Term Deposit Rates
Treasury raises Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers, their first rise in three years
1
Treasury raises Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers, their first rise in three years
We update where term deposit rates have moved to over the past two months, noting changes are lagging home loan rate rises
We update where term deposit rates have moved to over the past two months, noting changes are lagging home loan rate rises
Even though there have only been sporadic term deposit rate changes over the past month, the slow but steady shifts have opened up interesting variations between financial institutions
2
Even though there have only been sporadic term deposit rate changes over the past month, the slow but steady shifts have opened up interesting variations between financial institutions
We look at the 2026 shifts in fixed home loan rates - all rises - and assess whether the cost drivers justify these increases
6
We look at the 2026 shifts in fixed home loan rates - all rises - and assess whether the cost drivers justify these increases
Although term deposit rate changes have lagged wholesale and mortgage rate rises, there's been a steady stream of them, shifting where you can find the highest rates
2
Although term deposit rate changes have lagged wholesale and mortgage rate rises, there's been a steady stream of them, shifting where you can find the highest rates
Since Depositor Compensation Scheme launch residential mortgage lending by finance companies is up over 30%, Reserve Bank says
2
Since Depositor Compensation Scheme launch residential mortgage lending by finance companies is up over 30%, Reserve Bank says
The shifting sands of term deposit rate offers sees short rates rise above 3% with rises concentrated in the one year-plus terms, and very long rates at or over 5% again
The shifting sands of term deposit rate offers sees short rates rise above 3% with rises concentrated in the one year-plus terms, and very long rates at or over 5% again
Household term deposit balances have flat-lined since early 2024. But now that bank offer rates are rising, with 4%-plus rates even offered by some main banks, will that encourage savers to move back?
6
Household term deposit balances have flat-lined since early 2024. But now that bank offer rates are rising, with 4%-plus rates even offered by some main banks, will that encourage savers to move back?
Term deposit rates are moving off their recent lows with 4%+ rates starting to spread. Surprisingly the major banks are at the forefront of the rises
1
Term deposit rates are moving off their recent lows with 4%+ rates starting to spread. Surprisingly the major banks are at the forefront of the rises
After three straight years of building back term deposit balances, savers took a break in 2025. Lower rate offers and better alternatives caused the pause
After three straight years of building back term deposit balances, savers took a break in 2025. Lower rate offers and better alternatives caused the pause
[updated]
The year is ending with selected banks raising longer term deposit rates. The latest is state-owned Kiwibank whose one year TD rate now easily eclipses their big Aussie bank rivals
The year is ending with selected banks raising longer term deposit rates. The latest is state-owned Kiwibank whose one year TD rate now easily eclipses their big Aussie bank rivals
We go hunting for the reasons fixed home loan rates have not followed the OCR down. Although these reasons are somewhat technical, they are real and may well indicate that fixed mortgage rates are about to go up
10
We go hunting for the reasons fixed home loan rates have not followed the OCR down. Although these reasons are somewhat technical, they are real and may well indicate that fixed mortgage rates are about to go up
Not much cheer for savers as 2025 heads towards its end, with term deposit rates being lowered by some, and soft everywhere
1
Not much cheer for savers as 2025 heads towards its end, with term deposit rates being lowered by some, and soft everywhere
In granular analysis, we show the rate offer moves lower for savers have been faster than for borrowers. But the size of the shift might surprise you, with at least 3 interesting out-takes from this analysis
6
In granular analysis, we show the rate offer moves lower for savers have been faster than for borrowers. But the size of the shift might surprise you, with at least 3 interesting out-takes from this analysis
Savers are being forced to contemplate after-tax returns from term deposits that come in sharply less than inflation and don't keep up with household living cost rises
18
Savers are being forced to contemplate after-tax returns from term deposits that come in sharply less than inflation and don't keep up with household living cost rises