HOT TOPICS:   Migration  |  Mortgages   | Inflation                                                   RESOURCES:    Economic calendar   |   Term deposit calculator

Find your KiwiSaver fund

The comment stream

Recent comments

Reader poll

In your opinion, what's the last thing someone should borrow money to pay for?

Choices

Saving news

Posted in Personal Finance

What happened Friday

A review of things you need to know before you go home on Friday; BNZ special, record deficit, unhappy staff at ANZ, Heartland loses a top official, high LVR lending jumps, swap rates rise and steepen

What happened Thursday

A review of things you need to know before you go home on Thursday; FMA warning, massive housing value surge, another housing Accord, expanding dairying, sharp falls in swap rates and the NZD

What happened Wednesday

Updated
A review of things you need to know before you go home on Wednesday; more mortgage rate cuts, seeking more migrants, fatter home loans, more rail riders, Cullen fund managers underpaid

My favourite topic – your golden watch

Elizabeth Kerr says achieving your own golden watch is the penultimate in financial security

Harmoney attracts New York backer

Blue Elephant Capital Management to lend US$50 mln through NZ P2P lender Harmoney over 2 years, Says NZ in need of well-priced capital

What happened Tuesday

Updated
A review of things you need to know before you go home on Tuesday; record migrant arrivals, higher credit card debt, China growth still strong, swap rates fall

What happened Monday

A review of things you need to know before you go home on Monday; mortgage rates drop, LGFA rating support, housing politics, jump in rentals, jump in swaps, NZD holds

What happened Friday

A review of things you need to know before you go home on Friday; cleaner trucks, fewer on benefits, swap rates rebound, bankruptcies drop

Introducing Elizabeth Kerr

New columnist Elizabeth Kerr outlines how and why she will be writing about money and how to accumulate it

BNZ raises term deposit rates

Updated
A rise of four key term deposit rates by BNZ brings them more into line with other banks, but none are market leading. Cuts some key saver account rates

What happened Thursday

A review of things you need to know before you go home on Thursday; drama in the interest rate swap markets, jobs lost and gained, factories humming, NZD strengthens

What happened Wednesday

A review of things you need to know before you go home on Wednesday; BNZ cuts mortgage rates, Chinese inflation slows, Aussie mortgage risks low but rising, wholesale interest rates sink further

Ombudsman sees rise in credit card cases

Banking Ombudsman sees big rise in AML, KiwiSaver cases as annual payouts to bank customers drop 40%

Rabobank NZ faces credit rating downgrade

Updated
S&P likely to drop Rabobank NZ long-term credit rating one notch to A+ after end of Dutch parent's unconditional guarantee; NZ CEO says bank has outgrown the need for a parental guarantee

What happened Tuesday

A review of things you need to know before you go home on Tuesday; NZD dollar trading surges, only one SCF director guilty, farmers reject wool levy, wholesale interest rates fall, NZD rises

'All investment comes with some risk'

Majority of respondents to FMA survey erroneously think NZ bank deposits are guaranteed

What happened Monday

Updated
A review of things you need to know before you go home on Monday; cheaper food, house prices moderate, wholesale money costs fall, China's impressive September trade, NZD rises

What happened Friday

A review of things you need to know before you go home on Friday; ANZ raises credit card interest rates, dairy prices keep drifting lower, tourists keep coming, swap rates keep falling

What happened Thursday

A review of things you need to know before you go home on Thursday; Truckometer sees no problems, electronic card activity up, linkers popular, ANZ strike on, NZD up strongly, swap rates down again

What happened Wednesday

A review of things you need to know before you go home on Wednesday; record beef prices, new Wtgn quake faultline, fewer home loan approvals, Dunedin borrows $70 mln, swap rates fall