What will the RBNZ do to the OCR next week? Economists give their guesses
Economists expect the OCR to be held at 2.25% at Wednesday’s RBNZ meeting.
Economists expect the OCR to be held at 2.25% at Wednesday’s RBNZ meeting.
Clients don’t all absorb information in the same way, some need visuals while others prefer numbers and detail. Many need both before they feel confident to make a decision. MORE »
Booster’s Wealth Series is the Wellington-based fund manager’s answer for investors looking to combine a level of active management with competitive value. MORE »
For the first time in a decade no bank has reached Consumer NZ’s customer satisfaction threshold for its Consumer Choice award.
Xceda is pleased to introduce Bruce Smith as Strategic Partnership Manager, supporting advisers with specialist lending scenarios and strengthening relationships across the adviser market.
ASB’s economists are favouring OCR hikes to start in July while Westpac thinks September is the right time.
Basecorp has closed out another securitisation programme raising funds for future lending.
REINZ welcomes regulation of methamphetamine contamination in rental housing.
As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.
Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.
| Unity First Home Buyer special | 3.95 |
| SBS FirstHome Combo | 4.19 |
| ICBC | 4.49 |
| Co-operative Bank - First Home Special | 4.55 |
| Kainga Ora | 4.59 |
| Unity Special | 4.59 |
| AIA - Go Home Loans | 4.65 |
| Co-operative Bank - Owner Occ | 4.65 |
| ASB Bank | 4.65 |
| BNZ - Std | 4.65 |
| Nelson Building Society | 4.69 |
| ICBC | 4.89 |
| Kainga Ora | 4.95 |
| China Construction Bank | 4.95 |
| Unity Special | 5.09 |
| Nelson Building Society | 5.09 |
| SBS Bank Special | 5.19 |
| Westpac Special | 5.19 |
| BNZ - Std | 5.19 |
| AIA - Go Home Loans | 5.25 |
| TSB Special | 5.25 |
| ASB Bank | 5.25 |
| ICBC | 5.65 |
| Kainga Ora | 5.69 |
| SBS Bank Special | 5.79 |
| Westpac Special | 5.79 |
| BNZ - Std | 5.79 |
| AIA - Go Home Loans | 5.89 |
| Co-operative Bank - Owner Occ | 5.89 |
| ASB Bank | 5.89 |
| TSB Special | 5.99 |
| Kiwibank Special | 5.99 |
| China Construction Bank | 5.99 |
| SBS FirstHome Combo | 3.29 |
| AIA - Back My Build | 3.34 |
| SBS Construction lending for FHB | 3.74 |
| CFML 321 Loans | 3.95 |
| Co-operative Bank - Standard | 4.99 |
| Co-operative Bank - Owner Occ | 4.99 |
| Heartland Bank - Online | 5.30 |
| ICBC | 5.39 |
| Kiwibank Special | 5.75 |
| Kiwibank - Offset | 5.75 |
| Kiwibank | 5.75 |
Small business lender Prospa adds two new Business Development Managers.
FMT adds Tauranga-based BDM
New Zealanders may be underestimating how much they need to save for retirement – and calculators that tell different stories aren’t helping, one consultant says.
Financial advisers need to remember that value-for-money is an ongoing expectation in KiwiSaver, one financial advice technology specialist says, not something that can be dealt with once and ticked off.
KiwiSaver managers are likely to expand their allocation to private assets in the coming years, the Financial Markets Authority says, but one investment adviser says there should be more demand for it than there is.
OCR predictions for next week
What will the Reserve Bank do with the OCR next week? Here's what top economists are predicting.