Finance News - February 15th Consider personal finances before choosing term deposit 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 wins term deposit award four years running 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 give bigger returns in 2017 – but at what cost? 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 Term Deposit Rollover – and is it a good thing? 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 Kiwibank: CANSTAR’s 2016 Term Deposit champion 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 …
Term Deposits - September 23rd Are Kiwis breaking even on their savings? The days of having a cash rate as high as 8.25% are only a faint memory now. While this is fantastic for those paying off a home loan, it′s bad news for those trying to …
Finance News - September 22nd Official cash rate at 2% and signals for greater cuts New Zealand’s cash rate remains at 2% following the Reserve Bank’s latest announcement, but further cuts are expected. House price inflation is “excessive”, creating financial stability concerns, but new macroprudential policies signal a moderate influence on …
