Monetary Policy

The kiwi touched 67.90 US cents, its lowest level since June 2010, and was trading at 68.15 cents at 8am in Wellington, from 68.42 cents at the New York close and 68.85 cents at 5pm on Friday. Photo: NZ Herald.

NZD falls to fresh low

The kiwi dollar has fallen gain, as the Greece debt crisis pushes investors into 'safe havens".

Mortgage Rates Provided by Interest.co.nz

Institution Term Percent
ANZ1 year fixed5.10%
ASB1 year fixed5.49%
Kiwibank1 year fixed5.39%
Westpac1 year fixed5.49%

Building consents stall

Building consents were static in May as dwindling demand in Auckland offset increased construction intentions in other parts…

Savings Rates Provided by Interest.co.nz

Institution Minimum 1 Year
ANZ $1 4.00%
ASB $1 4.15%
BNZ $1 3.90%
Westpac $1 3.90%