Latest in Finance News

Banking & Insurance - January 12th

Best High Interest Savings Accounts in New Zealand

What is a high interest savings account? High interest savings accounts typically offer higher rates of interest than traditional savings accounts, and break down into three main types: Instant access savings accounts These accounts offer instant…

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Banking & Insurance - January 11th

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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Banking Satisfaction - January 11th

Best Term Deposit Rates

Although term deposit rates have fallen in line with the Official Cash Rate (OCR), they remain an attractive investment option, and many rates have risen slightly over the past couple of months in line with recent…

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Finance News - January 11th

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%. However, it seems that mortgage rates have already bottomed out. Due to the prospect of the RBNZ…

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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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