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Reader poll

It will fall back to about A92 cents
32% (109 votes)
It will likely end up about where it is now around A97 cents
19% (65 votes)
It will overtake the Australian dollar and head towards A$1.02 or even higher
19% (65 votes)
It will hit parity A$1.00
17% (57 votes)
It will stop just short of parity at around A99 cents
13% (45 votes)
Total voters: 341

Where do you think the NZ dollar could end up against the Aussie dollar by the end of the year?

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Saving news

Posted in Personal Finance

What happened Thursday

A review of things you need to know before you go home on Thursday; visitors spend up large, RBNZ shames JPMorgan (sort of), RBNZ's review hits NZD, linker yield rises

What happened Wednesday

A review of things you need to know before you go home on Wednesday; TSB cuts td rates, jump in mortgage values, jump in median rents, Barfoot's prices ease, swap rates jump

What happened Tuesday

Updated
A review of things you need to know before you go home on Tuesday; SUV surge, WMP boosts commodity prices, AKL bubble bigger, waiting for RBA

What happened Monday

A review of things you need to know before you go home on Monday; Kiwibank meets market, terms of trade surprise, another kiwi at CBA, swaps soft, kiwi firm

What happened Friday

A review of things you need to know before you go home on Friday; approaching parity, lame consent levels, strong confidence levels, more water storage, rising swap rates

What happened Thursday

A review of things you need to know before you go home on Thursday; $4.70 confirmed, trade balance surprise, immigration surge, swap rates flatten, weak AUD promotes the kiwi

What happened Wednesday

A review of things you need to know before you go home on Wednesday; minimum wage rise, skimming alert, Aussies tackle foreign housing demand, swap rates fall again

What happened Tuesday

A review of things you need to know before you go home on Tuesday; SBS cuts TD rates, inflation expectations fall, 'hot' regional expansion, big Auckland re-zoning, swaps lower, NZD falls

What happened Monday

A review of things you need to know before you go home on Monday; Westpac cuts, credit card use revealed, Kiwibank's high leverage dividend plan, Heartland's low leverage result, swap rates rise

What happened Friday

A review of things you need to know before you go home on Friday; more mortgage 'specials', better Crown a/cs, record NZSF month, backup Kiwibank HQ, swap rates rise

Lessons from Portugal

Gareth Vaughan says the NZ Super Fund's Portuguese stoush is a timely reminder of how messy things can get when a bank fails

What happened Thursday

A review of things you need to know before you go home on Thursday; TD rates cut, Chinese New Year special, labour market momentum, PPI falls, consumers confident, swap rates fall

What happened Wednesday

A review of things you need to know before you go home on Wednesday; market leading call offer, fruit fly alert, tame farm sales, mortgage approvals up, swap rates rise and steepen

What happened Tuesday

Updated
A review of things you need to know before you go home on Tuesday; ASB says expect home loan restrictions, RBA gloomy, ANZ NZ shines in Group, swaps fall -2 bps, NZD stable

What happened Monday

A review of things you need to know before you go home on Monday; both home loan and terms deposit reductions, services, construction and retail strong, Wholesale interest rates up, NZD nears AUD record

What happened Friday

A review of things you need to know before you go home on Friday; rate cuts galore, NZD bonds popular, food prices rise, fast population growth; wholesale rates fall

When a term deposit really means a term deposit

Updated
Banks toughening rules around making early withdrawals from term deposits; Ombudsman says think of term deposits like a fixed term loan with a contract for a specific time

The bank and the borrower win

Savers being squeezed by the law of supply and demand as bank net interest margins rise

What happened Thursday

A review of things you need to know before you go home on Thursday; drought declared, factories falter, tourism booming, housing supply squeeze, AU jobless rise, parity talk louder

What happened Wednesday

A review of things you need to know before you go home on Wednesday; fall in house prices, retail sales, ACC levies; swap rates jump again, NZD starts to rise too