Credit Cards - July 9th How is credit card interest calculated and charged? How and when does credit card interest get charged? What average interest rate can you expect to pay on a credit card? Credit card interest can be confusing to understand when so much of your money …
Everyday Accounts - July 2nd Award-winning Westpac talks everyday banking trends For the third year in a row, Westpac is Canstar Bank of the Year – Everyday Banking. Canstar checks in with Shane Howell, Westpac NZ chief product officer, about the bank’s award winning everyday banking …
Business Banking New Zealand - May 17th Budget 2018: Who wins and who loses? Finance minister Grant Robertson declared Budget 2018 the, "first steps in a plan for transformation". Mr Robertson says the Government is focussing on being "fiscally, socially and environmentally" responsible and to, "reverse untargeted tax cuts" and …
Finance News - May 10th Orr gives clear sign that OCR to hold at 1.75% ‘for some time to come’ Reserve Bank of New Zealand (RBNZ) governor Adrian Orr opened his first Monetary Policy Statement (MPS) with some sign language - and a loud-and-clear signal that the OCR will not move for some time to …
Finance News - April 11th ASB takes home Canstar innovation award Every year, Canstar assesses the new and innovative financial products and services launched on the New Zealand market and showcase those businesses in the financial sector that are leading the way. In 2018, ASB received …
Finance News - April 4th How do you know if you’re in mortgage stress? Co-author: Michelle Norton What is mortgage stress and how do I know if that’s what’s really ailing me? In general terms, mortgage stress is defined as directing more than 30% of your pre-tax income to home …
Finance News - August 1st New Zealand Housing market in cooling down period The rate of house value growth has slowed to its lowest point in five years, as the property market cools down in New Zealand’s main cities. Nationwide, property values have increased by 6.4% to $641,280 in …
Credit Cards - November 4th ASB credit card enters market with no account fee The low-rate card has the bank’s lowest ongoing purchase rate, 13.5% at the time of writing. ASB Visa Light also has a "Smart Rate" offer of 0% per annum, fixed for six months for big …
Budgeting & Saving Money - October 13th Kiwis prove financial fitness in world survey The OECD/INFE International Survey of Financial Literacy Competencies pools nearly 52,000 people across 30 countries (17 of them OECD), including 1300 New Zealanders between the ages of 18 and 79. While the French are the overall …
Finance News - August 23rd BNZ: The small business award winner Cannstar Bank of the Year – Small Business is awarded to the institution that provides the strongest combination of business loans, deposit and credit card products as well as excelling in a range of …