Gareth Vaughan
Managing Editor at Interest.co.nz
Editor of https://t.co/r6YOGByoC6 among other things.
Articles
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4 days ago |
interest.co.nz | Gareth Vaughan |David Hargreaves |David Chaston
Personal Finance / analysis Our largest home loan lender shores up its rate position as challengers, including some of its main rivals, shift to lower positions in a tightly competitive market 3rd Jun 25, 5:06pm by ANZ, the nation's largest mortgage lender with more than 72% of all its lending in home loans (March 2025 RBNZ Dashboard), has moved to retain its market position by trimming its fixed rates. This move comes after BNZ (with less than 57% of all its loans in mortgages) moved last...
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4 days ago |
interest.co.nz | David Chaston |Gareth Vaughan |David Hargreaves
Here are the key things you need to know before you leave work today (or if you work from home, before you shutdown your laptop). MORTGAGE RATE CHANGESBank of China and ICBC both cut their floating rates. NBS (Nelson Building Society) cut both its fixed and floating rates. And ICBC, the Police Credit Union, and WBS all cut fixed rates. All rates are here. TERM DEPOSIT/SAVINGS RATE CHANGESRabobank trimmed its savings rates today following the OCR reduction. Bank of Baroda also cut TD rates.
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4 days ago |
interest.co.nz | David Chaston |Gareth Vaughan |David Hargreaves
Economy / news Dairy prices slip; US data underwhelms; Korea elects opposition candidate; China factories slow; EU inflation low; OECD sees lower growth; modest AU minimum wage rise; UST 10yr at 4.46%; gold down and oil up; NZ$1 = 60.1 USc; TWI-5 = 68.1 4th Jun 25, 7:19am by Here's our summary of key economic events overnight that affect New Zealand, with news the global economic expansion is losing pace, led by the US. But first up today, the overnight full dairy auction pulled back, and...
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4 days ago |
interest.co.nz | Greg Ninness |Gareth Vaughan |David Hargreaves
The housing market appears likely to remain overstocked over winter which is likely to continue keeping a lid on prices. The latest listing figures from Realestate.co.nz show that there were 34,415 residential properties available for sale on the website at the end of May, up 5.6% compared to the same time last year. That is the most stock that's been available for sale on the website in the month of May in 11 years.
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5 days ago |
interest.co.nz | Chris Trotter |Gareth Vaughan |David Hargreaves
By Chris Trotter*“Your mission, Mr Hipkins, should you choose to accept it, is to lead Labour to victory in 2026.” Except, as always, the drama of a Mission Impossible movie lies not in the what, but in the how. Of course Chris Hipkins is willing to lead Labour to a win. The real question is whether or not he is prepared to do what it takes to make the election of a stable and credible centre-left government something more than an impossible mission. What will it take?
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New Zealand's biggest bank, @ANZAotearoa, posts a 2% annual profit fall as net interest margin falls & expenses and hedging losses rise. https://t.co/MWu6wBCXsM
Associate Justice Minister Nicole McKee says @ReserveBankofNZ & @FMA_NZ to be stripped of AML/CFT Act supervisory roles with Department of Internal Affairs to be sole supervisor funded via industry levy. https://t.co/yDxd4OqVgo
Is New Zealand set for some Australian-style bank political theatre? https://t.co/uzfIFJIkTV
