ANZ, National Bank raise interest rates
ANZ and National Bank have announced increases to their variable mortgage and savings account rates of around 25 basis points.
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ASB lifts interest rates - first bank to move
ASB Bank has become the first big bank to lift its interest rates - and it says there are more to come.
Banks behind rural property stagnation - REINZ
The rural property sector remains stagnant because prices and sales are being dictated by banks, REINZ says.
<i>Bernard Hickey: </i> Why house prices will fall 15 per cent
New Zealand's housing market is running out of puff.
OCR up, mortgages to rise $10 a week
The average floating mortgage is expected to rise by $10 a week after the Reserve Bank lifted the OCR for the first time since 2007.
<i>Brian Fallow :</i> A lot of assumptions in OCR move
For borrowers the Reserve Bank's statement makes dispiriting reading...
<i>Inside Money:</i> This account is overdue
Inside Money:Why are the rich just as tardy with bills as the poor?
Quarter of Kiwis plan to skip paying bills, says survey
One in four New Zealanders will pay their bills late over the next year, with 35pc saying they would miss paying the TV bill if they ran short of cash.
Kiwibank, HSBC warned about mortgage fees
The Commerce Commission has warned Kiwibank and HSBC about the formulas the two banks used to use to work out mortgage break fees.