6th Nov 20, 10:27am
HSBC pushed fixed home loan rate offers lower yet again, with some market-leading low levels for their Premier product. They have cut TD rates as well. Meanwhile other banks are offering cashbacks more liberally
HSBC pushed fixed home loan rate offers lower yet again, with some market-leading low levels for their Premier product. They have cut TD rates as well. Meanwhile other banks are offering cashbacks more liberally
4th Nov 20, 9:34am
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
17th Aug 20, 5:20pm
A large challenger bank trims home loan rates to near market-leading levels, the first to do so after the RBNZ MPS and the first to line up for the Spring real estate selling season race
A large challenger bank trims home loan rates to near market-leading levels, the first to do so after the RBNZ MPS and the first to line up for the Spring real estate selling season race
20th Jul 20, 10:40am
A new low mortgage rate launched at 2.45% for one year fixed, by HSBC. And every fixed rate offered for their Premier customers is now market-leading
A new low mortgage rate launched at 2.45% for one year fixed, by HSBC. And every fixed rate offered for their Premier customers is now market-leading
30th Jun 20, 10:20am
HSBC economist Paul Bloxham suggests the New Zealand economy is heading for a 'V-shaped bounce back' while Australia faces a 'U-shaped economic recovery'
HSBC economist Paul Bloxham suggests the New Zealand economy is heading for a 'V-shaped bounce back' while Australia faces a 'U-shaped economic recovery'
19th Jun 20, 9:59am
ASB cuts most home loan rates again, and matches them with even sharper term deposit rate cuts
ASB cuts most home loan rates again, and matches them with even sharper term deposit rate cuts
28th May 20, 5:14pm
The Red Bank has trimmed mortgage 'specials' across the board, with none of these sub 80% LVR rates over 3%. But their Standard rates aren't moving at this time
The Red Bank has trimmed mortgage 'specials' across the board, with none of these sub 80% LVR rates over 3%. But their Standard rates aren't moving at this time
28th May 20, 9:51am
HSBC could quit small, non-strategic countries including New Zealand, the Financial Times suggests. HSBC NZ says business constantly reviewed but Asia will continue to be a core engine for business growth
HSBC could quit small, non-strategic countries including New Zealand, the Financial Times suggests. HSBC NZ says business constantly reviewed but Asia will continue to be a core engine for business growth
27th May 20, 2:40pm
BNZ makes further cuts to both home loan and term deposit rates, and resets its Standard mortgage rates lower across the board. The pace of reductions isn't slowing
BNZ makes further cuts to both home loan and term deposit rates, and resets its Standard mortgage rates lower across the board. The pace of reductions isn't slowing
25th May 20, 4:03pm
HSBC grabs the 'lowest rate' mantle with sharp cuts for all terms for its Premier offers, none over 3%, and the lowest home loan rate ever at 2.60% for a one year fixed term
HSBC grabs the 'lowest rate' mantle with sharp cuts for all terms for its Premier offers, none over 3%, and the lowest home loan rate ever at 2.60% for a one year fixed term
15th May 20, 9:14am
BNZ rounds out the home loan rate cut trend with their own set, matching key rivals. They also made matching term deposit rate cuts
BNZ rounds out the home loan rate cut trend with their own set, matching key rivals. They also made matching term deposit rate cuts
[Updated]
14th May 20, 2:53pm
HSBC says it will cut fixed mortgage rates for its Premier rate card, but not until Thursday, May 21. However at this time, the signaled rates are among the most competitive for four popular terms
[Updated]
HSBC says it will cut fixed mortgage rates for its Premier rate card, but not until Thursday, May 21. However at this time, the signaled rates are among the most competitive for four popular terms
13th May 20, 5:42pm
It is becoming a 2% world in the home loan sector as markets and regulators actively open up the space to cut rates further, and savers focus on 'safety' rather than 'return' for their nest eggs
It is becoming a 2% world in the home loan sector as markets and regulators actively open up the space to cut rates further, and savers focus on 'safety' rather than 'return' for their nest eggs
[Updated]
12th May 20, 4:21pm
Rapid fire breaks out in the mortgage wars as combatants each aim at marginally different territory. Borrowers watch as the landscape becomes very fluid very quickly
[Updated]
Rapid fire breaks out in the mortgage wars as combatants each aim at marginally different territory. Borrowers watch as the landscape becomes very fluid very quickly
[Updated]
11th May 20, 5:46pm
New Zealand's largest bank follows two of its main rivals down with one home loan offer of 2.99%. TSB follows, going down to 2.89%. But savers pay with large term deposit rate cuts
[Updated]
New Zealand's largest bank follows two of its main rivals down with one home loan offer of 2.99%. TSB follows, going down to 2.89%. But savers pay with large term deposit rate cuts
[Updated]
7th May 20, 6:23pm
Kiwibank launches a one year fixed mortgage 'special' of 2.99% and is the first major lender to offer a home loan rate below 3%
[Updated]
Kiwibank launches a one year fixed mortgage 'special' of 2.99% and is the first major lender to offer a home loan rate below 3%
4th May 20, 2:07pm
China Construction Bank launches a 2.80% one year fixed rate 'special', now the third bank to offer home loan rates below 3%
China Construction Bank launches a 2.80% one year fixed rate 'special', now the third bank to offer home loan rates below 3%
[Updated]
1st Apr 20, 6:15pm
More detail unveiled on which businesses are be eligible for an 80% taxpayer-backed bank loan to get them through the COVID-19 crisis
[Updated]
More detail unveiled on which businesses are be eligible for an 80% taxpayer-backed bank loan to get them through the COVID-19 crisis
[Updated]
26th Mar 20, 8:57am
Fixed mortgage rate offers below 3% arrive with HSBC's Premier new one year and eighteen month rates. They cut all other fixed rates too
[Updated]
Fixed mortgage rate offers below 3% arrive with HSBC's Premier new one year and eighteen month rates. They cut all other fixed rates too
14th Mar 20, 10:21am
Kiwibank make the next home loan rate reductions, and its new three year rate stands out as the lowest among their main rivals. ANZ slips further behind the pace
Kiwibank make the next home loan rate reductions, and its new three year rate stands out as the lowest among their main rivals. ANZ slips further behind the pace
12th Mar 20, 12:46pm
ASB becomes the first bank to offer all fixed rates below 4%, and now offers the lowest two year fixed rate 'special' of any major bank. These reductions come after TD rate cuts
ASB becomes the first bank to offer all fixed rates below 4%, and now offers the lowest two year fixed rate 'special' of any major bank. These reductions come after TD rate cuts
12th Mar 20, 10:46am
A downbeat economic outlook is seeing more banks cut their term deposit offers and the trend is probably only just starting
A downbeat economic outlook is seeing more banks cut their term deposit offers and the trend is probably only just starting
[Updated]
10th Mar 20, 10:53am
HSBC failure to disclose interest rate increase to borrowers affected 225 loans and 180 borrowers and sees bank warned and required to compensate borrowers about $7,000
[Updated]
HSBC failure to disclose interest rate increase to borrowers affected 225 loans and 180 borrowers and sees bank warned and required to compensate borrowers about $7,000
5th Mar 20, 5:08pm
The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates
The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates
14th Feb 20, 9:45am
HSBC launches a new low two year fixed home loan Premier offer, the first local bank to deeply discount a mortgage rate in 2020
HSBC launches a new low two year fixed home loan Premier offer, the first local bank to deeply discount a mortgage rate in 2020
