Monetary Policy

 Photo / Doug Sherring

Migration soars to new record

NZ's annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by Kiwis…

Specialists Ronnie Howard, left, and Christopher Culhane confer on the floor of the New York Stock Exchange. File photo / AP

Wall St up as IBM shares sink

Wall Street rose overnight amid solid corporate earnings, even as IBM proved the exception. In afternoon trading in New…

Mortgage Rates Provided by Interest.co.nz

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

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%

FMA: Beware cold-callers

Photo / Thinkstock

The Financial Markets Authority is sounding the alarm over cold-callers touting questionable foreign investment schemes…