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Term deposits
Mortgages
Savings

Term deposits

Institution	Term	Percentage
RaboDirect	12 months	4.10%
Kookmin	3 months	3.20%
Wairarapa	12 months	3.00%
Prometheus	12 months	3.50%
Heretaunga	3 months	3.60%

Mortgages

Institution	Term	Percentage
FinanceDirect	5 years fixed	7.40%
Baywide CU	1 year fixed	5.45%
Nelson BS	1 year fixed	5.95%
Fidelity Life	2 years fixed	6.35%
Housing NZ	5 years fixed	6.50%

Savings

Institution	Type	Percentage
RaboDirect	PremiumSaver	4.25%
Nelson BS	On Call	3.20%
Heretaunga	On Call	3.00%
Napier BS	On Call	3.00%
CU Baywide	Online Saver	3.50%

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The comment stream

Recent comments
Editors choice

Recent comments

Except wages have not yet either. yes maniacal is indeed a good choice of words IMHO, it isnt justified and...

steven on: Act now on house prices

I think there is a rule in the IRD book that says if you structure your business or part of it purely to...

steven on: Act now on house prices

Not maniacal increase. Making up for 5 years of stagnation.

kimy on: Act now on house prices

Roelof, the concept is very simple. Credit is a drug. The banks are the drug pushers. The public are the...

kimy on: Act now on house prices

If you try and stop non residents from buying properly all they will do is incorporate a company to do...

Patricia on: Act now on house prices

Oh, peachy. Artificially cheap housing finance, supplied to anyone who can simultaneously provide...

waymad on: No-deposit, low interest, loans for Maori

pdk, This is the part of your narrative that I suspect you are most on top of, so am interested. Am slightly...

Stephen L on: Thursday's Top 10

Boatman - sounds good on the face of it, but Kiwibank isn't even in the frame to win this business, its...

Grant A on: Govt banking business up for grabs

.

Grant A on: Kiwibank increases 2-year rate

Boatman - don't be mistaken, the NZD is down, and going lower, not because of a GDP number, but on the...

Grant A on: NZ GDP weaker than forecast in Q1

Editors choice

"It is a supply issue – but not supply of property, but rather...

waymad on: Thursday's Top 10

Gareth Morgan's back. Was wondering where he had gotten to. Been too quiet...

iconoclast on: Thursday's Top 10

In a somewhat perverse way this is actually good news , it will hopefully...

Boatman on: NZ GDP weaker than forecast in Q1

Roeloff, Simon and Happy123 have made some very valid points above. A good...

notaneconomist on: Act now on house prices

Definitely a three-legged race to the finish line in 2014, with Normal Russian...

waymad on: Greens drop money printing plan

Interesting question Factboy If you wish to open an account with ANY financial...

iconoclast on: Tuesday's Top 10

Since when has it been the bank's fault if a customer spends money they don...

Stanley Pointen on: 'Mathematical calculations back up fees' -ANZ

The un-asked, un-touched, un-mentionable, un-answered question is :- Are...

iconoclast on: More house price gains seen

Nice effort Tony. How many bags of rice have you got stored at the moment? A...

raf on: Alexander's housing solution

and the dutch story is very similar, yet they are not a PIIGS. After a housing...

steven on: Friday's Top 10 at 10

Reader poll

Which 1 of BNZ chief economist Tony Alexander's 8 ideas for tackling the over-heating housing market do you like best?

Choices

Initiate a large builder training programme targeting not just youth but low skilled migrants.

Ban councils from imposing any development fees and allow developers to instal their own infrastructure.

Create an SOE whose sole purpose is to undercut existing building materials suppliers.

Initiate a new large state house building programme relying largely on the to be created new carpenters etc.

Ban house sales to non-residents.

Impose a tax on all houses owned by Kiwis offshore with the aim of encouraging them to sell them.

Put in place a capital gains tax on 2nd properties and farmland and immediately payable stamp duty for all 2nd house purchases.

Rezone all land within 10-20 kilometres of existing city boundaries as residential.

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The news stream

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Offers for readers

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'It's hard to find any negatives' Currencies
20 Jun 13, 2:31pm Gareth Vaughan 9

Roger J Kerr on today's GDP surprise, the Fed's potential QE tapering, the OCR outlook, NZ$ outlook & why borrowers should fix their mortgages

Thursday's Top 10 Updated Opinion
20 Jun 13, 12:21pm Bernard Hickey 25

Bernanke comes out 'all guns blazing'; Gareth Morgan on NZ's speculative property investment craze and the 'great Auckland sucking machine'; How to inhale alcohol; Dilbert

Govt banking business up for grabs News
20 Jun 13, 4:53pm Gareth Vaughan 2

Government issues discussion document on its banking needs; Says it now needs more than it's getting from its 24 year-old Westpac relationship

Kiwibank increases 2-year rate Property
20 Jun 13, 12:36pm David Hargreaves 1

Kiwibank raises its 2-year fixed mortgage rate to 5.45% from 5.25% in further sign cheap mortgages are on the way out

NZ GDP weaker than forecast in Q1 Updated Business
20 Jun 13, 11:01am Bernard Hickey 11

NZ GDP grew just 0.3% in Q1, weaker than the 0.5% growth economists and RBNZ had forecast; drought effects offset rebuild boost; NZ$ slides to near 1 year low

No-deposit, low interest, loans for Maori Property
20 Jun 13, 3:14pm David Hargreaves 5

Mana Party unveils policy for Maori first-time home buyers that would see the state provide low interest, no-deposit loans, with 10,000 new state houses a year

