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What happened Friday

A review of things you need to know before you go home on Friday; immigration pace picks up, job ad growth very localised, oil price dives, credit card use rises, swap rates jump and steepen

What happened Thursday

A review of things you need to know before you go home on Thursday; solid Q3 growth, FMA warning, new IRD powers, swap rates rise, NZD a little weaker

What happened Wednesday

A review of things you need to know before you go home on Wednesday; BOP surprise, dairy prices stop falling, more mortgages approved, swap rates lurch down again

What happened Tuesday

A review of things you need to know before you go home on Tuesday; houses more unaffordable, lower farm sales, more cows, fewer job losses, no surplus yet, Russia in crisis

What happened Monday

Updated
A review of things you need to know before you go home on Monday; HSBC cuts home loan rates, ASB cuts TD rates, growth downgraded, services strong, Xmas shopping rising, swaps fall & flatten

What happened Friday

Updated
A review of things you need to know before you go home on Friday; high pre-Christmas confidence, lower fx trading, no inflation, oil price falls further, NZD up

'Value transfer' from savers to borrowers expected

Interest rates, house prices, regulation, costs among the key focuses for banking in 2015, Co-operative Bank CEO Bruce McLachlan says

What happened Thursday

A review of things you need to know before you go home on Thursday; NZD rises on RBNZ MPS signals, Fonterra fights back, food prices low, little change in swap rates

What happened Wednesday

A review of things you need to know before you go home on Wednesday; payout cut, house prices rise, LGFA tender popular, Crown accounts struggle, swap rates down

What happened Tuesday

A review of things you need to know before you go home on Tuesday; a Foreign Buyers register?, Truckometer soft, hiring sentiment strong, eyes on Fonterra payout; oil exploration rush; NZD sinks

What happened Monday

A review of things you need to know before you go home on Monday; Slow start to Xmas for retailers, China gears up, NZX buys KiwiSaver provider, Invercargill stronger than Italy?

What happened Friday

A review of things you need to know before you go home on Friday; RaboDirect and Kiwibank cut rates, low yields spreading, swap rates fall, wholesale trade healthy

What happened Thursday

Updated
A review of things you need to know before you go home on Thursday; car flood, low Govt bond rates, high core funding ratio, Govt staffing 'stable', big home loan guarantee

What happened Wednesday

A review of things you need to know before you go home on Wednesday; UDC cuts rates, house prices rise, mortgage approvals jump, rents jump higher, building activity up, Australia disappoints

What happened Tuesday

A review of things you need to know before you go home on Tuesday; UDC shines, Turners absorbed, new local crude oil pumping, swap rates stop falling, NZD gains

What happened Monday

A review of things you need to know before you go home on Monday; retail rates fall, Treasury sees no hikes imminent, terms of trade descends, debtor students paying up, swap rates fall

ANZ cuts term deposit rates

New Zealand's biggest bank pulls back from all its market leading term deposit rates, sets new rates new bottom of competitive range

Lower fixed mortgage rates keep coming

Updated
ASB matches recent ANZ 'special' rate changes, reintroduces an 18 month 'special', now has market's lowest 18 month and 4 year home loan rates; BNZ raises its 3 yr rate

What happened Friday

A review of things you need to know before you go home on Friday; Big call on migrant levels, sharing a success story, consumer debt rising fast, swap rates fall & flatten

What happened Thursday

A review of things you need to know before you go home on Thursday; rising sea levels, big trade deficit, RBNZ hands off in October, swap rates keep falling, NZD keeps rising