Savers
Kiwibank follows its main rivals with its own home loan rate cuts, concentrating its fire on the short fixed rate end. Its term deposit savers are getting their own cuts, across the board
9th Jun 25, 9:38am
2
Kiwibank follows its main rivals with its own home loan rate cuts, concentrating its fire on the short fixed rate end. Its term deposit savers are getting their own cuts, across the board
PIEs more prominent as RBNZ issues Depositor Compensation Scheme product hierarchy policy following consultation
9th Jun 25, 7:30am
PIEs more prominent as RBNZ issues Depositor Compensation Scheme product hierarchy policy following consultation
[updated]
Our largest home loan lender shores up its rate position as challengers, including some of its main rivals, shift to lower positions in a tightly competitive market. ASB responds with its own timid changes
3rd Jun 25, 5:06pm
3
Our largest home loan lender shores up its rate position as challengers, including some of its main rivals, shift to lower positions in a tightly competitive market. ASB responds with its own timid changes
Sub 4% rates become pervasive among the major banks. The challenger banks are mostly still in the 4%+ range. And finance companies are still largely offering 5%+ rates. All for DCS guaranteed security
29th May 25, 4:58pm
Sub 4% rates become pervasive among the major banks. The challenger banks are mostly still in the 4%+ range. And finance companies are still largely offering 5%+ rates. All for DCS guaranteed security
[updated]
BNZ trims its fixed home loan rates to levels lower than its main rivals for all terms three years and shorter, and to market-leading levels for 18 months, 2 years and three years
27th May 25, 8:33am
6
BNZ trims its fixed home loan rates to levels lower than its main rivals for all terms three years and shorter, and to market-leading levels for 18 months, 2 years and three years
ICBC cuts both its 6 month and 1 year fixed home loan rates, setting them well below everyone else in a way that is sure to grab attention and add a competitive bite to the mortgage market
13th May 25, 8:48am
ICBC cuts both its 6 month and 1 year fixed home loan rates, setting them well below everyone else in a way that is sure to grab attention and add a competitive bite to the mortgage market
New mortgage rate cuts from Kiwibank show the most likely market reductions in May may come in the longer fixed terms
5th May 25, 10:05am
New mortgage rate cuts from Kiwibank show the most likely market reductions in May may come in the longer fixed terms
Why the Reserve Bank is developing a Depositor Compensation Scheme product hierarchy policy and what it would mean
30th Apr 25, 5:00am
4
Why the Reserve Bank is developing a Depositor Compensation Scheme product hierarchy policy and what it would mean
As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment
17th Apr 25, 11:00am
38
As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment
[updated]
Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term
16th Apr 25, 9:50am
6
Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term
[updated]
ANZ pushes down term deposit rates, seemingly confident rivals will follow even though the gap with those rivals is unusually wide. Kiwibank follows with comprehensive cuts. Low loan demand bolsters their shift
15th Apr 25, 8:30am
1
ANZ pushes down term deposit rates, seemingly confident rivals will follow even though the gap with those rivals is unusually wide. Kiwibank follows with comprehensive cuts. Low loan demand bolsters their shift
[updated]
New round of retail interest rate cuts starts, and it is savers who will be paying for the reductions in home loan rates. All the influences on wholesale rates are negative
14th Apr 25, 5:30pm
8
New round of retail interest rate cuts starts, and it is savers who will be paying for the reductions in home loan rates. All the influences on wholesale rates are negative
What is and and isn’t covered under the deposit insurance scheme launching in July
11th Apr 25, 11:10am
8
What is and and isn’t covered under the deposit insurance scheme launching in July
Although most rate changes focused on home loan floating and savings account rates, there was a first trimming of term deposit rates by SBS Bank. They won't be the last
9th Apr 25, 3:43pm
Although most rate changes focused on home loan floating and savings account rates, there was a first trimming of term deposit rates by SBS Bank. They won't be the last
[updated]
Savers are increasing balances at banks at almost twice the rate borrowers are taking out loans. Banks are under no pressure and are trimming TD rates in small amounts regularly now
27th Mar 25, 10:01am
Savers are increasing balances at banks at almost twice the rate borrowers are taking out loans. Banks are under no pressure and are trimming TD rates in small amounts regularly now