Term Deposits - August 22nd Term deposits traps: Always read the fine print The days of 9% term deposit rates are a distant memory but banks remain fiercely competitive in a bid to win your investment dollar. And, while retirees may not get the same returns on their …
Term Deposits - August 16th Investment options: Fixed interest and where to start Putting your savings in the bank might be the go-to for many people, but it’s not everyone’s first choice out of the fixed interest investment options. They’d rather put their money elsewhere. That “elsewhere” in …
Term Deposits - August 16th How to negotiate a better term deposit rate Negotiation is just as powerful a tool when shopping for term deposits as it is when shopping for a car or a new fridge. You are probably already comfortable with walking into a shop and …
Term Deposits - August 15th 8 ways banks make a profit off you Love it or hate it, banks provide a service that most of us use regularly – if not daily. The further you go in understanding how banks work, including the ways banks make money, the …
Finance News - August 15th Why the RBNZ cash rate was cut Economists predicted a cut to the Reserve Bank Cash Rate, but what does the current cash rate of 2% mean for borrowers and Term Deposit savers? Reserve Bank Cash Rate: why it was cut On …
Term Deposits - August 14th Kiwibank: Award winner for term deposits Why Kiwibank is our 2016 winner Kiwibank is our term deposits winner for the third year in a row – well done, Kiwibank! Here are just some of the reasons why: They have the top interest …
Term Deposits - August 12th How NZ stacks up against global cash rates Co-author: James Hurwood New Zealand’s OCR is now sitting at a record-low 2%, after the Reserve Bank of New Zealand released its monetary policy on 11 August. In saying this, New Zealand’s cash rate is pretty …
Savings Accounts - August 9th Interest rate trends and what’s being affected in the economy In August 2016 the Reserve Bank of New Zealand cut the official cash rate to 2.00%, citing a shaky global growth outlook and a weak domestic economy. Announcing the decision, the Reserve Bank Governor Graeme Wheeler explained that the following …
Finance News - August 4th Long vs short term deposits: What’s right for you? Six months or two years? One year or five years? Choosing the correct tenure to get your best term deposit rates in New Zealand can be quite the minefield. The choice of tenure of your term …
Finance News - June 8th Investors: Low interest rate taking its toll Self-funded retirees and other investors seeking yield without investment risk have been facing a challenging environment for some time now and it would appear that yields are not about to rise in the near future. …
