Savers

BNZ matches ANZ's fixed mortgage rate cuts, and goes lower on two additional terms

BNZ matches ANZ's fixed mortgage rate cuts, and goes lower on two additional terms

The fall in term deposit rates has probably picked up steam after ANZ's -15 bps cuts. But at least Kiwibank now offers an above 4% rate. How long will that last?

The fall in term deposit rates has probably picked up steam after ANZ's -15 bps cuts. But at least Kiwibank now offers an above 4% rate. How long will that last?

ANZ shakes up the winter home loan market with new lower fixed rates. But these cuts are being 'paid for' by matching or larger cuts in term deposit rates

ANZ shakes up the winter home loan market with new lower fixed rates. But these cuts are being 'paid for' by matching or larger cuts in term deposit rates

Rates and rate curves ease lower and flatten for savers using term deposits. There seems little reason for banks to compete hard for this type of funding

Rates and rate curves ease lower and flatten for savers using term deposits. There seems little reason for banks to compete hard for this type of funding

ASB's latest rate reductions are uninspiring for customers, embedding levels all their main rivals were already at, and reinforcing that rate competition is now more perfunctory than real at present

ASB's latest rate reductions are uninspiring for customers, embedding levels all their main rivals were already at, and reinforcing that rate competition is now more perfunctory than real at present

Term deposit rates are slowly spiraling down as household bank accounts get flusher faster than loan demand. The DCS isn't helping either

Term deposit rates are slowly spiraling down as household bank accounts get flusher faster than loan demand. The DCS isn't helping either

Mortgage rates are still inching lower, even as wholesale rates are inching higher. Savers face lower TD rate offers just as deposit takers face new fees for the Depositor Compensation Scheme. It's not a great time to be a saver

Mortgage rates are still inching lower, even as wholesale rates are inching higher. Savers face lower TD rate offers just as deposit takers face new fees for the Depositor Compensation Scheme. It's not a great time to be a saver

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

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

PIEs more prominent as RBNZ issues Depositor Compensation Scheme product hierarchy policy following consultation

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

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

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

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

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

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

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

Why the Reserve Bank is developing a Depositor Compensation Scheme product hierarchy policy and what it would mean