Monetary Policy

The kiwi rose to 65.41 US cents at 8am in Wellington form 64.99 cents yesterday. The trade-weighted index advanced to 70.77 from 70.51 yesterday.

Dollar up as dairy prices lift

The New Zealand dollar gained after dairy prices rose at the latest GlobalDairyTrade auction, soothing concerns about the…

Mortgage Rates Provided by

Institution Term Percent
ANZ1 year fixed4.99%
ASB1 year fixed4.85%
BNZ1 year fixed4.35%
Kiwibank1 year fixed5.19%
Westpac1 year fixed4.99%

Savings Rates Provided by

Institution Minimum 1 Year
ANZ $1 3.50%
ASB $1 3.40%
BNZ $1 3.40%
Westpac $1 3.30%

Card spending up in September

On an annual basis, core retail spending rose 7.7pc from September last year, the biggest annual jump since January's 8pc  increase

Retail spending on electronic cards rose for a fifth month in September, led by an increase in expenditure on durable goods…