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Results: Credit Policy

Seedlings growing in soil
10 September 2021

Strong growth is a key factor driving higher interest rates

The bounceback in economic activity in New Zealand since the first nationwide lockdown last year has been so strong that the unemp...

"Expect delays" traffic sign
26 August 2021

Rate rises delayed but with upside risk

Borrowers could reasonably expect higher rates at their peaks, but not necessarily a faster speed of increase. Our central bank ha...

Piggy bank with coins on table
13 August 2021

Mortgage rates are going up

On Wednesday 18 August the Reserve Bank will review the record low 0.25% official cash rate set in place back in March 2020 when w...

04 March 2020

How parents can help their children buy a home

Many first-home buyers receive help from their parents to purchase their first property and there are a few ways this can be done. Here's how, and what the pros and cons are.

Standalone house on flat landscaped section in New Zealand
17 February 2020

Debt and borrowing power: Key things to know

Does existing debt affect borrowing power? The short answer is yes, typically. The long answer is it can depend on the type of debt, as well as the size of your deposit.

Hand holding credit card, in front of laptop
02 December 2019

Rumour mill: Will banks reduce their test interest rates?

There’s currently much speculation about whether banks will reduce their test interest rates in 2020. What would be the impact if they do?

Top view of printed graph and spreadsheet, a pen and pad on laptop.
15 November 2019

Bank lending restrictions easing

After the Reserve Bank’s recent decision to keep the Official Cash Rate at one percent, it looks like there could be more good news on the way for borrowers.

Corporate male pointing at graph on table