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Finance News - December 15th

Where Will Mortgage Rates Go in 2026?

Between November 2021 and May 2023, the Reserve Bank (RBNZ) lifted the Official Cash Rate (OCR) from its all-time low of 0.25% to 5.50% – a level not seen since before the GFC, in 2008. As…

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Banking Satisfaction - December 14th

Best Term Deposit Rates

Although term deposit rates have fallen in line with the Official Cash Rate (OCR), they remain an attractive investment option, with longer fixed terms offering around 4% p.a. It's also worth noting that the RBNZ's Depositor…

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Finance News - December 14th

Lowest Mortgage Rates in NZ

Since July 2024, the Reserve Bank (RBNZ) has cut the OCR nine times, and it now stands at 2.25%. In response, all the banks have trimmed their mortgage rates. At the start of September 2024, the…

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Finance News - December 9th

Mortgage Cashbacks: What's On Offer?

Canstar explores the current mortgage cashbacks on offer from the banks, and checks to see how the deals stack up. Mortgage Cashbacks While some banks make a big show of their first home buyer deals, it's…

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Banking & Insurance - December 7th

Best PIE Funds in NZ

PIE funds work exactly like term deposits, except the interest you earn can be taxed at a lower rate. These lower rates are called prescribed investor rates (PIRs): Annual Income Income Tax Rate PIR $15,601-$53,500 17.5%…

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