Finance News - June 9th In which direction are mortgage interest rates headed? 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 …
Finance News - May 26th New Zealand’s Top 10 KiwiSaver Funds According to the most recent KiwiSaver report, there are 3.39 million KiwiSaver members, who have $123bn invested across 38 schemes. Between those providers there are over 400 funds, offering a wide range of investment options, …
Finance News - April 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 worth …
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 access to …
Banking & Insurance - August 14th Canstar’s Most Satisfied Customers Credit Cards Awards A credit card is a great financial tool. If used wisely it can help smooth cashflow, and rewards cards can provide great cashbacks, flights and other freebies. However, some cards do come with high interest rates, …
Banking & Insurance - April 16th What is the Depositor Compensation Scheme KEY POINTS: From July 1, the Depositor Compensation Scheme (DCS) will protect savers' money deposited in savings accounts with registered banks and licensed deposit takers in NZ. The DCS will cover up to $100,000 of …
Banking & Insurance - August 18th FMG: Winner of Most Satisfied Customers Award 2024 Over the past few years, home and contents insurance premiums have been on the rise. More frequent extreme weather events, Earthquake Commission levy changes and the reassessment of customer risk by insurance companies have all …
Banking & Insurance - August 12th AMEX Rewards Cards Rated No.1 By Kiwis 2024 Congratulations to American Express, the winner of Canstar’s award for Most Satisfied Customers | Rewards Credit Cards. How do you like your credit card rewards? Across credit cards, the rewards on offer break down into two …
Finance News - September 5th NZ’s General Election: a Vote for the Housing Market? Next month's general election will not only decide the future of the government, but that of the housing market, too. Squirrel’s John Bolton gives his expert opinion on the political factors influencing the state of …
Banking & Insurance - June 19th Squirrel: Which Way Mortgage Rates? Now that inflation appears under control, what are mortgage rates likely to do? Squirrel mortgage expert John Bolton shares his views. Inflation under control For a while, there were some clear signs that we were starting to …
