Business

 
The kiwi  was trading at 80.96 cents at 8am in Wellington, from 81.84 cents at 5pm yesterday. Photo / Getty

Dollar plunges to 7-month low

The Kiwi dollar dropped to a seven-month low after the US Fed raised its expectation for the level of interest rates by…

 

Mortgage Rates Provided by Interest.co.nz

Institution Term Percent
ANZ1 year fixed6.15%
ASB1 year fixed6.09%
Kiwibank1 year fixed5.99%
Westpac1 year fixed6.09%

Savings Rates Provided by Interest.co.nz

Institution Minimum 1 Year
ANZ $1 4.50%
ASB $1 4.25%
BNZ $1 4.40%
Kiwibank $2,000 3.15%
Westpac $1 4.35%

Slow fix for Sydney housing

The lack of available housing in Sydney will take up to five years to correct, according to one of Australia's largest property…

Big jump in house sales tipped

House sellers and estate agents will breathe a sigh of relief after Saturday's election, which is expected to end a property…