We tour the economy’s four most interest rate-sensitive sectors for signs of a rate cut response
Impact to date more one of stabilisation than elevation
Perh...
Downtrend in interest rates arrives
Average mortgage borrowing terms are shorter than prior to past RBNZ easing cycles
That’s despite the extra upfront cost ...
Bank of New Zealand (BNZ) has taken another critical step toward open banking—better described as open data—becoming the first bank in New Zealand to meet a major mile...
BNZ is making changes to its variable home loan rates, passing on the full OCR cut of 0.50%.
BNZ General Manager Home Lending Products James Leydon says today’s dec...
BNZ is cutting its standard variable home loan rate, passing on the full OCR cut of 50-basis points.
This follows BNZ’s 50-basis point cut to its standard 6-month f...