Monetary Policy

Mortgage Rates Provided by

Institution Term Percent
ANZ1 year fixed5.89%
ASB1 year fixed5.99%
BNZ1 year fixed5.69%
Kiwibank1 year fixed5.69%
Westpac1 year fixed5.99%

Verdict on China-led bank waits

The Government has yet to decide whether to join a multilateral bank to finance infrastructure in Asia, an initiative led…

Savings Rates Provided by

Institution Minimum 1 Year
ANZ $1 4.25%
ASB $1 4.25%
BNZ $1 3.90%
Westpac $1 4.20%

ECB buys $37.6b worth of bonds

The European Central Bank says it has bought 26.3 billion ($37.6 billion) worth of bonds under its controversial quantitative…