interest.co.nz

Cuts to savings account interest rates have started with one bank cutting less than the OCR reduction

Cuts to savings account interest rates have started with one bank cutting less than the OCR reduction The OCR rate cut has a ...

NZ central bank signals end to easing cycle after cutting rates to over 3-year low

New Zealand's central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level ...

Banking code updates focused on scam prevention

The Banking Association is criticising social media, technology and telcom companies for not doing enough to prevent scams.
Biometric Update

MyMahi school digital ID gives Kiwi students new way to register for bank accounts

A new initiative in New Zealand is enabling teenagers as young as 13 to open a bank account remotely using digital ID, ...
U.S. News & World Report

New Zealand Keeps Interest Rates on Hold but Flags Likely Cut

WELLINGTON (Reuters) -New Zealand's central bank held the benchmark interest rate at 3.25% on Wednesday, noting near-term inflation risks, but said it expected to loosen monetary policy if price ...
interest.co.nz

Associate Justice Minister Nicole McKee hails move to broaden banks' ability to share information to combat fraudsters and scammers

Associate Justice Minister Nicole McKee hails move to broaden banks' ability to share information to combat fraudsters and ...

New Zealand central bank says economic recovery picking up

New Zealand's top central banker said on Thursday that early indicators suggest the economy had been expanding during the ...