Results: Banks
Jobs growth in New Zealand has hit a roadblock
Wholesale interest rates in NZ have increased in recent months, and there has essentially been no jobs growth in New Zealand since...
Inflation's backing down, but it's still got a way to go
If borrowers are hoping that the just-announced fall in the country’s rate of inflation to a four year low of 4.0% from the 2022 p...
Interest rates expected to slide by the end of the year
The changes that the Reserve Bank will make its first cut to the official cash rate before the end of this year is rising — and he...
Uncertainty around mortgage interest rates
The past 1-2 weeks has brought quite a pullback in confidence about inflation and monetary policy, but it's not because the economic outlook has suddenly improved.
Interest rates on an upward march
The long-awaited monetary policy tightening cycle has now kicked off in New Zealand as the need for record low interest rates to combat feared effects of Covid-19 has disappeared, and the need to fight rising inflation has soared.
Two triggers for rate rises
At some stage banks will raise their fixed lending rates to avoid locking in lending at low margins for a number of years. There are two potential triggers for these rate rises, according to Economist Tony Alexander
New borrowers will pay more
If borrowers are approaching taking on a new mortgage with a view (conscious or not) that rates tend to fall over time and debt management is made easy, they had best think again.
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New Zealand
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New Zealand
Helped me get an improved rate and sorted out my needs. Great communication, kept me up to date throughout the process.