lower for longer
Times got tougher for the big banks in the September quarter, although their combined profit still topped $1 billion
27th Nov 19, 9:58am
3
Times got tougher for the big banks in the September quarter, although their combined profit still topped $1 billion
Westpac NZ CEO David McLean doubts further OCR cuts would stimulate the economy, doesn't offer an alternative suggestion but argues this is something we should be debating
6th Nov 19, 9:59am
29
Westpac NZ CEO David McLean doubts further OCR cuts would stimulate the economy, doesn't offer an alternative suggestion but argues this is something we should be debating
In the gritty detail of drawdowns, interest costs, and repayments David Chaston finds clear evidence that low interest rates aren't used to save borrowers money, they are used to bid up prices and debt levels
30th Oct 19, 9:44am
33
In the gritty detail of drawdowns, interest costs, and repayments David Chaston finds clear evidence that low interest rates aren't used to save borrowers money, they are used to bid up prices and debt levels
The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals
24th Oct 19, 4:33pm
6
The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals
A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too
21st Oct 19, 5:02am
19
A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too
The last of the major banks trims its key mortgage rates, falling into line with the levels triggered by ANZ earlier in the week. With low rates very tightly bunched, no bank can afford to be out of line
18th Oct 19, 9:42am
24
The last of the major banks trims its key mortgage rates, falling into line with the levels triggered by ANZ earlier in the week. With low rates very tightly bunched, no bank can afford to be out of line
BNZ cuts both mortgage rates and term deposit rates, lowering rates across a wider range of terms and leaving a few majors with rate levels higher than their main rivals
17th Oct 19, 9:02am
4
BNZ cuts both mortgage rates and term deposit rates, lowering rates across a wider range of terms and leaving a few majors with rate levels higher than their main rivals
Westpac follows ANZ lower with reduced carded offers for the two key fixed home loan rates
15th Oct 19, 4:26pm
4
Westpac follows ANZ lower with reduced carded offers for the two key fixed home loan rates
Mortgage rate cuts from ANZ NZ for six month, one year and two year terms
Greg Ninness details how and why investors could turn to commercial property as their term deposits start to mature, pushing prices up and yields down
12th Oct 19, 7:24am
38
Greg Ninness details how and why investors could turn to commercial property as their term deposits start to mature, pushing prices up and yields down
Kiwibank five-year bond issue brings in $400 million to help fund the bank's lending as chunky bond issues from big New Zealand banks continue
13th Sep 19, 1:26pm
5
Kiwibank five-year bond issue brings in $400 million to help fund the bank's lending as chunky bond issues from big New Zealand banks continue
Three more banks have cut term deposit rates this week and 3% offers are now very rare. We update where TD rates are being pitched now and point out the outliers
12th Sep 19, 11:25am
47
Three more banks have cut term deposit rates this week and 3% offers are now very rare. We update where TD rates are being pitched now and point out the outliers
David Hargreaves takes liberties with metaphors as he ponders the uphill task RBNZ Governor Adrian Orr has as he tries to get New Zealand spending and investing
1st Sep 19, 6:02am
98
David Hargreaves takes liberties with metaphors as he ponders the uphill task RBNZ Governor Adrian Orr has as he tries to get New Zealand spending and investing
Reserve Bank Governor Adrian Orr puts in a plug for the Government and businesses to invest more to take advantage of low global interest rates
28th Aug 19, 12:16pm
42
Reserve Bank Governor Adrian Orr puts in a plug for the Government and businesses to invest more to take advantage of low global interest rates
Jenée Tibshraeny argues National's proposal to give 'savers' tax relief is an ill-conceived bid for baby boomer votes that'll distort the tax system, stymie growth and prevent interest rates from rising
26th Aug 19, 8:13pm
69
Jenée Tibshraeny argues National's proposal to give 'savers' tax relief is an ill-conceived bid for baby boomer votes that'll distort the tax system, stymie growth and prevent interest rates from rising
ANZ Head of Foreign Exchange Research Daniel Been on how the way currency markets are analysed is changing and why the US dollar continues to have appeal
17th Aug 19, 9:16am
4
ANZ Head of Foreign Exchange Research Daniel Been on how the way currency markets are analysed is changing and why the US dollar continues to have appeal
CEO Chris Flood says Heartland Bank's small size relative to competitors and high net interest margin gives him comfort the bank can continue to grow deposits
16th Aug 19, 9:25am
CEO Chris Flood says Heartland Bank's small size relative to competitors and high net interest margin gives him comfort the bank can continue to grow deposits
Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions
15th Aug 19, 10:59am
23
Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions
Mercer's David Scobie says while for many investors cash has still not ascended the throne, for some it can play a useful positioning role in an investment portfolio
14th Aug 19, 10:23am
26
Mercer's David Scobie says while for many investors cash has still not ascended the throne, for some it can play a useful positioning role in an investment portfolio
ASB borrows NZ$600 million through five-year bond issue that will pay investors interest of just 1.83% a year
14th Aug 19, 9:32am
13
ASB borrows NZ$600 million through five-year bond issue that will pay investors interest of just 1.83% a year
Reserve Bank Chief Economist Yuong Ha says there's no evidence to suggest monetary policy is less effective the lower interest rates go
8th Aug 19, 4:29pm
54
Reserve Bank Chief Economist Yuong Ha says there's no evidence to suggest monetary policy is less effective the lower interest rates go
ANZ chief economist Sharon Zollner now expects the Reserve Bank to cut interest rates three times before the end of 2019 to combat a global and domestic environment 'turning sour'
6th Aug 19, 9:50am
28
ANZ chief economist Sharon Zollner now expects the Reserve Bank to cut interest rates three times before the end of 2019 to combat a global and domestic environment 'turning sour'
Kiwibank economists are now predicting a 'terminal' Official Cash Rate by next year of 0.75%, but also put some possibility on the rate going to 0.5%
5th Aug 19, 11:17am
49
Kiwibank economists are now predicting a 'terminal' Official Cash Rate by next year of 0.75%, but also put some possibility on the rate going to 0.5%
ASB's parent Commonwealth Bank of Australia under pressure to return billions of dollars of capital to shareholders despite expectation ASB's capital will need bolstering to meet RBNZ bank capital proposals
5th Aug 19, 9:57am
1
ASB's parent Commonwealth Bank of Australia under pressure to return billions of dollars of capital to shareholders despite expectation ASB's capital will need bolstering to meet RBNZ bank capital proposals
Pressure on the Government to do its bit to stimulate the economy likely to increase, with the Reserve Bank expected to cut interest rates even lower
4th Aug 19, 6:31am
53
Pressure on the Government to do its bit to stimulate the economy likely to increase, with the Reserve Bank expected to cut interest rates even lower