Interest rates
Heartland Bank's latest rise in its carded fixed home loan rates still leaves it with some of the lowest rates in the market. The approaching May selling period is the last main chance for banks to meet their lending targets this budget year
24th Apr 24, 10:25am
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Heartland Bank's latest rise in its carded fixed home loan rates still leaves it with some of the lowest rates in the market. The approaching May selling period is the last main chance for banks to meet their lending targets this budget year
What if the Reserve Bank of Australia itself has been feeding inflation? An economist explains
24th Apr 24, 9:12am
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What if the Reserve Bank of Australia itself has been feeding inflation? An economist explains
Challenger bank SBS jumps into the mortgage market with a big splash, aiming to snare an outsized share of deals as the real estate market winds down for the summer/autumn season
19th Apr 24, 3:18pm
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Challenger bank SBS jumps into the mortgage market with a big splash, aiming to snare an outsized share of deals as the real estate market winds down for the summer/autumn season
Richard Werner argues the Bank of Japan raising interest rates for the first time in 17 years was a move to support the US dollar
19th Apr 24, 11:34am
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Richard Werner argues the Bank of Japan raising interest rates for the first time in 17 years was a move to support the US dollar
As the prospect of OCR rate cuts fade and global forces and local inflation push up wholesale interest rates, ASB trims its key term deposit rate offers
18th Apr 24, 10:07am
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As the prospect of OCR rate cuts fade and global forces and local inflation push up wholesale interest rates, ASB trims its key term deposit rate offers
Alan Shipman argues the idea US interest rates will stay higher for longer is probably wrong
16th Apr 24, 10:07am
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Alan Shipman argues the idea US interest rates will stay higher for longer is probably wrong
Ahead of April 17’s much anticipated release of the March quarter CPI, Westpac, ANZ and Kiwibank cast their predictions with all three banks expecting annual inflation to be higher than the RBNZ has forecast
14th Apr 24, 8:07am
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Ahead of April 17’s much anticipated release of the March quarter CPI, Westpac, ANZ and Kiwibank cast their predictions with all three banks expecting annual inflation to be higher than the RBNZ has forecast
The Reserve Bank’s Monetary Policy Committee adds the word ‘confident’ to its inflation forecast, even as hot CPI release looms
11th Apr 24, 7:39am
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The Reserve Bank’s Monetary Policy Committee adds the word ‘confident’ to its inflation forecast, even as hot CPI release looms
[updated]
RBNZ holds OCR at 5.50%, says restrictive OCR for sustained time will return CPI inflation to 1% to 3% target in 2024
10th Apr 24, 2:36pm
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RBNZ holds OCR at 5.50%, says restrictive OCR for sustained time will return CPI inflation to 1% to 3% target in 2024
Pricing intentions in NZIER’s quarterly survey are falling closer to the long-run average as demand weakens and firms let staff go
9th Apr 24, 4:56pm
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Pricing intentions in NZIER’s quarterly survey are falling closer to the long-run average as demand weakens and firms let staff go
Latest NZIER Quarterly Survey of Business Opinion suggests post-election bounce in business confidence was short-lived
9th Apr 24, 10:58am
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Latest NZIER Quarterly Survey of Business Opinion suggests post-election bounce in business confidence was short-lived
As the real estate selling season tails off, two banks trim a key home loan rate just before the RBNZ does its review, and markets turn sceptical rate cuts are imminent
8th Apr 24, 9:08am
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As the real estate selling season tails off, two banks trim a key home loan rate just before the RBNZ does its review, and markets turn sceptical rate cuts are imminent
With economic data having panned out roughly as the Reserve Bank forecast, this suggests there won't be an OCR change on April 10
7th Apr 24, 6:00am
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With economic data having panned out roughly as the Reserve Bank forecast, this suggests there won't be an OCR change on April 10
Former MPC member Peter Harris says employment hasn’t been removed from the RBNZ’s mandate and the committee is still required to target a ‘soft landing’
5th Apr 24, 10:17am
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Former MPC member Peter Harris says employment hasn’t been removed from the RBNZ’s mandate and the committee is still required to target a ‘soft landing’
Squirrel's David Cunningham argues the Reserve Bank should start cutting interest rates on April 10
31st Mar 24, 8:00am
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Squirrel's David Cunningham argues the Reserve Bank should start cutting interest rates on April 10
Mortgage interest rates may have risen a lot, but David Chaston wonders if they are 'fair' or at least still in line with historic benchmarks
29th Mar 24, 1:38pm
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Mortgage interest rates may have risen a lot, but David Chaston wonders if they are 'fair' or at least still in line with historic benchmarks
The latest detailed analysis by DairyNZ shows its farmers earning well in excess of breakeven levels this year but cutting it fine next year
27th Mar 24, 9:16am
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The latest detailed analysis by DairyNZ shows its farmers earning well in excess of breakeven levels this year but cutting it fine next year
Research by the Reserve Bank suggests using a different set of employment indicators to better measure inflation pressure in the economy
25th Mar 24, 3:40pm
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Research by the Reserve Bank suggests using a different set of employment indicators to better measure inflation pressure in the economy
[updated]
Boosting small banks' capital, speeding up open banking & improved bank switching among Commerce Commission recommendations to boost bank competition
21st Mar 24, 8:41am
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Boosting small banks' capital, speeding up open banking & improved bank switching among Commerce Commission recommendations to boost bank competition
Patrick Watson of Mauldin Economics on what's going on in the US economy ahead of November's presidential election
20th Mar 24, 9:21am
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Patrick Watson of Mauldin Economics on what's going on in the US economy ahead of November's presidential election
No evidence bank capital issued as equity and subordinated debt is contributing to higher interest rates in the NZ economy, RBNZ says
19th Mar 24, 9:24am
No evidence bank capital issued as equity and subordinated debt is contributing to higher interest rates in the NZ economy, RBNZ says
[updated]
Even though they are small and not market-leading, ASB has made a third set of home loan rate reductions to ensure it remains competitive with its main home loan rivals. And it has cut TD rates too
11th Mar 24, 8:32am
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Even though they are small and not market-leading, ASB has made a third set of home loan rate reductions to ensure it remains competitive with its main home loan rivals. And it has cut TD rates too
Assistant Governor Karen Silk says the RBNZ has been consistently saying it will hold rates until inflation is heading back to 2%
8th Mar 24, 10:02am
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Assistant Governor Karen Silk says the RBNZ has been consistently saying it will hold rates until inflation is heading back to 2%
Despite another bank trimming home loan rates, the range of rates among all banks is narrowing for the most competitive terms. BNZ matches its latest cut with term deposit reductions
6th Mar 24, 8:58am
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Despite another bank trimming home loan rates, the range of rates among all banks is narrowing for the most competitive terms. BNZ matches its latest cut with term deposit reductions
It looks like this is moving week for both home loan and term deposit rates, following the RBNZ MPS. ANZ the next to cut retail rates although the changes are not major
4th Mar 24, 8:46am
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It looks like this is moving week for both home loan and term deposit rates, following the RBNZ MPS. ANZ the next to cut retail rates although the changes are not major