Interest rates
SBS Bank has launched a 6% rate offer for a 12 month term deposit, the highest rate offer from any bank in 14 years
23rd Jan 23, 3:57pm
12
SBS Bank has launched a 6% rate offer for a 12 month term deposit, the highest rate offer from any bank in 14 years
Responding to recent changes in wholesale rate shifts, ASB has adjusted its mortgage rates, lifting some short term rates and cutting longer rates
23rd Jan 23, 8:48am
60
Responding to recent changes in wholesale rate shifts, ASB has adjusted its mortgage rates, lifting some short term rates and cutting longer rates
QV says home values fell nationally by an average of 10.3% last year - which was the largest drop in more than 15 years, but the market has not reached the bottom yet
20th Jan 23, 5:00am
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QV says home values fell nationally by an average of 10.3% last year - which was the largest drop in more than 15 years, but the market has not reached the bottom yet
[updated]
REINZ says December's sales plummeted nationally to the lowest in years at 4,336; national median price slipped over 12% for the year. In Auckland the fall was 18%. In Wellington 20%. House prices now down around 15% from November 2021 peak
18th Jan 23, 9:00am
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REINZ says December's sales plummeted nationally to the lowest in years at 4,336; national median price slipped over 12% for the year. In Auckland the fall was 18%. In Wellington 20%. House prices now down around 15% from November 2021 peak
[updated]
National's finance spokesperson scalds Government after long-running NZIER business survey records the weakest result in its history; ASB economists say economy has 'run into a brick wall'; BNZ economists see 'stagflation on steroids'
17th Jan 23, 10:23am
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National's finance spokesperson scalds Government after long-running NZIER business survey records the weakest result in its history; ASB economists say economy has 'run into a brick wall'; BNZ economists see 'stagflation on steroids'
Economist Brian Easton says the two most comprehensive forecasts of the New Zealand economy are by the Reserve Bank and the Treasury. They are especially important because they inform monetary and fiscal policy. What do they say?
16th Jan 23, 8:30am
13
Economist Brian Easton says the two most comprehensive forecasts of the New Zealand economy are by the Reserve Bank and the Treasury. They are especially important because they inform monetary and fiscal policy. What do they say?
Motu Executive Director and ex-RBNZ Assistant Governor John McDermott assesses the state of the local & international economies as 2022 hurtles towards 2023
21st Dec 22, 7:30am
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Motu Executive Director and ex-RBNZ Assistant Governor John McDermott assesses the state of the local & international economies as 2022 hurtles towards 2023
For the first time in years savers might see term deposit interest rates rising towards the inflation rate in 2023 as economic forces shift in their favour
16th Dec 22, 1:39pm
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For the first time in years savers might see term deposit interest rates rising towards the inflation rate in 2023 as economic forces shift in their favour
The fall in house prices since 2021's peak has helped first home buyers but rising interest rates mean home ownership is still a struggle for those on average wages
16th Dec 22, 10:28am
59
The fall in house prices since 2021's peak has helped first home buyers but rising interest rates mean home ownership is still a struggle for those on average wages
RBNZ Deputy Governor Christian Hawkesby says the only impact from higher interest rates so far is falling house prices and a cooling construction pipeline
14th Dec 22, 4:42pm
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RBNZ Deputy Governor Christian Hawkesby says the only impact from higher interest rates so far is falling house prices and a cooling construction pipeline
[updated]
Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party
13th Dec 22, 11:08am
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Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party
Forsyth Barr research analysts see five 'potential positive macro inflections' for a recovery in the second half of next year; namely — inflation, interest rates, GDP, house prices, and government
13th Dec 22, 9:51am
16
Forsyth Barr research analysts see five 'potential positive macro inflections' for a recovery in the second half of next year; namely — inflation, interest rates, GDP, house prices, and government
Kiwibank raises fixed home loan rates, adding impetus to key mortgage rates rising to 11-year highs. But no bank has yet followed wholesale rates into an inversion
9th Dec 22, 12:21pm
12
Kiwibank raises fixed home loan rates, adding impetus to key mortgage rates rising to 11-year highs. But no bank has yet followed wholesale rates into an inversion
[updated]
Reserve Bank of Australia sees more interest rate increases ahead, but says its course isn't pre-set
6th Dec 22, 4:43pm
10
Reserve Bank of Australia sees more interest rate increases ahead, but says its course isn't pre-set
BNZ chooses a lower rate track for its floating and fixed rate offers following last week's 75 basis points RBNZ OCR hike
6th Dec 22, 9:38am
8
BNZ chooses a lower rate track for its floating and fixed rate offers following last week's 75 basis points RBNZ OCR hike
Economist Brian Easton asks: Is leaving inflation fighting to the Reserve Bank all we can do?
5th Dec 22, 9:19am
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Economist Brian Easton asks: Is leaving inflation fighting to the Reserve Bank all we can do?
Putting a spotlight on the Reserve Bank's inflation fight with Fisher Funds Management's David McLeish
3rd Dec 22, 9:00am
20
Putting a spotlight on the Reserve Bank's inflation fight with Fisher Funds Management's David McLeish
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 5.2% in the year to October, which compares with double digit growth seen at the same time a year ago, and is the slowest rate of growth since 2015
30th Nov 22, 3:45pm
10
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 5.2% in the year to October, which compares with double digit growth seen at the same time a year ago, and is the slowest rate of growth since 2015
[updated]
Mixed in with ANZ's floating mortgage rate & term deposit rate hikes, are chunky fixed mortgage rate hikes too. But wholesale rates influential for fixed home loan rates are falling. Opportunities for borrowers are opening up
30th Nov 22, 12:13pm
90
Mixed in with ANZ's floating mortgage rate & term deposit rate hikes, are chunky fixed mortgage rate hikes too. But wholesale rates influential for fixed home loan rates are falling. Opportunities for borrowers are opening up
[updated]
Term deposit rates have jumped this week following the big OCR rise last week, and most banks are still yet to move up. But we suggest these recent rises lag what has been 'normal'. There is room for 'more' - but only if the general economy allows it
30th Nov 22, 7:29am
27
Term deposit rates have jumped this week following the big OCR rise last week, and most banks are still yet to move up. But we suggest these recent rises lag what has been 'normal'. There is room for 'more' - but only if the general economy allows it
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
36
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