lower for longer
Some banks are trimming term deposit rates, others offering attractive 'specials'. But the immediate trend is for lower rate offers, hurt by diving wholesale swap rates
31st Aug 18, 10:28am
13
Some banks are trimming term deposit rates, others offering attractive 'specials'. But the immediate trend is for lower rate offers, hurt by diving wholesale swap rates
ANZ's economists change their call and now no longer expect official interest rates to rise in the foreseeable future
20th Aug 18, 11:47am
47
ANZ's economists change their call and now no longer expect official interest rates to rise in the foreseeable future
BNZ and SBS Bank trim some rates for terms one year and longer. Kiwibank raises its 200 day 'special offer' rate. These changes come as wholesale interest rates shift sharply lower
14th Aug 18, 12:42pm
35
BNZ and SBS Bank trim some rates for terms one year and longer. Kiwibank raises its 200 day 'special offer' rate. These changes come as wholesale interest rates shift sharply lower
Reserve Bank leaves Official Cash Rate unchanged at 1.75%; Governor now says next move won't occur till 2020; still sees next move as either up or down
9th Aug 18, 9:08am
73
Reserve Bank leaves Official Cash Rate unchanged at 1.75%; Governor now says next move won't occur till 2020; still sees next move as either up or down
Rate cuts by ANZ reduce its one year rate to main-bank level low, but the reduction is masked by an eight month 'special' promoting Daffodil Day
31st Jul 18, 5:53pm
15
Rate cuts by ANZ reduce its one year rate to main-bank level low, but the reduction is masked by an eight month 'special' promoting Daffodil Day
Rate cuts at Kiwibank bring their term deposit offers to similar levels as their major rivals. Range between banks remains very narrow
30th Jul 18, 11:29am
Rate cuts at Kiwibank bring their term deposit offers to similar levels as their major rivals. Range between banks remains very narrow
The combination of boomer demographics and a weakening economy is depressing term deposit rates. Thus David Chaston says the prospect is for lower rates in the future
30th Jun 18, 9:17am
40
The combination of boomer demographics and a weakening economy is depressing term deposit rates. Thus David Chaston says the prospect is for lower rates in the future
Rabobank Nederland is redeeming its NZ$900m perpetual, resettable bond issue after a decade during which the interest rate paid to investors dwindled to 2.88% from 9.48%
19th Sep 17, 5:02am
4
Rabobank Nederland is redeeming its NZ$900m perpetual, resettable bond issue after a decade during which the interest rate paid to investors dwindled to 2.88% from 9.48%
KPMG's annual FIPS says bank bosses are questioning whether the beginnings of a structural change in the way Kiwis invest is hitting their deposit funding
17th Feb 17, 7:48am
33
KPMG's annual FIPS says bank bosses are questioning whether the beginnings of a structural change in the way Kiwis invest is hitting their deposit funding
Westpac NZ CEO David McLean says attracting crucial deposit funding in this low interest rate world is 'hard', RBNZ's monetary policy is 'losing its effect'
8th Nov 16, 9:39am
6
Westpac NZ CEO David McLean says attracting crucial deposit funding in this low interest rate world is 'hard', RBNZ's monetary policy is 'losing its effect'
Low interest rate environment sees more borrowers and less savers complain to the Banking Ombudsman
20th Oct 16, 5:02am
6
Low interest rate environment sees more borrowers and less savers complain to the Banking Ombudsman
Gareth Vaughan argues the Reserve Bank's inflation targeting regime is broken and it's time for a change
15th Oct 16, 5:02am
35
Gareth Vaughan argues the Reserve Bank's inflation targeting regime is broken and it's time for a change
Bank funding costs down more than 26% since 2014, KPMG says in quarterly FIPS, boosting net interest margins
12th Oct 16, 12:02pm
2
Bank funding costs down more than 26% since 2014, KPMG says in quarterly FIPS, boosting net interest margins
John Mauldin argues the global central bank community’s policies have created an environment of risk that is looking more and more like a bubble in search of a pin
11th Oct 16, 11:46am
19
John Mauldin argues the global central bank community’s policies have created an environment of risk that is looking more and more like a bubble in search of a pin
Westpac Group CEO Brian Hartzer estimates New Zealanders reliant on term deposits need interest rates of about 4% to live off 'and that's getting really hard'
10th Oct 16, 3:01pm
12
Westpac Group CEO Brian Hartzer estimates New Zealanders reliant on term deposits need interest rates of about 4% to live off 'and that's getting really hard'
Rabobank's perpetual, resettable NZ$900 mln 2007 bond issue has turned out a lot better for the bank than for investors
10th Oct 16, 10:11am
1
Rabobank's perpetual, resettable NZ$900 mln 2007 bond issue has turned out a lot better for the bank than for investors
Banks pull back their headline term deposit offers to shorter terms. Savers scramble over minor differences. Some PIE funds give a little bit extra
27th Sep 16, 3:14pm
2
Banks pull back their headline term deposit offers to shorter terms. Savers scramble over minor differences. Some PIE funds give a little bit extra
P2P lenders LendMe and Lending Crowd looking to ramp up after slow, conservative starts with low bank deposit rates seen offering big opportunity
17th Sep 16, 6:02am
13
P2P lenders LendMe and Lending Crowd looking to ramp up after slow, conservative starts with low bank deposit rates seen offering big opportunity
Moody's points to increasing credit profile pressure at the parents of NZ's major banks, including through low interest rates
15th Jul 16, 4:02pm
Moody's points to increasing credit profile pressure at the parents of NZ's major banks, including through low interest rates
Retiring with $1 million in the bank is now no longer enough if you plan to live off the interest. Perhaps you need a new approach
20th Apr 16, 11:17am
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Retiring with $1 million in the bank is now no longer enough if you plan to live off the interest. Perhaps you need a new approach
Co-operative Bank CEO Bruce McLachlan argues banks penalising floating mortgage customers for margin pressure elsewhere is not rational
19th Mar 16, 6:02am
4
Co-operative Bank CEO Bruce McLachlan argues banks penalising floating mortgage customers for margin pressure elsewhere is not rational
Banks including ANZ, BNZ, Kiwibank, TSB & Westpac cutting savings rates with some now as low as 0.75%
14th Mar 16, 2:53pm
42
Banks including ANZ, BNZ, Kiwibank, TSB & Westpac cutting savings rates with some now as low as 0.75%
We compare term deposit rates here with those in Australia and wonder if the Aussie offers will become NZ's future
8th Mar 16, 3:32pm
6
We compare term deposit rates here with those in Australia and wonder if the Aussie offers will become NZ's future
We look at today's 'best term deposit rates' in the face of falling wholesale rates and benchmark bond yields
3rd Feb 16, 11:10am
We look at today's 'best term deposit rates' in the face of falling wholesale rates and benchmark bond yields
Meaningful interest rate benefits are disappearing from more savings account products; some term deposit rates are trimmed as well
25th Jan 16, 12:33pm
11
Meaningful interest rate benefits are disappearing from more savings account products; some term deposit rates are trimmed as well