sign up log in
Want to go ad-free? Find out how, here.

Interest rates

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
36
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
25
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
43
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
49
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
43
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
[updated]
ANZ first to react to the much higher wholesale swap rates flowing from the surprise CPI data. Bank raises fixed home loan rates by about +45 bps and term deposit rates by about +30 bps
19th Oct 22, 4:11pm
155
ANZ first to react to the much higher wholesale swap rates flowing from the surprise CPI data. Bank raises fixed home loan rates by about +45 bps and term deposit rates by about +30 bps
David Hargreaves says that as the Reserve Bank prepares for its last interest rate review of the year next month its credibility is facing a massive test
19th Oct 22, 2:01pm
64
David Hargreaves says that as the Reserve Bank prepares for its last interest rate review of the year next month its credibility is facing a massive test
All the wholesale signals point to a new round of fixed mortgage rate increases soon, even in a real estate market that's failing to fire this spring
18th Oct 22, 9:34am
60
All the wholesale signals point to a new round of fixed mortgage rate increases soon, even in a real estate market that's failing to fire this spring
ASB economists say there is likely 'more upside' to wholesale interest rates, while the odds of an economic 'soft landing' are shrinking
17th Oct 22, 2:23pm
110
ASB economists say there is likely 'more upside' to wholesale interest rates, while the odds of an economic 'soft landing' are shrinking
Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
13th Oct 22, 11:12am
117
Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
David Hargreaves sees increasing signs the Reserve Bank will have to either raise the Official Cash Rate by more than it wants to - or concede some ground to inflation
13th Oct 22, 7:48am
65
David Hargreaves sees increasing signs the Reserve Bank will have to either raise the Official Cash Rate by more than it wants to - or concede some ground to inflation
Latest survey of retailers shows a still significant number are unsure if their businesses will survive the next year
10th Oct 22, 10:34am
24
Latest survey of retailers shows a still significant number are unsure if their businesses will survive the next year
David Hargreaves tries to get a sense of where we are in the battle with inflation - and how much more the Reserve Bank might need to do
6th Oct 22, 1:12pm
70
David Hargreaves tries to get a sense of where we are in the battle with inflation - and how much more the Reserve Bank might need to do
Reserve Bank of Australia lifts cash rate 25 basis points as it assesses the outlook for inflation and economic growth
4th Oct 22, 4:50pm
42
Reserve Bank of Australia lifts cash rate 25 basis points as it assesses the outlook for inflation and economic growth
Latest NZIER Quarterly Survey of Business Opinion suggests that shortages for both skilled and unskilled labour are easing from the historically high levels of the past year
4th Oct 22, 10:31am
37
Latest NZIER Quarterly Survey of Business Opinion suggests that shortages for both skilled and unskilled labour are easing from the historically high levels of the past year
BNZ and Kiwibank raise fixed home loan rates in a restrained way, and join Westpac with a flatter rate card than both ANZ and ASB. The mortgage market now awaits the next RBNZ rate review
29th Sep 22, 9:36am
10
BNZ and Kiwibank raise fixed home loan rates in a restrained way, and join Westpac with a flatter rate card than both ANZ and ASB. The mortgage market now awaits the next RBNZ rate review
RBNZ figures show that first home buyers took 20.8% of the mortgage money advanced last month - the highest share since this data began being compiled in 2013
27th Sep 22, 3:29pm
17
RBNZ figures show that first home buyers took 20.8% of the mortgage money advanced last month - the highest share since this data began being compiled in 2013
First home buyers in Northland, Wellington, Nelson/Marlborough and Otago have benefitted the most from falling house prices
25th Sep 22, 6:00am
72
First home buyers in Northland, Wellington, Nelson/Marlborough and Otago have benefitted the most from falling house prices
ASB and HSBC are the next to raise mortgage rates following ANZ and Westpac. ANZ's lead has been justified by global wholesale rate moves following the US Fed signals and may indicate there is [much?] more to come
23rd Sep 22, 9:15am
81
ASB and HSBC are the next to raise mortgage rates following ANZ and Westpac. ANZ's lead has been justified by global wholesale rate moves following the US Fed signals and may indicate there is [much?] more to come
The first bank to take up some of the mortgage rate space offered by ANZ recently is Westpac. But Westpac has set its new rate card offers with some benefits, especially for the three year fixed rate
22nd Sep 22, 3:54pm
38
The first bank to take up some of the mortgage rate space offered by ANZ recently is Westpac. But Westpac has set its new rate card offers with some benefits, especially for the three year fixed rate
The super hot labour market is the biggest threat to the Reserve Bank's efforts to get inflation back under control. David Hargreaves has a crunch of some numbers
22nd Sep 22, 10:00am
89
The super hot labour market is the biggest threat to the Reserve Bank's efforts to get inflation back under control. David Hargreaves has a crunch of some numbers
We follow up our review of the impact of inflation on house price changes with charts for all the main urban centers. So far, inflation has hurt house prices the least in New Plymouth and Invercargill
21st Sep 22, 2:30pm
67
We follow up our review of the impact of inflation on house price changes with charts for all the main urban centers. So far, inflation has hurt house prices the least in New Plymouth and Invercargill
ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
21st Sep 22, 11:37am
33
ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
New Zealand's largest mortgage lender strikes out ahead of the pack with some sharp rate hikes for the most popular fixed home loan terms. They also make me-too term deposit rate changes
20th Sep 22, 5:38pm
169
New Zealand's largest mortgage lender strikes out ahead of the pack with some sharp rate hikes for the most popular fixed home loan terms. They also make me-too term deposit rate changes
David Hargreaves thinks the Reserve Bank will actually be very comfortable with the latest GDP data - even if economists are not
20th Sep 22, 12:11pm
27
David Hargreaves thinks the Reserve Bank will actually be very comfortable with the latest GDP data - even if economists are not