Interest rates
David Hargreaves examines the apparently set path we are on to a series of interest rate reductions and wonders if there could yet be some potholes along the way
8th Sep 24, 6:30am
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David Hargreaves examines the apparently set path we are on to a series of interest rate reductions and wonders if there could yet be some potholes along the way
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
The Reserve Bank may pause OCR cuts in November to monitor the economy for a possible rebound in consumer demand as mortgage rates fall
4th Sep 24, 3:16pm
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The Reserve Bank may pause OCR cuts in November to monitor the economy for a possible rebound in consumer demand as mortgage rates fall
Opinions split about whether it's a good time to buy a house, ASB survey shows
4th Sep 24, 10:07am
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Opinions split about whether it's a good time to buy a house, ASB survey shows
Soaring levels of business confidence in the wake of interest rate cuts have got the economists wondering how quickly the country's economy might get rolling again
3rd Sep 24, 1:15pm
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Soaring levels of business confidence in the wake of interest rate cuts have got the economists wondering how quickly the country's economy might get rolling again
Households plunged an extra $2 billion into term deposits in July as they sought to take advantage of high interest rates ahead of anticipated reductions in the rates
2nd Sep 24, 11:56am
21
Households plunged an extra $2 billion into term deposits in July as they sought to take advantage of high interest rates ahead of anticipated reductions in the rates
HSBC economist Paul Bloxham is suggesting ways New Zealand could reclaim the former superstar status he bestowed upon us
28th Aug 24, 2:48pm
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HSBC economist Paul Bloxham is suggesting ways New Zealand could reclaim the former superstar status he bestowed upon us
In a new episode of our Of Interest podcast, Westpac's Imre Speizer explains the importance of swap rates & why interest rates are heading lower
27th Aug 24, 5:00pm
8
In a new episode of our Of Interest podcast, Westpac's Imre Speizer explains the importance of swap rates & why interest rates are heading lower
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
ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too
22nd Aug 24, 9:08am
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ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too
[updated]
ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows
19th Aug 24, 12:53pm
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ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows
[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
May’s hawkish stance hinged partly on incorrect GDP forecast, RBNZ Deputy Governor tells the Of Interest podcast
18th Aug 24, 11:00am
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May’s hawkish stance hinged partly on incorrect GDP forecast, RBNZ Deputy Governor tells the Of Interest podcast
David Hargreaves says it might be in everyone's best interests if the Reserve Bank finds a less blunt way of communicating its thoughts on the future levels of the Official Cash Rate
18th Aug 24, 6:30am
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David Hargreaves says it might be in everyone's best interests if the Reserve Bank finds a less blunt way of communicating its thoughts on the future levels of the Official Cash Rate
Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'
16th Aug 24, 4:07pm
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Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'
RBNZ Governor Adrian Orr rejects 'U-turn' label at Parliament committee, suggests lower rates could be passed through to the economy more quickly
15th Aug 24, 1:01pm
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RBNZ Governor Adrian Orr rejects 'U-turn' label at Parliament committee, suggests lower rates could be passed through to the economy more quickly
Reserve Bank’s early rate cut ends three years of tightening, signalling a major policy shift amid worsening economic conditions
15th Aug 24, 7:41am
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Reserve Bank’s early rate cut ends three years of tightening, signalling a major policy shift amid worsening economic conditions
[updated]
Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac
14th Aug 24, 2:17pm
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Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac
[updated]
Parliamentary banking probe to include looking at why banks favour housing lending over lending to 'the productive sector'; RBNZ role in focus too
14th Aug 24, 1:02pm
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Parliamentary banking probe to include looking at why banks favour housing lending over lending to 'the productive sector'; RBNZ role in focus too
[updated]
Income & net interest margin down with expenses up as ASB posts 7% drop in annual profit
14th Aug 24, 10:36am
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Income & net interest margin down with expenses up as ASB posts 7% drop in annual profit
NikkoAM's Fergus McDonald says as interest rates start tracking lower, bond investor smiles will widen. But returns in other sectors should improve too
13th Aug 24, 10:09am
NikkoAM's Fergus McDonald says as interest rates start tracking lower, bond investor smiles will widen. But returns in other sectors should improve too
TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves
13th Aug 24, 9:50am
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TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves
David Cunningham calls for an end to a consensus-based approach in RBNZ Monetary Policy Committee decision making, and more independent committee members
13th Aug 24, 9:15am
15
David Cunningham calls for an end to a consensus-based approach in RBNZ Monetary Policy Committee decision making, and more independent committee members
HSBC economist Paul Bloxham suggests the RBNZ's May Official Cash Rate guidance 'was not a genuine reflection of the central bank's reaction function'
12th Aug 24, 2:20pm
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HSBC economist Paul Bloxham suggests the RBNZ's May Official Cash Rate guidance 'was not a genuine reflection of the central bank's reaction function'
David Hargreaves previews the forthcoming OCR review in which all attention revolves around whether the Reserve Bank will stick to its own script - or acquiesce to the urgings of financial markets for cuts, not so much now, as YESTERDAY, please
11th Aug 24, 6:30am
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David Hargreaves previews the forthcoming OCR review in which all attention revolves around whether the Reserve Bank will stick to its own script - or acquiesce to the urgings of financial markets for cuts, not so much now, as YESTERDAY, please