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Personal Finance

With wholesale interest rates on the rise as the markets expect an OCR rise soon, we check where term deposit rates are now and how they compare to Aussie rates, where no rate rises are on the horizon
19th Sep 21, 6:00am
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With wholesale interest rates on the rise as the markets expect an OCR rise soon, we check where term deposit rates are now and how they compare to Aussie rates, where no rate rises are on the horizon
ASB sets a new tone in the mortgage market with 30 basis points rate hikes for the most popular fixed home loan terms, takes 18 month and two year rates above 3%. Westpac has matched them
16th Sep 21, 9:30am
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ASB sets a new tone in the mortgage market with 30 basis points rate hikes for the most popular fixed home loan terms, takes 18 month and two year rates above 3%. Westpac has matched them
ANZ pushes one-year, 18-month, two-year and three-year fixed-term mortgages rates higher
16th Sep 21, 7:41am
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ANZ pushes one-year, 18-month, two-year and three-year fixed-term mortgages rates higher
Are we about to go back to the future fast with as much as a sudden 100 basis points rise in fixed mortgage rate offers? The wholesale cost of money suggests that is a live possibility
15th Sep 21, 6:51pm
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Are we about to go back to the future fast with as much as a sudden 100 basis points rise in fixed mortgage rate offers? The wholesale cost of money suggests that is a live possibility
Our financial markets regulator is warning of three 'unique' types of scams on the rise since the start of Covid-19
15th Sep 21, 9:06am
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Our financial markets regulator is warning of three 'unique' types of scams on the rise since the start of Covid-19
Hobbled by the pandemic and rising rates, banks respond to the Spring real estate selling season with restrained rises rather than outright rate cuts
13th Sep 21, 8:58am
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Hobbled by the pandemic and rising rates, banks respond to the Spring real estate selling season with restrained rises rather than outright rate cuts
Government delaying start of the Credit Contracts Legislation Amendment Act by two months due to community battle with Covid-19
9th Sep 21, 5:25pm
Government delaying start of the Credit Contracts Legislation Amendment Act by two months due to community battle with Covid-19
HSBC trims its three year fixed home loan rate as it raises term deposit rates. This new 3yr rate gives it a substantial advantage over all the main banks
8th Sep 21, 11:08am
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HSBC trims its three year fixed home loan rate as it raises term deposit rates. This new 3yr rate gives it a substantial advantage over all the main banks
The Red Bank raises both mortgage rates and term deposit rates, with a couple with a special position, but most little different from its rivals
6th Sep 21, 6:59pm
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The Red Bank raises both mortgage rates and term deposit rates, with a couple with a special position, but most little different from its rivals
Highly liquid gold delivers superior risk-adjusted returns than other commodities, is a proven store of value, and has low volatility, says the World Gold Council
5th Sep 21, 8:00am
by Guest
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Highly liquid gold delivers superior risk-adjusted returns than other commodities, is a proven store of value, and has low volatility, says the World Gold Council
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
3rd Sep 21, 7:39am
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
The second largest mortgage lender raises fixed home loan rates for terms three years and longer, responding to recent wholesale rate rises
2nd Sep 21, 9:29am
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The second largest mortgage lender raises fixed home loan rates for terms three years and longer, responding to recent wholesale rate rises
Data from Kiwibank economists shows a significant drop in spending during the latest lockdown - but much smaller than the drop seen at Level 4 last year
1st Sep 21, 11:53am
Data from Kiwibank economists shows a significant drop in spending during the latest lockdown - but much smaller than the drop seen at Level 4 last year
RBNZ analytical note suggests OCR change is felt by home loan borrowers within a month, with biggest impact taking 6 months
30th Aug 21, 11:39am
RBNZ analytical note suggests OCR change is felt by home loan borrowers within a month, with biggest impact taking 6 months
Kiwibank boss Steve Jurkovich says little noticeable impact on customers so far since move into Covid-19 level 4 lockdown
26th Aug 21, 1:11pm
Kiwibank boss Steve Jurkovich says little noticeable impact on customers so far since move into Covid-19 level 4 lockdown
Caught out by the rapid changes wrought by the sudden onset of delta covid, ANZ has back-tracked some of its home loan rate rises pushed through a week ago just before the RBNZ MPS
24th Aug 21, 6:53pm
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Caught out by the rapid changes wrought by the sudden onset of delta covid, ANZ has back-tracked some of its home loan rate rises pushed through a week ago just before the RBNZ MPS
The New Zealand Bankers' Association says there are no plans to resurrect the mortgage deferral scheme, but isn't ruling out doing so
24th Aug 21, 8:00am
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The New Zealand Bankers' Association says there are no plans to resurrect the mortgage deferral scheme, but isn't ruling out doing so
No major changes to mortgage rates or house price inflation expected in the near-term on the back of Covid-19 halting a much-anticipated OCR hike
20th Aug 21, 1:26pm
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No major changes to mortgage rates or house price inflation expected in the near-term on the back of Covid-19 halting a much-anticipated OCR hike
Westpac NZ subsidiary Red Bird Ventures prepares launch of open banking payments app 'Buck' which will be available to the customers of all NZ's major banks
19th Aug 21, 5:00am
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Westpac NZ subsidiary Red Bird Ventures prepares launch of open banking payments app 'Buck' which will be available to the customers of all NZ's major banks
A kick higher in ANZ's raised term deposit offers may just be the start of rising rates for savers even if they are starting from an under-water position, below inflation
17th Aug 21, 12:14pm
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A kick higher in ANZ's raised term deposit offers may just be the start of rising rates for savers even if they are starting from an under-water position, below inflation
With swap rates rising relentlessly and an expected OCR hike due on Wednesday, New Zealand's largest mortgage lender has hiked fixed home loan rates across the board
17th Aug 21, 8:10am
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With swap rates rising relentlessly and an expected OCR hike due on Wednesday, New Zealand's largest mortgage lender has hiked fixed home loan rates across the board
HSBC announces some substantial home loan rate reductions but these come amidst sharp wholesale market movements and just 14 days after they hiked rates sharply
6th Aug 21, 11:45am
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HSBC announces some substantial home loan rate reductions but these come amidst sharp wholesale market movements and just 14 days after they hiked rates sharply
SBS Bank launches a comprehensive home loan offer for first home buyers featuring a 1.99% rate fixed for one year, boosted by four other incentives
6th Aug 21, 10:31am
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SBS Bank launches a comprehensive home loan offer for first home buyers featuring a 1.99% rate fixed for one year, boosted by four other incentives