Monetary Policy

Reserve Bank Governor Graeme Wheeler. Photo / Mark Mitchell

OCR left unchanged

There is a distinctly more dovish tone to the Reserve Bank's official cash rate statement this morning. As universally…

Mortgage Rates Provided by Interest.co.nz

Institution Term Percent
ANZ1 year fixed6.15%
ASB1 year fixed6.09%
Kiwibank1 year fixed5.69%
Westpac1 year fixed6.09%

Chocolate prices set to rise

The cost of ingredients in chocolate bars is rising, and the biggest sweet makers in the US have already warned of price…

Savings Rates Provided by Interest.co.nz

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

Generous banks lure in clients

Banks are offering cash, TVs and furniture vouchers to entice customers into taking out home loan. Photo / Thinkstock

Banks are offering cash, TVs and furniture vouchers to entice customers into taking out home loans - but experts warn consumers…