Latest fromBank of New Zealand
Kiwibank joins rivals, lifts rates
Kiwibank has joined ANZ, Westpac and TSB today, moving to increase floating mortgage rates and cut longer term fixed rates.
Allied Nationwide reinvestment rate slips below 30pc
Alllied Nationwide Finance had a debenture reinvestment rate of 29.3pc in May.
NZ dollar up against greenback weakened by poor job data
The New Zealand dollar rose against a greenback hit by poor US jobs data, but eased against the euro and yen.
NZ Service sector showing signs of growth
New Zealand's service sector showed signs of growth last month, but some areas of the sector still face difficult times.
<i>Bernard Hickey</i>: Chilling levels of household debt finally dawns
NZers will look back on the winter of 2010 as the moment we finally realised the last decade of growth was a sham.
Made in NZ (yes, still)
Global recession hit hard, but it hasn't killed off New Zealand manufacturing. Suzanne McFadden went looking for signs of life.
Kiwibank follows rivals with big mortgage rate cuts
Kiwibank, which led its rivals in cutting two-year fixed home loan rates last week, has now followed them by reducing its three, four and five year rates.
Mortgage rates hike - all the banks now up
All the major trading banks have now lifted their mortgage rates, with BNZ becoming the last to move following the recent OCR hike.