MIE makes first key appointment Rural News
20 Jun 13, 5:27pm Guest

Ross Hyland appointed to lead meat industry change by farmer lobby group

NZ banks to avoid 'too big to fail' demands Bonds
20 Jun 13, 5:02pm Gareth Vaughan

Reserve Bank says NZ's big 4 banks don't need to hold more capital than other banks despite their 'too big to fail' status

Taking the profit out of crime Currencies
20 Jun 13, 10:40am David Hargreaves 1

RBNZ says new anti-money laundering regime will enhance New Zealand's reputation on the global stage

Our regular reports

News Talks begin over Unitary Plan 1

News 90 seconds at 9 am: Bernanke speaks 8

Personal Finance Amanda's Take Five for Wednesday 2

Property Roost home loan affordability report for April 2

Editors picks

Opinion

What will become of Tiwai’s workers?

Benje Patterson says the economic viability of the Tiwai Point smelter has gone and we now need to help the workforce into new roles. Your view?

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Term Deposit rates

This is the average bank rate, for a deposit of $10,000. Data is sourced from our archived rates, as at 5pm each Friday.

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Comment of the Day

Editor's Choice
Readers' Choice

Editor's Choice

"It is a supply issue – but not supply of property, but rather supply of finance"...

by: waymad on: Thursday's Top 10

Do you agree?:

Readers' Choice

Providing services to humans - the basis of business. And making a profit in the process. What a scandalous proposition. Naughty potato farmers,...

Votes: 5

by: SK

on: Thursday's Top 10

Do you agree?:

KiwiSaver

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BNZ sweetens KiwiSaver deal

17 Jun 13, 11:33am, Craig Simpson

8 comments

After being late to the KiwiSaver party, BNZ to offer Fly Buys with its KiwiSaver Scheme

New retirement and financial literacy chief 13 Jun 13, 2:36pm 1
BNZ at $43.6m of KiwiSaver funds 12 Jun 13, 4:13pm 1
The great KiwiSaver switch-a-roo 10 Jun 13, 4:01pm 4
Another one bites the dust 07 Jun 13, 9:47am

Business

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Big benefits in getting to the 3rd platform

17 Jun 13, 10:55am, Andrew Patterson

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Andrew Patterson talks to IDC's Crawford Del Prete about how mobile is changing the world, and how more CEOs will come from IT

BNZ loans 2degrees $165 mln 19 Jun 13, 10:23am
No financial gain from Singapore scandal; ANZ 18 Jun 13, 4:18pm 2
New certainty coming for derivatives 17 Jun 13, 5:19pm 7
$600 million debt write-off 17 Jun 13, 9:53am 4

Bonds

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NZ banks to avoid 'too big to fail' demands

20 Jun 13, 5:02pm, Gareth Vaughan

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Reserve Bank says NZ's big 4 banks don't need to hold more capital than other banks despite their 'too big to fail' status

'It's hard to find any negatives' 20 Jun 13, 2:31pm 9
NZ Govt Bond tender number 497 results 20 Jun 13, 2:38pm
LGFA Bond tender number 13 results 20 Jun 13, 8:51am
NZ GDP weaker than forecast in Q1 20 Jun 13, 11:01am 11

Rural

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MIE makes first key appointment

20 Jun 13, 5:27pm, Guest

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Ross Hyland appointed to lead meat industry change by farmer lobby group

NZ GDP weaker than forecast in Q1 20 Jun 13, 11:01am 11
Farmers respond to an animal part found in PKE 20 Jun 13, 8:45am 3
Up, up and away with the internet 19 Jun 13, 9:00am 4
Farms well prepped for winter blast 19 Jun 13, 6:10pm

more

Personal Finance

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Lawyers targeting banks 'advertising for clients'

19 Jun 13, 3:22pm, Gareth Vaughan

6 comments

Senior lawyer warns ANZ customers enticed to class action of dangers of becoming a 'conduit for others to benefit' with long battle ahead

Amanda's Take Five for Wednesday 19 Jun 13, 11:14am 2
'Mathematical calculations back up fees' -ANZ 18 Jun 13, 9:39am 19
Amanda's Take Five for Monday 17 Jun 13, 1:53pm 1
The making of a multi-millionaire; part two 14 Jun 13, 12:17pm 10

Property

Subscribe to property news updates

Kiwibank increases 2-year rate

20 Jun 13, 12:36pm, David Hargreaves

1 comment

Kiwibank raises its 2-year fixed mortgage rate to 5.45% from 5.25% in further sign cheap mortgages are on the way out

No-deposit, low interest, loans for Maori 20 Jun 13, 3:14pm 5
Talks begin over Unitary Plan 20 Jun 13, 3:53pm 1
Lifestyle block sales volumes rising 18 Jun 13, 4:30pm 2
Auckland regeneration plan unveiled 18 Jun 13, 12:50pm 4

Currencies

Subscribe to currencies news updates

'It's hard to find any negatives'

20 Jun 13, 2:31pm, Gareth Vaughan

9 comments

Roger J Kerr on today's GDP surprise, the Fed's potential QE tapering, the OCR outlook, NZ$ outlook & why borrowers should fix their mortgages

NZ GDP weaker than forecast in Q1 20 Jun 13, 11:01am 11
NZ$ slammed after Fed announcement 20 Jun 13, 9:19am 1
US$ surges on US Fed announcement 20 Jun 13, 8:31am
Taking the profit out of crime 20 Jun 13, 10:40am 1