Interest rates
Inflation will be extended if Kiwi's can't accept they are worse off, Reserve Bank’s Chief Economist Paul Conway says
23rd Mar 23, 2:20pm
92
Inflation will be extended if Kiwi's can't accept they are worse off, Reserve Bank’s Chief Economist Paul Conway says
Worst bank turmoil since 2008 means Federal Reserve is damned if it does and damned if it doesn’t in decision over interest rates
21st Mar 23, 4:03pm
34
Worst bank turmoil since 2008 means Federal Reserve is damned if it does and damned if it doesn’t in decision over interest rates
ASB follows rivals with mortgage rate cuts in a home loan market walking on eggshells, one that hasn't fired any shots in a season dominated by low real estate sales transaction levels
20th Mar 23, 9:18am
42
ASB follows rivals with mortgage rate cuts in a home loan market walking on eggshells, one that hasn't fired any shots in a season dominated by low real estate sales transaction levels
Westpac economist suggests weak local economy and overseas banking turbulence mean RBNZ may end OCR hiking cycle in April
17th Mar 23, 2:57pm
68
Westpac economist suggests weak local economy and overseas banking turbulence mean RBNZ may end OCR hiking cycle in April
Rising bank profits highlight tensions between competition watchdogs and central banks
17th Mar 23, 9:16am
31
Rising bank profits highlight tensions between competition watchdogs and central banks
Bank term deposit rate offers have shrunk from the start of 2022 in relation to the OCR and the latest increases don't restore those premiums
16th Mar 23, 12:17pm
54
Bank term deposit rate offers have shrunk from the start of 2022 in relation to the OCR and the latest increases don't restore those premiums
BNZ chief economist Mike Jones says significant mortgage rate relief is unlikely this year and he's 'not confident' the housing market can 'right itself' till it is clear mortgage rates have stopped rising
6th Mar 23, 10:05am
16
BNZ chief economist Mike Jones says significant mortgage rate relief is unlikely this year and he's 'not confident' the housing market can 'right itself' till it is clear mortgage rates have stopped rising
Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike
3rd Mar 23, 9:26am
29
Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years
28th Feb 23, 4:11pm
11
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years
Days have passed since the last +50 bps RBNZ rate hike, but no banks have changed retail rates yet, for either home loans or term deposits. And this is despite Adrian Orr calling out the banks over low rates for savers
25th Feb 23, 9:04am
17
Days have passed since the last +50 bps RBNZ rate hike, but no banks have changed retail rates yet, for either home loans or term deposits. And this is despite Adrian Orr calling out the banks over low rates for savers
Russia's war in Ukraine rumbles on, Robertson says monetary response to extreme weather independent decision for RBNZ
21st Feb 23, 7:07am
81
Russia's war in Ukraine rumbles on, Robertson says monetary response to extreme weather independent decision for RBNZ
US treasuries turnaround, Fed sees more work to do to contain inflation pressures as RBNZ moves into the spotlight
20th Feb 23, 7:24am
36
US treasuries turnaround, Fed sees more work to do to contain inflation pressures as RBNZ moves into the spotlight
Influential RBNZ survey shows substantial drop in expectations of inflation in two years time - albeit that at 3.3% the survey respondents still see inflation outside the targeted band in 2025
14th Feb 23, 3:25pm
48
Influential RBNZ survey shows substantial drop in expectations of inflation in two years time - albeit that at 3.3% the survey respondents still see inflation outside the targeted band in 2025
Keynes warned us that practical men and women are but slaves of defunct economists. Economist Brian Easton says the comment is particularly relevant as we try to understand the prospects for inflation
13th Feb 23, 9:23am
8
Keynes warned us that practical men and women are but slaves of defunct economists. Economist Brian Easton says the comment is particularly relevant as we try to understand the prospects for inflation
The next major challenge the Reserve Bank faces is convincing everyone that once interest rates hit peak highs they won't start falling rapidly again
12th Feb 23, 6:00am
128
The next major challenge the Reserve Bank faces is convincing everyone that once interest rates hit peak highs they won't start falling rapidly again
Only a decade ago more than half the country's mortgages were on floating rates, now the amounts on floating rates has dwindled to record lows
9th Feb 23, 12:38pm
7
Only a decade ago more than half the country's mortgages were on floating rates, now the amounts on floating rates has dwindled to record lows
David Hargreaves has a trawl through some of the RBNZ's mortgage data to see how homeowners are reacting to rising rates a year and a half into a rising mortgage rate environment
9th Feb 23, 9:33am
37
David Hargreaves has a trawl through some of the RBNZ's mortgage data to see how homeowners are reacting to rising rates a year and a half into a rising mortgage rate environment
[updated]
Westpac the latest big bank to cut fixed home loan rates as wholesale rates turn back up. In this confusing mortgage market haggle with your bank
8th Feb 23, 10:41am
7
Westpac the latest big bank to cut fixed home loan rates as wholesale rates turn back up. In this confusing mortgage market haggle with your bank
[updated]
Path to achieving a soft landing for the economy remains narrow, Reserve Bank of Australia says as it lifts cash rate again
7th Feb 23, 4:43pm
21
Path to achieving a soft landing for the economy remains narrow, Reserve Bank of Australia says as it lifts cash rate again
BNZ returns with more home loan rate reductions, a day after their first set of changes. These come as wholesale markets shift their bets to lower levels, mainly on international influences
3rd Feb 23, 9:43am
28
BNZ returns with more home loan rate reductions, a day after their first set of changes. These come as wholesale markets shift their bets to lower levels, mainly on international influences
ANZ and BNZ both change fixed mortgage rates, embedding inverted offerings into their rate cards as wholesale rates shift lower
2nd Feb 23, 8:02am
44
ANZ and BNZ both change fixed mortgage rates, embedding inverted offerings into their rate cards as wholesale rates shift lower
RBNZ figures show first home buyers might possibly be hitting the limits of their seemingly boundless enthusiasm, while investors may have just stirred slightly
31st Jan 23, 10:50am
35
RBNZ figures show first home buyers might possibly be hitting the limits of their seemingly boundless enthusiasm, while investors may have just stirred slightly
New Zealand's largest bank 'moves early' on interest rates for its business clients, raising them by 40 basis points
31st Jan 23, 9:16am
21
New Zealand's largest bank 'moves early' on interest rates for its business clients, raising them by 40 basis points
Westpac has reacted to ASB's shift to an inverted mortgage rate card. They too have inverted, and matched ASB at the long end
26th Jan 23, 5:51pm
21
Westpac has reacted to ASB's shift to an inverted mortgage rate card. They too have inverted, and matched ASB at the long end
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
26th Jan 23, 9:59am
172
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month