Monetary Policy

Federal Reserve Chair Janet Yellen. Photo / AP

Fed holds steady on rates

The Fed appears on track to raise interest rates later this year but has signaled that it wants to see further economic…

Mortgage Rates Provided by Interest.co.nz

Institution Term Percent
ANZ1 year fixed5.10%
ASB1 year fixed5.25%
Kiwibank1 year fixed5.39%
Westpac1 year fixed5.39%

Dairy's decline here to last?

Three Fonterra directors are up for re-election at the next annual meeting including chairman John Wilson pictured here at the NZ National Fieldays. Photo / Alan Gibson

As milk prices fall, farmers keep waiting for the cycle to turn. But what if Fonterra's problems are longer term, asks Jamie…

Building consents dip in June

New Zealand residential building consents fell 4.1 per cent in June as construction intentions in Canterbury tapered off…

Savings Rates Provided by Interest.co.nz

Institution Minimum 1 Year
ANZ $1 3.90%
ASB $1 3.65%
BNZ $1 3.65%
Westpac $1 3.60%

Dollar up on rosier Wheeler talk

The dollar has rallied after what the markets perceived as a more optimistic view of the economy from Reserve Bank Governor…