Term Deposits - August 22nd Notice Saver Account: Lock away your money & access it within weeks Several New Zealand banks are offering savers something a little different than term deposits. A compromise, if you will, between locking away money out of reach and having it too easily accessible for a spur …
Finance News - August 22nd NZ economic growth: Term deposits, OCR and the NZ Dollar? There’s no denying that the marriage of interest rate and savings has been a rocky one of late but, with the Reserve Bank of New Zealand’s latest monetary policy review, the outlook is a bit …
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 …
