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Big, fat beautiful fees

Banks have lobbied themselves another profit centre under open banking, which could kill fintech innovation, Sam Stubbs of KiwiSaver Simplicity says.


Pausing while pass through of interest rate cuts catches up

Adding to the RBNZ’s cautious OCR approach and pause on cuts this month is the full impact of the large interest rate reductions over the past year is yet to be felt.  

Significant number of borrowers still hanging out for OCR cuts

Even though the OCR didn’t budge yesterday, a sizeable chunk of mortgage holders are expected to keep fixing at floating rates in the hope there will be further cuts.

Mortgage rates may have bottomed already as RBNZ holds OCR

While there’s debate within the Reserve Bank’s monetary policy committee about where interest rates are headed, mortgage rates have either bottomed already or have only a little further to fall, says Kiwibank chief economist Jarrod Kerr.

[BREAKING NEWS] What the RBNZ said today about interest rates

The Monetary Policy Committee today agreed to hold the Official Cash Rate at 3.25%. Here's why in its own words.

KAN's AB joins up with another group

Kiwi Adviser Network's one authorised body is moving to SHARE, but will keep aggregating through KAN.

Asset prices and spending going nowhere

Falling interest rates might not be sufficient to boost spending, the BNZ says.

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