Savings
Statistics New Zealand figures show household net worth increased by $5.3 billion in the September 2023 quarter, while savings rates remained steady
25th Jan 24, 11:35am
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Statistics New Zealand figures show household net worth increased by $5.3 billion in the September 2023 quarter, while savings rates remained steady
Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
31st Oct 23, 4:26pm
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Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
Statistics New Zealand figures show household net worth fell by a further $33.5 billion in the June quarter, with over half of this due to falls in property values - but our rate of savings increased
16th Oct 23, 11:58am
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Statistics New Zealand figures show household net worth fell by a further $33.5 billion in the June quarter, with over half of this due to falls in property values - but our rate of savings increased
New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
10th Oct 23, 10:33am
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New Kiwibank spending data shows the volume of card spend declined 0.7% over the September quarter, while compared with a year earlier, the number of transactions grew by just 0.5%
A study by Massey University has found older people need more personal savings than ever to get by
4th Oct 23, 8:41am
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A study by Massey University has found older people need more personal savings than ever to get by
Latest RBNZ figures show while overall non-performing loans climbed in August, household mortgage stress didn't get any worse
3rd Oct 23, 8:14am
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Latest RBNZ figures show while overall non-performing loans climbed in August, household mortgage stress didn't get any worse
Hardship withdrawals and savings suspensions have jumped in the past year as households struggle with the high cost of living
20th Sep 23, 5:00am
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Hardship withdrawals and savings suspensions have jumped in the past year as households struggle with the high cost of living
In our latest Of Interest podcast David Mahon explains what's going on in the Chinese economy, what needs to change and when he thinks things will be looking up
19th Sep 23, 9:09am
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In our latest Of Interest podcast David Mahon explains what's going on in the Chinese economy, what needs to change and when he thinks things will be looking up
Super Fund's value increased in past year by $9.7 bln to a record high $65.4 bln
13th Sep 23, 11:25am
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Super Fund's value increased in past year by $9.7 bln to a record high $65.4 bln
Latest RBNZ figures show that specific mortgage loan impairments rose 12.1% in the past month, while total non-performing mortgage loans were up 5.6%
31st Aug 23, 4:12pm
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Latest RBNZ figures show that specific mortgage loan impairments rose 12.1% in the past month, while total non-performing mortgage loans were up 5.6%
Consumer NZ says being unable to save is now the reality for many New Zealanders
24th Aug 23, 11:23am
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Consumer NZ says being unable to save is now the reality for many New Zealanders
[updated]
National hopes spreading KiwiSaver funds across multiple providers will drive competition, innovation, and lower fees
17th Aug 23, 10:14am
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National hopes spreading KiwiSaver funds across multiple providers will drive competition, innovation, and lower fees
Latest RBNZ lending figures show the total stock of mortgage borrowing has hit $350 billion for the first time, while the nearly $1.2 billion growth in the 'mortgage pile' last month was the most since November last year
31st Jul 23, 3:59pm
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Latest RBNZ lending figures show the total stock of mortgage borrowing has hit $350 billion for the first time, while the nearly $1.2 billion growth in the 'mortgage pile' last month was the most since November last year
David Hargreaves suggests that with KiwiSaver now 16 years old, it would be a good time to re-examine what its role is and how well it is set up to fill that role
19th Jul 23, 5:00am
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David Hargreaves suggests that with KiwiSaver now 16 years old, it would be a good time to re-examine what its role is and how well it is set up to fill that role
Financial Services Council says allowing renters to access savings for bonds is wrong but should at least provoke debate
18th Jul 23, 4:56pm
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Financial Services Council says allowing renters to access savings for bonds is wrong but should at least provoke debate
New Kiwibank spending data shows that despite the cost of living squeeze we are still spending as we need to - but discretion is being applied
11th Jul 23, 11:22am
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New Kiwibank spending data shows that despite the cost of living squeeze we are still spending as we need to - but discretion is being applied
Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far
10th Jul 23, 12:11pm
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Westpac economists say the average mortgage rate households are paying will rise by more over the coming year than it has so far
How are NZ savers faring as Aussie consumer group lobbies for banks to be forced to pay savers the best savings account rate they offer?
6th Jul 23, 5:00am
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How are NZ savers faring as Aussie consumer group lobbies for banks to be forced to pay savers the best savings account rate they offer?
ASB economists say term deposit rates are now slightly above the average level recorded over the past 20 years - but still below the levels savers received in the early 2000s
19th Jun 23, 3:25pm
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ASB economists say term deposit rates are now slightly above the average level recorded over the past 20 years - but still below the levels savers received in the early 2000s
Financial Markets Authority warns 'phony' interest rates comparison site likely harvesting information for fake investments
16th Jun 23, 12:17pm
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Financial Markets Authority warns 'phony' interest rates comparison site likely harvesting information for fake investments
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 3.2% over the past 12 months, which is the slowest rate of annual growth since late 2012
31st May 23, 3:55pm
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Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 3.2% over the past 12 months, which is the slowest rate of annual growth since late 2012
Whineray to leave NZ Super Fund after five years in charge and 15 years at the fund and will depart before the end of the year; search for a replacement to begin shortly
3rd May 23, 10:06am
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Whineray to leave NZ Super Fund after five years in charge and 15 years at the fund and will depart before the end of the year; search for a replacement to begin shortly
Stephen Roach says the economic interests of saving-short America are tightly aligned with its outsize imbalances of trade and capital flows
26th Apr 23, 7:53am
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Stephen Roach says the economic interests of saving-short America are tightly aligned with its outsize imbalances of trade and capital flows
Statistics New Zealand figures show falling property values trimmed $93 billion from household net worth, but in the December quarter rises in disposable income for household outstripped increases in spending
6th Apr 23, 12:23pm
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Statistics New Zealand figures show falling property values trimmed $93 billion from household net worth, but in the December quarter rises in disposable income for household outstripped increases in spending
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