Interest rates
Assistant Governor Karen Silk explains what needs to happen for the Reserve Bank to moderate its hawkish monetary policy outlook
29th Nov 22, 12:54pm
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Assistant Governor Karen Silk explains what needs to happen for the Reserve Bank to moderate its hawkish monetary policy outlook
ANZ's economists now believe house prices will decline by 22% from last year's peak before bottoming out in the third quarter next year
29th Nov 22, 11:19am
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ANZ's economists now believe house prices will decline by 22% from last year's peak before bottoming out in the third quarter next year
RBNZ figures show first home buyers had their biggest share of the mortgage money advanced last month since the RBNZ started publishing the detailed information in 2014
24th Nov 22, 3:44pm
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RBNZ figures show first home buyers had their biggest share of the mortgage money advanced last month since the RBNZ started publishing the detailed information in 2014
Should the Reserve Bank lift the Official Cash Rate by 75 basis points on Wednesday it'll be the biggest one-off OCR increase to date
20th Nov 22, 7:00am
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Should the Reserve Bank lift the Official Cash Rate by 75 basis points on Wednesday it'll be the biggest one-off OCR increase to date
Kiwibank Chief Economist Jarrod Kerr on what needs to happen before the Reserve Bank takes its foot off the rate hike pedal
16th Nov 22, 10:42am
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Kiwibank Chief Economist Jarrod Kerr on what needs to happen before the Reserve Bank takes its foot off the rate hike pedal
BNZ economists say they think the Reserve Bank would 'prefer' to hike the OCR by just 50 basis points rather than the 75 that is widely expected in the markets
14th Nov 22, 2:46pm
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BNZ economists say they think the Reserve Bank would 'prefer' to hike the OCR by just 50 basis points rather than the 75 that is widely expected in the markets
Negative equity is looming for some home owners – but you only need to worry if you need to sell
14th Nov 22, 11:22am
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Negative equity is looming for some home owners – but you only need to worry if you need to sell
It will take a 'concerted effort' to squash wage-price spiral dynamics 'that are becoming ever more established' in New Zealand, ANZ economists say
14th Nov 22, 10:31am
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It will take a 'concerted effort' to squash wage-price spiral dynamics 'that are becoming ever more established' in New Zealand, ANZ economists say
In their quarterly economic outlook ANZ economists say the Reserve Bank 'should be worried' about how developed the wage price spiral has become
9th Nov 22, 2:13pm
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In their quarterly economic outlook ANZ economists say the Reserve Bank 'should be worried' about how developed the wage price spiral has become
David Hargreaves says as the Reserve Bank is forced to raise the Official Cash Rate higher than it intended, the stakes also get higher for our economy
9th Nov 22, 11:07am
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David Hargreaves says as the Reserve Bank is forced to raise the Official Cash Rate higher than it intended, the stakes also get higher for our economy
Influential RBNZ survey shows considerable rise in expectations of inflation in two years time, with a rate of 3.62%, and even the much longer-term expectations for five years and 10 years have risen above the RBNZ's explicit 2% target
8th Nov 22, 3:23pm
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Influential RBNZ survey shows considerable rise in expectations of inflation in two years time, with a rate of 3.62%, and even the much longer-term expectations for five years and 10 years have risen above the RBNZ's explicit 2% target
We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead
2nd Nov 22, 8:06am
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We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead
Reserve Bank of Australia hikes cash rate to 2.85%, says Aussie wage growth 'remains lower than in many other advanced economies'
1st Nov 22, 4:40pm
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Reserve Bank of Australia hikes cash rate to 2.85%, says Aussie wage growth 'remains lower than in many other advanced economies'
Following some unwise comments by its Group CEO as it announced a record giant profit, ANZ NZ has moved to ensure its term deposit offers are back at the top on the range in the local market
31st Oct 22, 7:54pm
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Following some unwise comments by its Group CEO as it announced a record giant profit, ANZ NZ has moved to ensure its term deposit offers are back at the top on the range in the local market
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 5.7% in the year to September, which compares with double digit growth seen at the same time a year ago
31st Oct 22, 3:44pm
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Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 5.7% in the year to September, which compares with double digit growth seen at the same time a year ago
RBNZ figures show that the amount advanced for mortgages in September was the lowest this year so far apart from January, while the amount charged in interest during the quarter climbed to over $3 billion for the first time since 2017
27th Oct 22, 3:38pm
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RBNZ figures show that the amount advanced for mortgages in September was the lowest this year so far apart from January, while the amount charged in interest during the quarter climbed to over $3 billion for the first time since 2017
[updated]
A 5% offer for a one year term deposit has burst on to the scene for savers, potentially up-ending the current rate cards of other banks. But despite this, TD rates have been rising anyway, and compared to home loan rates, aren't much out of line
27th Oct 22, 11:57am
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A 5% offer for a one year term deposit has burst on to the scene for savers, potentially up-ending the current rate cards of other banks. But despite this, TD rates have been rising anyway, and compared to home loan rates, aren't much out of line
Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries
27th Oct 22, 10:21am
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Adrian Orr says tensions between inflation and employment, rising interest rates and financial stability, monetary and long-term fiscal policy, geopolitical concerns and climate change are already testing political consensus within and between countries
[updated]
ANZ NZ annual profit surges 20% boosted by rising income and hedging gains
ANZ warns 'this is going to hurt' as it revises interest rate forecast higher
26th Oct 22, 3:51pm
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ANZ warns 'this is going to hurt' as it revises interest rate forecast higher
Independent economic researchers see global economy next year meeting the 'old' IMF description of a recession, while NZ's economy WILL tip into recession; house prices here down 25%
26th Oct 22, 10:38am
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Independent economic researchers see global economy next year meeting the 'old' IMF description of a recession, while NZ's economy WILL tip into recession; house prices here down 25%
[updated]
ASB and HSBC are the next to raise fixed home loan rates. A feature is the steepness of their hikes for terms of 4 and 5 years. Both raised TD rates too, with ASB matching Kiwibank with a 4.5% one year offer. BNZ raises rates too
26th Oct 22, 8:46am
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ASB and HSBC are the next to raise fixed home loan rates. A feature is the steepness of their hikes for terms of 4 and 5 years. Both raised TD rates too, with ASB matching Kiwibank with a 4.5% one year offer. BNZ raises rates too
Reserve Bank chief economist Paul Conway says 'tradeable', or imported, inflation has been 'our friend' in recent decades, but this era could be coming to an end
25th Oct 22, 2:55pm
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Reserve Bank chief economist Paul Conway says 'tradeable', or imported, inflation has been 'our friend' in recent decades, but this era could be coming to an end
Kiwibank is the next major bank to raised interest rates for both borrowers and savers, but because we are in the middle of a sharp global shift higher, New Zealand banks may have to move up again in the coming week or so
21st Oct 22, 9:31am
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Kiwibank is the next major bank to raised interest rates for both borrowers and savers, but because we are in the middle of a sharp global shift higher, New Zealand banks may have to move up again in the coming week or so
[updated]
Fixed home loan rate rises are spreading with another major mortgage lender pushing through big increases. But in the background the causes are rising even further, meaning this won't end soon
20th Oct 22, 3:51pm
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Fixed home loan rate rises are spreading with another major mortgage lender pushing through big increases. But in the background the causes are rising even further, meaning this won't end soon