Personal Finance
Kiwis' mean and median wealth per adult suffers annual fall, according to the Credit Suisse-UBS Global Wealth Report
17th Aug 23, 12:46pm
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Kiwis' mean and median wealth per adult suffers annual fall, according to the Credit Suisse-UBS Global Wealth Report
FMA looking at Australia's national anti-scam centre, but 'there's no silver bullet' to fight fraudsters
17th Aug 23, 10:33am
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FMA looking at Australia's national anti-scam centre, but 'there's no silver bullet' to fight fraudsters
Lynda Moore says money habits should start young, and parents-guardians can have a huge positive influence with some simple, effective time investment that sets up a positive financial future
16th Aug 23, 10:33am
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Lynda Moore says money habits should start young, and parents-guardians can have a huge positive influence with some simple, effective time investment that sets up a positive financial future
Latest quarterly Reserve Bank figures show that the country's new first home buyer borrowers have just started to stretch themselves a little further again
16th Aug 23, 8:44am
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Latest quarterly Reserve Bank figures show that the country's new first home buyer borrowers have just started to stretch themselves a little further again
New research shows a majority of New Zealand families struggling financially
[updated]
A survey for the Reserve Bank shows that households think inflation is going to be NEARLY back in the RBNZ's 1% to 3% target range in two years' time, while house prices will rise next year and continue to rise
15th Aug 23, 3:43pm
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A survey for the Reserve Bank shows that households think inflation is going to be NEARLY back in the RBNZ's 1% to 3% target range in two years' time, while house prices will rise next year and continue to rise
Westpac steps out of line with a 10 basis points cut to its 2-year fixed home loan rate. Although not a large drop, it is the first non-trivial reduction in a main bank 2-year rate for six months
14th Aug 23, 12:35pm
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Westpac steps out of line with a 10 basis points cut to its 2-year fixed home loan rate. Although not a large drop, it is the first non-trivial reduction in a main bank 2-year rate for six months
NZ banks unify on anti-scam centre, but say this UK innovation to fight fraud isn't a silver bullet
12th Aug 23, 9:10am
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NZ banks unify on anti-scam centre, but say this UK innovation to fight fraud isn't a silver bullet
With money issues the single most common cause of relationship failure, it is important to talk openly about those with our partners - no matter how hard that can feel, says Lynda Moore
9th Aug 23, 9:26am
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With money issues the single most common cause of relationship failure, it is important to talk openly about those with our partners - no matter how hard that can feel, says Lynda Moore
Commerce & Consumer Affairs Minister Duncan Webb pledges CCCFA review, exemptions for certain types of lending
8th Aug 23, 7:17pm
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Commerce & Consumer Affairs Minister Duncan Webb pledges CCCFA review, exemptions for certain types of lending
Latest Reserve Bank figures show that while one-year fixed mortgage terms remain most popular for new mortgage borrowing, three year terms are surging in popularity
7th Aug 23, 3:52pm
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Latest Reserve Bank figures show that while one-year fixed mortgage terms remain most popular for new mortgage borrowing, three year terms are surging in popularity
Despite gold supply rising +7% and gold demand falling -2% in June from a year ago, gold prices were up +6% over the same period, the World Gold Council reports. Firmer jewelery and investment demand helped offset slower central bank buying
5th Aug 23, 10:21am
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Despite gold supply rising +7% and gold demand falling -2% in June from a year ago, gold prices were up +6% over the same period, the World Gold Council reports. Firmer jewelery and investment demand helped offset slower central bank buying
Retirement Income Interest Group offers guidelines on how to manage KiwSaver funds in retirement
4th Aug 23, 2:18pm
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Retirement Income Interest Group offers guidelines on how to manage KiwSaver funds in retirement
BNZ raises its floating mortgage rate in an out-of-cycle shift, as wholesale rates track marginally higher even though the RBNZ hasn't shifted the OCR
2nd Aug 23, 10:25am
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BNZ raises its floating mortgage rate in an out-of-cycle shift, as wholesale rates track marginally higher even though the RBNZ hasn't shifted the OCR
An unexpected large money windfall might be very welcome but it can also bring a range of worrying issues that will need to be sorted. Lynda Moore suggests ways to navigate them
2nd Aug 23, 9:16am
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An unexpected large money windfall might be very welcome but it can also bring a range of worrying issues that will need to be sorted. Lynda Moore suggests ways to navigate them
David Hargreaves examines financial statistics for the first six months of the year showing money being 'sucked out' of consumers' pockets both through higher mortgage and deposit rates
2nd Aug 23, 9:11am
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David Hargreaves examines financial statistics for the first six months of the year showing money being 'sucked out' of consumers' pockets both through higher mortgage and deposit rates
Latest Reserve Bank figures show the total of officially 'impaired' housing loans has now surpassed the peak of the sharp, but brief rise during the pandemic in 2020
1st Aug 23, 1:44pm
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Latest Reserve Bank figures show the total of officially 'impaired' housing loans has now surpassed the peak of the sharp, but brief rise during the pandemic in 2020
ComCom eyes regulation to boost options for making in-person payments directly between bank accounts
[updated]
Commerce Commission says regulating bank transfers could level playing field for new entrants to offer services for making in-person bank transfers
31st Jul 23, 10:43am
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Commerce Commission says regulating bank transfers could level playing field for new entrants to offer services for making in-person bank transfers
The RBNZ wants a timetable as Payments NZ starts design work on a real-time payments system
27th Jul 23, 5:58pm
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The RBNZ wants a timetable as Payments NZ starts design work on a real-time payments system
[updated]
Higher interest rate offers are motivating savers into term deposits at a faster rate. And the trend may speed up if the big banks crack the 6% mark
27th Jul 23, 1:48pm
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Higher interest rate offers are motivating savers into term deposits at a faster rate. And the trend may speed up if the big banks crack the 6% mark
As with mortgage rates, short-term deposit rates are higher than five-year deposit rates for the first time since the Global Financial Crisis
27th Jul 23, 12:32pm
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As with mortgage rates, short-term deposit rates are higher than five-year deposit rates for the first time since the Global Financial Crisis
[updated]
Statistics New Zealand says the cost of living for households rose 7.2% in the year to June 2023, while food prices increased by some 12.7% for the average household
27th Jul 23, 11:16am
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Statistics New Zealand says the cost of living for households rose 7.2% in the year to June 2023, while food prices increased by some 12.7% for the average household
The banks will be hoping this is a year of 'two halves' for new mortgage activity after a start to the year that was the slowest in at least nine years
27th Jul 23, 9:08am
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The banks will be hoping this is a year of 'two halves' for new mortgage activity after a start to the year that was the slowest in at least nine years
Reserve Bank figures show on a seasonally adjusted basis there may be slight signs of life in the mortgage market; meanwhile the quarterly mortgage interest bill just crashed through $4 billion for the first time
26th Jul 23, 3:41pm
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Reserve Bank figures show on a seasonally adjusted basis there may be slight signs of life in the mortgage market; meanwhile the quarterly mortgage interest bill just crashed through $4 billion for the first time
The combination of sharply rising cocoa and sugar prices are conspiring to raise the cost of chocolate, but lower dairy prices might help keep the jump from being extreme
25th Jul 23, 12:21pm
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The combination of sharply rising cocoa and sugar prices are conspiring to raise the cost of chocolate, but lower dairy prices might help keep the jump from being extreme
