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Saving news

Lending Crowd nears P2P application

Finance Direct majority owner says he's close to applying to the FMA for a peer-to-peer lending licence for Lending Crowd

BNZ reduces term deposit rates

BNZ cuts term deposit rates for 2-5 years to the lowest offers for these terms among main banks; Kiwibank also chops some longer term TD rates

ANZ changes term deposit rates

New Zealand's biggest bank pulls back from some market leading term deposit rates but raises its 18 month to a market high

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

The surprising story of NZ’s biggest taxpayer

Terry Baucher argues the Govt shouldn't tax the NZ Super Fund. Points out it pays significantly more tax than residential property investors

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

Introducing Elizabeth Kerr

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

'All investment comes with some risk'

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

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

OCR unchanged through 2015?

ANZ economists say the odds of the RBNZ sitting out 2015 are growing by the day with an 'extended policy siesta' possible