Savers

As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment

As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment

Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term

Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term

ANZ pushes down term deposit rates, seemingly confident rivals will follow even though the gap with those rivals is unusually wide. Kiwibank follows with comprehensive cuts. Low loan demand bolsters their shift

ANZ pushes down term deposit rates, seemingly confident rivals will follow even though the gap with those rivals is unusually wide. Kiwibank follows with comprehensive cuts. Low loan demand bolsters their shift

New round of retail interest rate cuts starts, and it is savers who will be paying for the reductions in home loan rates. All the influences on wholesale rates are negative

New round of retail interest rate cuts starts, and it is savers who will be paying for the reductions in home loan rates. All the influences on wholesale rates are negative

What is and and isn’t covered under the deposit insurance scheme launching in July

What is and and isn’t covered under the deposit insurance scheme launching in July

Although most rate changes focused on home loan floating and savings account rates, there was a first trimming of term deposit rates by SBS Bank. They won't be the last

Although most rate changes focused on home loan floating and savings account rates, there was a first trimming of term deposit rates by SBS Bank. They won't be the last

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

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

ASB trims some home loan rates but these aren't significant or competitive. They also cut most key term deposit rates. The net effect is a margin gain

ASB trims some home loan rates but these aren't significant or competitive. They also cut most key term deposit rates. The net effect is a margin gain

A serious chunk of household deposits are sitting idly in household bank accounts. As much as $1 bln extra could be earned just by paying attention and 'doing something'

A serious chunk of household deposits are sitting idly in household bank accounts. As much as $1 bln extra could be earned just by paying attention and 'doing something'

Lower home loan rate offer changes are in a quiet phase and the background funding environment isn't opening many opportunities for banks to go much lower, meaning the next circuit breaker is hard to see

Lower home loan rate offer changes are in a quiet phase and the background funding environment isn't opening many opportunities for banks to go much lower, meaning the next circuit breaker is hard to see

More mortgage rate cuts by more banks shifts who has the lowest rates, as banks jockey for position in a very competitive marketplace because new loan growth is quite limited

More mortgage rate cuts by more banks shifts who has the lowest rates, as banks jockey for position in a very competitive marketplace because new loan growth is quite limited

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

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

ASB matches the new lower ANZ two year mortgage rates, and launches a low one year fixed rate (although not as low as Kiwibank). Now Westpac has cut too

ASB matches the new lower ANZ two year mortgage rates, and launches a low one year fixed rate (although not as low as Kiwibank). Now Westpac has cut too

We explore how the Deposit Compensation Scheme could allow savers to earn more term deposit interest by spreading investments among the covered institutions. The result: better than main bank returns

We explore how the Deposit Compensation Scheme could allow savers to earn more term deposit interest by spreading investments among the covered institutions. The result: better than main bank returns

Kiwibank has jumped to the head of the queue with its latest fixed home loan offers, targeting the most popular terms at the short end

Kiwibank has jumped to the head of the queue with its latest fixed home loan offers, targeting the most popular terms at the short end