Home Loans - May 11th OCR stays at 1.75% whilst term deposit rates cause uproar As widely predicted, Governor Graeme Wheeler announced today (11 May) the OCR is to remain at the current rate, citing high levels of household spending, construction activity and strong population growth. Reserve Bank Governor Graeme Wheeler But …
Term Deposits - February 15th How to start saving for your first term deposit Term deposits are a great way to get a better return on your savings than leaving the money in the bank. Read Canstar’s latest term deposit report to find out what you could be earning …
Finance News - February 15th Term deposit products and the pros and cons While headline interest rates are often the first thing you notice, there are other things to consider before making a selection from the types of term deposits available. Keep in mind, as well, term deposits are not …
Term Deposits - February 15th Kiwibank term deposits: What’s happening in the market In 2017, Canstar rated 9 term deposits from 9 different providers, looking at the rates they offer, as well as various features, such as early withdrawal, statement options and discounts and bonuses. When it comes to …
Finance News - February 15th Long term deposits vs. short term deposits: What’s the difference? So you want to find the best way to maximise your money, who can blame you? A term deposit is a popular option to keep savings out of reach and to boost those dollars in …
Finance News - February 15th Term deposit rates rise despite OCR cuts If you’re looking to boost your savings, the out-of-sight out-of-mind theory can work to your advantage. Term deposits offer just that; you reap the benefits of stopping yourself before dipping into the kitty. But what …
Finance News - February 8th Consumption rises as cash rate holds at 1.75% This is New Zealand’s first OCR announcement for 2017 and follows three cash rate cuts – totalling 75 basis points – in 2016. The bank suggests the OCR may not increase for the next two years, …
Industry - November 1st 47% Share Of Kiwibank Sold in $494 Million Deal NZ Super and the Accident Compensation Corporation (ACC) have signed off on a $494 million deal to acquire an almost 50% shareholding of Kiwibank. A struggling NZ Post has sold 25% shares in Kiwibank to the …
Term Deposits - October 25th What is an automatic rollover & what does it mean for your term deposit? Term deposit customers who are on their toes can get the best returns for their money. Regardless of whether savers choose long-term deposit accounts – or something as short-term as a few months – it …
Finance News - September 29th Term deposits: Popular investment terms and market uncertainty There’s no denying that making a profit on your savings is currently a challenge, with New Zealand’s cash rate dropping by 100 basis points in the 12 months to February 2016. With the official rate …
