In this section
Offers for readers
Follow the news from interest
Finance sector jobs
Lead from the front utilising your strategic, technical and leadership qualities within th...more
New Zealand
Lead from the front utilising your technical expertise in this highly attractive senior li...more
New Zealand
Customer focus, high performance, exceeding client expectations and achieving profitable g...more
New Zealand
Key leadership position in the bank. Be a part of one of the fastest growing banks in New ...more
New Zealand

The news stream
Latest news
Most commented
- Fonterra to tighten TAF rules 67
- Govt eyes NZ$1.4b revenue grab 58
- English defends current account blowout 56
- 90 seconds at 9 am 51
- BNZ cuts most fixed mortgage rates 48
- 90 seconds at 9 am 43
- Thursday's Top 10 with NZ Mint 38
- Budget 2012 reactions 36
- Budget tax moves to target high income NZers 29
- Wednesday's Top 10 with NZ Mint 24
Most viewed
Thursday term deposit rate changes (Rabo, ASB, UDC)
Raboplus, ASB and UDC made changes to term deposit rates on Thursday morning, with Rabo raising its one and two year deposit rates by 10 and 20 basis points (bps), respectively, but lowering three, four and five year rates by 5, 10 and 25 bps, respectively. ASB lowered its nine month term deposit rate from its fighting rate of 4.75% down to 4.40%. Earlier in the week ASB raised its five month term deposit rate to 4.60%, with the action in the currently focused around the four to six month deposit market. UDC also announced a number of deposit rate changes. For deposits over NZ$100,000 it lowered its one, two and three month rates by 10, 10 and 25 bps, respectively, while raising its four, five and 18 month rates by 10, 20 and 20 bps, respectively. For the NZ$5,000 tier, UDC lowered its three month rate by 15 bps, and raised four, five and 18 month rates by 10, 20 and 20 bps, respectively. See all term deposit rates for terms less than one year here, and terms one year and greater here.
The comment stream
Recent comments
See more
Editors choice