07pm
5
Key challenger bank bucks the falling rate trend for term deposit savers, raising two key rates to market-leading (or close) levels
More dotplots, this time for savers. And they tell a story of fast-retreating rate offers. Six percent has largely vanished, although if you are quick one or two can still be found
26th Aug 24, 2:57pm
6
More dotplots, this time for savers. And they tell a story of fast-retreating rate offers. Six percent has largely vanished, although if you are quick one or two can still be found
[updated]
Banks pull back more on 6% offers for terms less than one year, and draw term deposit rates for 4%+ into terms now ranging from 18 months
19th Aug 24, 12:12pm
9
Banks pull back more on 6% offers for terms less than one year, and draw term deposit rates for 4%+ into terms now ranging from 18 months
The Government's water reform policy may weaken LGFA’s financial stability and increase council borrowing costs, warns S&P
12th Aug 24, 3:11pm
27
The Government's water reform policy may weaken LGFA’s financial stability and increase council borrowing costs, warns S&P
The Coalition Government's water reforms enable council-controlled entities to borrow through LGFA and grant Commerce Commission extensive regulatory powers
8th Aug 24, 3:11pm
9
The Coalition Government's water reforms enable council-controlled entities to borrow through LGFA and grant Commerce Commission extensive regulatory powers
[updated]
Savers can expect to wave goodbye to 6% term deposit rates very soon. It is tougher to now earn a positive after-tax, after-inflation return - but still doable
8th Aug 24, 12:09pm
40
Savers can expect to wave goodbye to 6% term deposit rates very soon. It is tougher to now earn a positive after-tax, after-inflation return - but still doable
[updated]
The Red Bank raises some short term deposit rates by up to 20 basis points, and cuts some others by 20 basis points as banks continue adjusting their competitive positioning in response to weak conditions
30th Jul 24, 6:10pm
8
The Red Bank raises some short term deposit rates by up to 20 basis points, and cuts some others by 20 basis points as banks continue adjusting their competitive positioning in response to weak conditions
Fast falling interest rates are seeing major banks reduce term deposit offers. But not all banks are doing this. We reveal 9 banks still offering savers 6% or more
23rd Jul 24, 10:57am
53
Fast falling interest rates are seeing major banks reduce term deposit offers. But not all banks are doing this. We reveal 9 banks still offering savers 6% or more
[updated]
A cycle of term deposit rate cuts is starting, underpinned by falling international rates and weak local loan demand. That opens up variances and opportunities for savers who act quickly to exploit them
18th Jul 24, 9:21am
34
A cycle of term deposit rate cuts is starting, underpinned by falling international rates and weak local loan demand. That opens up variances and opportunities for savers who act quickly to exploit them
Savers should move quickly to capture term deposit specials before they expire. It seems likely that they won't be repeated any time soon
12th Jul 24, 10:11am
29
Savers should move quickly to capture term deposit specials before they expire. It seems likely that they won't be repeated any time soon
With loan demand softer than customer deposit growth, banks are now less likely to press for more customer funding. BNZ eases back on some above-rival term deposit rates
4th Jul 24, 10:02am
3
With loan demand softer than customer deposit growth, banks are now less likely to press for more customer funding. BNZ eases back on some above-rival term deposit rates
[updated]
Just as Kiwibank ends its good one year 'special' term deposit offer, BNZ jumps in with one of its own. Even higher rates are available from investment-grade rated others
19th Jun 24, 11:28am
19
Just as Kiwibank ends its good one year 'special' term deposit offer, BNZ jumps in with one of its own. Even higher rates are available from investment-grade rated others
S&P Global Ratings raises its issuer credit rating on Liberty Financial by one notch to BBB, matching a trio of challenger banks
31st May 24, 11:01am
1
S&P Global Ratings raises its issuer credit rating on Liberty Financial by one notch to BBB, matching a trio of challenger banks
Credit rating agency S&P Global Ratings says uncertainty surrounding Three Waters reform is weighing on councils' credit ratings
21st Feb 24, 6:51am
116
Credit rating agency S&P Global Ratings says uncertainty surrounding Three Waters reform is weighing on councils' credit ratings
[updated]
International credit rating agency S&P says repealing the Affordable Water Reforms could result in local government downgrades
21st Nov 23, 3:46pm
57
International credit rating agency S&P says repealing the Affordable Water Reforms could result in local government downgrades
Credit ratings agency S&P Global Ratings says NZ Post is facing 'ongoing structural decline' in its traditional business and will have reduced financial flexibility after sale of Kiwibank to the Crown
6th Oct 23, 12:36pm
Credit ratings agency S&P Global Ratings says NZ Post is facing 'ongoing structural decline' in its traditional business and will have reduced financial flexibility after sale of Kiwibank to the Crown
Credit rating agency S&P says Commerce Commission competition probe won't materially affect the major banks' market positions or profitability
31st Aug 23, 1:45pm
1
Credit rating agency S&P says Commerce Commission competition probe won't materially affect the major banks' market positions or profitability