Interest rates
[updated]
Savers are increasing balances at banks at almost twice the rate borrowers are taking out loans. Banks are under no pressure and are trimming TD rates in small amounts regularly now
27th Mar 25, 10:01am
Savers are increasing balances at banks at almost twice the rate borrowers are taking out loans. Banks are under no pressure and are trimming TD rates in small amounts regularly now
With the first quarter of the year nearly gone, and with GDP having returned to growth, David Hargreaves has a quick check on the economy's pulse
26th Mar 25, 1:08pm
6
With the first quarter of the year nearly gone, and with GDP having returned to growth, David Hargreaves has a quick check on the economy's pulse
Economists don't see the upside surprise to the latest quarterly GDP figures as derailing likely Official Cash Rate cuts in each of the next two RBNZ reviews - but beyond that there's question marks over what comes next
24th Mar 25, 2:42pm
1
Economists don't see the upside surprise to the latest quarterly GDP figures as derailing likely Official Cash Rate cuts in each of the next two RBNZ reviews - but beyond that there's question marks over what comes next
Housing now considered affordable in most parts of the country but major pressure points remain for first home buyers in Auckland, Tauranga, Kapiti Coast and Queenstown
22nd Mar 25, 9:00am
4
Housing now considered affordable in most parts of the country but major pressure points remain for first home buyers in Auckland, Tauranga, Kapiti Coast and Queenstown
Patrick Watson of Mauldin Economics says talk of a US recession is now everywhere having seemed unlikely three months ago
19th Mar 25, 9:59am
17
Patrick Watson of Mauldin Economics says talk of a US recession is now everywhere having seemed unlikely three months ago
Latest monthly RBNZ figures show owner-occupiers were still overwhelmingly 'going short' in January with their new mortgage commitments
10th Mar 25, 3:39pm
1
Latest monthly RBNZ figures show owner-occupiers were still overwhelmingly 'going short' in January with their new mortgage commitments
Bank of England’s Catherine Mann and RBNZ’s Paul Conway say raising and cutting interest rates quickly was the right thing to do during the crisis
8th Mar 25, 9:30am
8
Bank of England’s Catherine Mann and RBNZ’s Paul Conway say raising and cutting interest rates quickly was the right thing to do during the crisis
A surge in non-performing mortgage loans is a reminder that even though interest rates are now falling, this is not necessarily going to lift the economy as quickly as we would hope
7th Mar 25, 5:00am
29
A surge in non-performing mortgage loans is a reminder that even though interest rates are now falling, this is not necessarily going to lift the economy as quickly as we would hope
The Reserve Bank is clearing the way for further interest rate falls, which should spark the economy again. But when and how quickly? David Hargreaves has a look at how things are tracking
2nd Mar 25, 6:30am
19
The Reserve Bank is clearing the way for further interest rate falls, which should spark the economy again. But when and how quickly? David Hargreaves has a look at how things are tracking
House prices are unlikely to surge as long-term interest rates remain steady despite cuts to the Official Cash Rate, Treasury’s chief economist says
27th Feb 25, 5:00am
116
House prices are unlikely to surge as long-term interest rates remain steady despite cuts to the Official Cash Rate, Treasury’s chief economist says
Capital Economics revises down its forecast for the NZ dollar this year and sticks to its view the Reserve Bank will need to cut the OCR further than currently expected
26th Feb 25, 9:51am
24
Capital Economics revises down its forecast for the NZ dollar this year and sticks to its view the Reserve Bank will need to cut the OCR further than currently expected
[updated]
Kiwibank leads in cutting mortgage test rate following last week's OCR cut, increasing borrowing power
25th Feb 25, 10:30am
22
Kiwibank leads in cutting mortgage test rate following last week's OCR cut, increasing borrowing power
[updated]
Another week, more term deposit rate cuts led by some large & some challenger banks. The arrival of sub-4% rates spread, and rate inversions narrow
24th Feb 25, 11:22am
7
Another week, more term deposit rate cuts led by some large & some challenger banks. The arrival of sub-4% rates spread, and rate inversions narrow
People generally optimistic about house price gains but are less confident than they were a year ago - ASB Housing Confidence Survey
24th Feb 25, 5:00am
26
People generally optimistic about house price gains but are less confident than they were a year ago - ASB Housing Confidence Survey
Statistics NZ says people have been spending a higher proportion of their money on housing costs than they did in the past
20th Feb 25, 12:03pm
45
Statistics NZ says people have been spending a higher proportion of their money on housing costs than they did in the past
[updated]
The ground is about to sink faster for savers. ANZ brings back a TD rate starting with a '3', and now only one bank offers a rate starting with a '5'
20th Feb 25, 9:12am
23
The ground is about to sink faster for savers. ANZ brings back a TD rate starting with a '3', and now only one bank offers a rate starting with a '5'
The Reserve Bank will cut the Official Cash Rate more quickly than expected as it predicts a rapid return to economic equilibrium
20th Feb 25, 8:00am
48
The Reserve Bank will cut the Official Cash Rate more quickly than expected as it predicts a rapid return to economic equilibrium
[updated]
Reserve Bank cuts OCR to 3.75% and indicates room for more cuts than earlier forecast this year; economists say 'we are all on the same page now'
19th Feb 25, 2:14pm
90
Reserve Bank cuts OCR to 3.75% and indicates room for more cuts than earlier forecast this year; economists say 'we are all on the same page now'
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
Federated Farmers survey shows 'a significant shift in the mood of rural New Zealand'
19th Feb 25, 11:14am
6
Federated Farmers survey shows 'a significant shift in the mood of rural New Zealand'
Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate strongly agree the OCR will be cut 50 basis points this week - but there's a diversity of views on what should come next
17th Feb 25, 11:47am
16
Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate strongly agree the OCR will be cut 50 basis points this week - but there's a diversity of views on what should come next
A 50-point cut to the Official Cash Rate is a near certainty in the coming week, so attention will quickly turn to whatever signals the Reserve Bank may give about further cuts
16th Feb 25, 6:30am
92
A 50-point cut to the Official Cash Rate is a near certainty in the coming week, so attention will quickly turn to whatever signals the Reserve Bank may give about further cuts
Dean Attewell suggests managing interest rates, mandatory retirement deductions and immigration in tandem to create a more balanced and sustainable housing market
15th Feb 25, 9:25am
81
Dean Attewell suggests managing interest rates, mandatory retirement deductions and immigration in tandem to create a more balanced and sustainable housing market
[updated]
Influential RBNZ survey has shown drops in the expectations of the future levels of inflation in a move that will give the central bank comfort ahead of its first Official Cash Rate decision of the year next week
13th Feb 25, 3:24pm
40
Influential RBNZ survey has shown drops in the expectations of the future levels of inflation in a move that will give the central bank comfort ahead of its first Official Cash Rate decision of the year next week
Latest monthly RBNZ figures show sharp drops in what customers were paying on new mortgage rates in the second half of last year - but the bank yields on existing mortgages are falling only very slightly
12th Feb 25, 9:00am
4
Latest monthly RBNZ figures show sharp drops in what customers were paying on new mortgage rates in the second half of last year - but the bank yields on existing mortgages are falling only very slightly