Personal Finance

Mike Jones says mortgage fixing behaviour now appears less sensitive to current relative pricing, and more focused on the risks and opportunities from the shape of the next interest rate cycle

Mike Jones says mortgage fixing behaviour now appears less sensitive to current relative pricing, and more focused on the risks and opportunities from the shape of the next interest rate cycle

Rate cut announcements to savings accounts have started to flow with the six banks advising changes so far, ranging from no-change to -30 bps

Rate cut announcements to savings accounts have started to flow with the six banks advising changes so far, ranging from no-change to -30 bps

The Cooperative Bank kicks off the latest round of floating home loan rate reductions with matching cuts to variable rates and savings account rates. ANZ follows with a lesser cut, Westpac too. Now Kiwibank

The Cooperative Bank kicks off the latest round of floating home loan rate reductions with matching cuts to variable rates and savings account rates. ANZ follows with a lesser cut, Westpac too. Now Kiwibank

Lynda Moore says the temptations of starting and running your own business need to be assessed with a clear, calculated and honest assessment of what it will do for your cashflow, time commitment, and lifestyle

Lynda Moore says the temptations of starting and running your own business need to be assessed with a clear, calculated and honest assessment of what it will do for your cashflow, time commitment, and lifestyle

SBS Bank cuts its first home buyer 'Combo' rate to 3.99%, its lowest rate since May 2022

SBS Bank cuts its first home buyer 'Combo' rate to 3.99%, its lowest rate since May 2022

Term deposit rate offers have been falling as home loan rates are cut. We benchmark how the spread of offers compare for savers, and note the standouts

Term deposit rate offers have been falling as home loan rates are cut. We benchmark how the spread of offers compare for savers, and note the standouts

ASB follows all its main rivals with matching fixed mortgage rate reductions that leave it with a me-too rate card. It cuts term deposit rates at the same time

ASB follows all its main rivals with matching fixed mortgage rate reductions that leave it with a me-too rate card. It cuts term deposit rates at the same time

The latest quarterly Household Expectations Survey for the Reserve Bank finds that households reckon the inflation rate will be 4.0% in a year and 3.0% in two years - probably encouraging news for the RBNZ ahead of the latest OCR review

The latest quarterly Household Expectations Survey for the Reserve Bank finds that households reckon the inflation rate will be 4.0% in a year and 3.0% in two years - probably encouraging news for the RBNZ ahead of the latest OCR review

Lynda Moore says to move up the stages of building wealth, remember, change is not an event, it’s a process.  You need to allow the time for the process to happen

Lynda Moore says to move up the stages of building wealth, remember, change is not an event, it’s a process.  You need to allow the time for the process to happen

Kiwibank the third major to cut mortgage rates this week, but it only matches ANZ and BNZ who went before. However, they also cut term deposit rates at the same time. Ditto Westpac

Kiwibank the third major to cut mortgage rates this week, but it only matches ANZ and BNZ who went before. However, they also cut term deposit rates at the same time. Ditto Westpac

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

Banning contactless and credit card surcharges won’t help – open banking reform is what’s needed

Banning contactless and credit card surcharges won’t help – open banking reform is what’s needed

New BIS research paper looks at the 'unique set of challenges' posed by stablecoins and outlines the potential required policy response

New BIS research paper looks at the 'unique set of challenges' posed by stablecoins and outlines the potential required policy response