Monetary Policy

Mortgage Rates Provided by

Institution Term Percent
ANZ1 year fixed4.89%
ASB1 year fixed4.85%
BNZ1 year fixed4.39%
Kiwibank1 year fixed4.85%
Westpac1 year fixed4.85%

Savings Rates Provided by

Institution Minimum 1 Year
ANZ $1 3.05%
ASB $1 3.15%
BNZ $1 3.00%
Westpac $1 3.05%

Farewell to the folding stuff

Banks are planning for a future where all transactions are virtual. Photo / NZME.

It is now easier than ever to imagine a New Zealand without notes and coins - and not just for the convenience factor.

Kiwibank can't cry poor - QC

Kiwibank's been accused of unfairly shutting down business bank accounts, prompted by new anti money-laundering laws.