Bernard Hickey: Trim debt load with the savings we make for you
Reserve Bank figures show household debt, which is 94 per cent mortgages, is still 141.7 per cent of disposable income.
Reserve Bank figures show household debt, which is 94 per cent mortgages, is still 141.7 per cent of disposable income.
Columnist spurs borrowers to demand lower interest rates.
Westpac, Kiwibank and ASB have all made cuts to some of their mortgage rates today, as the mortgage war heats up.
New Zealanders are saving more than they were less than two years ago but are missing out on deals by not shopping around, says one bank.
BNZ had a 64 per cent drop in its provision for bad and doubtful debts in the first half.
There's a lot going on in the latest Reserve Bank Financial Stability Report...
The New Zealand dollar fell to a four-month low overnight amid market concern about the election of new governments in France and Greece.
These voter revolts could destroy what had been an article of faith among bond investors: that modern democracies never default on their debts.
The New Zealand dollar may fall from a 3 and-a-half month low this week.