Monetary Policy

Mortgage Rates Provided by Interest.co.nz

Institution Term Percent
ANZ1 year fixed6.15%
ASB1 year fixed6.09%
Kiwibank1 year fixed5.79%
Westpac1 year fixed6.09%

Net inflow hits record at 43,500

The net inflow of migrants hit a record 43,500 in the year ended August, boosting the population by nearly 1 per cent. Arrivals…

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%

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…