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11 April 2024

Ranking New Zealand's best and worst savings accounts

Not all savings accounts are created equal, and it's worth knowing what all your options are so you can get set up with the one that best suits your savings goals. Here, we've pulled together a wrap-up of the different savings accounts available across New Zealand's main retail banks.

10 April 2024

Should we all just pack it in and move to Australia?

The economy is officially back in recession, and the prospects for a weaker labour market are scaring people. So, is everything bad and should we all go to Australia?

27 March 2024

The housing construction decline is causing headaches

Building costs have shot up by a whopping 40% over the last 3-4 years, and when you throw in sky-high interest rates and hurdles from the Resource Management Act, developers and home buyers alike are dealing with a real headache.

08 March 2024

Our top tips that could save you thousands on your mortgage

Over the life of your mortgage, you'll fork out at tens - probably hundreds - of thousands in interest payments. But there are tricks to help you get your home loan paid off faster, and save a packet.

06 March 2024

Rodney's Ravings: The major flaws in the Reserve Bank's OCR decision-making

Once inflation's got its hooks in, it can take years for interest rate hikes to trickle through and reverse the damage. But, as Rodney Dickens explains, a more proactive approach from the RBNZ could go a long way to solving that problem.

19 February 2024

How banks decide what your savings are worth: Part 1

Competition means it can really pay to shop around — and it’s the same deal when it comes to getting the best interest rate on your savings.

19 February 2024

How banks decide what your savings are worth: Part 2

Do banks price their term investments strategically, to try and tempt you to go for one term over another? Check out what our COO Dave Tyrer has to say about it.

14 February 2024

The housing market is moving, at a sluggish pace

If the Reserve Bank were to raise the cash rate again, they would overly depress the economy and end up having to cut interest rates aggressively through 2025 and 2026. So is it still likely that an extra tightening of monetary policy will occur?

09 February 2024

Market update: The waiting game continues, but more expecting rate falls in 2024

The Reserve Bank is giving nothing away ahead of its first Official Cash Rate announcement of the year, in late February, but the market is increasingly anticipating rate falls to start sometime this year.

05 February 2024

Why interest rates could be likely to tumble

With NZ's latest inflation numbers out in late January, it looks like we're finally winning the battle — and we could see annual inflation come down relatively quickly in the coming months. So what would that mean for interest rates?

20 January 2024

Four reasons why house prices are expected to rise throughout 2024

Why Tony Alexander believes that the 6% annualised pace of house price gains seen in the second half of 2023 may almost double once we get to the second half of this year.

18 December 2023

Market update: Tough talk from the RBNZ, but are rate falls on the cards for 2024?

Wholesale rates are one of the big drivers of bank mortgage rates — and in the last eight weeks or so, they’ve fallen about 0.7%. It’s a significant drop, which means they’re now back down to roughly where they were a year ago. So what does this mean for borrower interest rates?