The Minister of Finance has announced he expects the Reserve Bank to have regard to house price sustainability when making its financial stability policy decisions. Expect Interest Only Lending to…
The Minister of Finance has announced he expects the Reserve Bank to have regard to house price sustainability when making its financial stability policy decisions. Expect Interest Only Lending to…
Happy New Year Folks. As the saying goes its as cheap as chips... :-)
Banks are @ 2.69% for 2 years.
WARNING! Notifications coming through from some of our small business customers reporting increasing incidences of theft. Tools / trailers / car wheels.... anything easily shiftable.
The Reserve Bank today announced an extension of the regulatory guidance for the mortgage deferrals program to help customers in need. The regulatory guidance means banks can continue to offer…
QE got a boost up to $100B today in the MPS. OCR remains on hold, for now, but a bias to getting the ducks in row to go negative in…
Fixed interest rates continue to fall in these money printing times. ANZ out today with 1 year fixed @ 2.79% and 2 years @ 2.95%.
The Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March. The Committee noted that a negative Official Cash Rate (OCR)…
Today the Reserve Bank has announced the removal of the LVR restrictions which have been in place since 2013. The restrictions will be removed for 12 months. Given that the…
The main banks are out with temporary mortgage relief packages in line with the 6 month “holiday” announced by the Government last week. This program is a JV between the…