The Red & Black Bond, issued by Westpac New Zealand Limited, is a five year bond with a 5.80% p.a. interest rate of which 5.3% p.a is paid to the investor and 0.50% p.a of each semi-annual interest payment is donated to the Christchurch Earthquake Appeal Trust to assist in the rebuild of Christchurch community […]

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent and says that while the NZ$ is so strong  this is likely to reduce the need for further OCR increases in the short term.

The good days of low floating mortgage rates could soon be over with some commentators predicting the Reserve bank could increase the cash rate on Thursday. It is generally agreed that the strong NZ dollar will lead to increases in rates before long so now could be the time to lock in a fixed rate […]

The Bank of New Zealand has announced that it is issuing a senior 5 year bond with a fixed return of 138 points over the 5 year swap rate which works out to be approximately 5.60% The bond will have a AA rating and rank equally with term deposits. BNZ Indicative Terms Sheet 7 July […]

Z Energy Limited is making an offer of secured, senior, fixed rate bonds for a term of 7 years at a fixed interest rate of 7.25% p.a. . The offer opened on Friday 8 July 2011 and will remain open until 5 August 2011 (unless extended by Z Energy). Applications for the bonds can only […]

The New Zealand Government is offering a four-year Earthquake Kiwi Bond at an interest rate of 4.0% p.a. This is like the other Kiwi Bonds however the money invested in this maturity will go towards meeting the costs to the Government of the recovery in Christchurch following the earthquakes of 4 September 2010 and 22 […]

If scammers steal your debit-card pin number, your bank account may be at risk. Fewer than half of banks promise zero-liability protection on debit-card pin transactions, says MarketWatch’s Andrea Coombes.

Make sure that you have paid at least $1042 into your Kiwisaver account by the end of June in order to qualify for the matching tax free deposit from the government which they call a tax credit. If you are a OnePath member then you need to fill in the attached Kiwisaver SILKS Additional Contribution […]

The BNZ is offering competitive rates of 4.60% for 180 days or 4.70% for 270 days plus you go in the draw to win tickets to the Rugby World Cup final. Just open any BNZ Term Deposit before 22 May 2011 and you’re in to win a trip for two to the Investec Super Rugby […]