Mortgages | interest.co.nz
WEBHelping you make financial decisions. Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong.
Term deposits 1 to 5 years | interest.co.nz
WEBHelping you make financial decisions
BNZ raises term deposit rates | interest.co.nz
WEBAt the same time as it raised mortgage rates, BNZ has also raised term deposit rates. Its 90 day term deposit rate was lowered to 3.00% from 3.25%, and nine month rate was also lowered to 3.80% from 3.85%. Their 90 day TD rate was raised by a small amount to 3.30% from 3.25%, and their 9 month rate has been increased to 3.90% from 3.85%.
Food prices rising again after a fall in the year to June
WEBStatistics NZ says in the year to July 2024 food prices increased 0.6%, following a 0.3% decrease in the year to June. However, separately rents increased 4.3% in the year to July and this is actually the slowest rate of increase since November 2023, showing that the recent rampant increases in rentals may finally be easing.
Deposit calculator | interest.co.nz
WEBDeposit calculator. This is a powerful calculator, designed specifically for New Zealand conditions. Use it to compare your after-tax return from two different investment choices. Start with the left-hand option. Choose the type of investment from the "Investment Type" drop-down box, and then set the other criteria.
'New builds' to be exempt from tax rule change for 20 years
WEBThe Government has defined what it proposes will constitute a “new build” to be exempt from a major law change that prevents residential property investors from deducting interest as an expense when paying tax. The Government proposes a property be considered “new” for 20 years from the time its code of compliance certificate is issued.
Financial and Economic News & Commentary | interest.co.nz
WEB3 days ago · US and Australian interest rate decisions dictating the next NZ dollar move. Roger J Kerr says all the economic indicators and financial market direction in the US point to continuing lower interest rates and a depreciating US dollar value. 9th Sep 24, 8:27am. by Roger J Kerr.
Can the Left assemble a winning coalition? | interest.co.nz
WEBTo win the next election, “the Left”, as we still rather hopefully refer to it, needs three key demographics. Voting together, the Māori and Pasifika working class, professional-managerial staff employed by the state, and “progressive” Baby Boomer superannuitants, cannot fail to return a combination of Labour, the Greens and Te …
The banks with the best term deposit offers in 2023
WEBJan 3, 2024 · Main Banks. For a 3 month term deposit it is ANZ that had the best overall rates in 2023 for a main bank. They got there by having the third highest rates in the July-September quarter of any bank. Otherwise there were fairly average. BNZ was second among main banks, helped by their April-June rate levels.
Kiwibank reprises a 4% one-year term deposit rate - Interest
WEBKiwibank has become the first 'main' bank to offer 4% per annum for a one-year term deposit in this interest rate cycle. The last time a main bank had a 4% one-year rate was July 2015, seven years ago. Kiwibank is itself following a range of challenger banks, and is very likely to be followed by the big Aussie-owned banks, although they may ...