Posts Tagged ‘interest rates’
Interest Rates »
ANZ and the National Bank have both increased rates for most terms of 18 months or more. The one rate they haven't changed is for a two-year term. The increases are all in the 10 to 15 point range. Much of the attention has been on ASB for hitting the 8.00% mark with its five-year rate. ANZ has increased its five year rate 14 points to 7.99%, [...]
Unemployment Hits Six Year High »
Unemployment has hit a six-year high, according to official figures out today. Statistics New Zealand's household labour force survey for the March quarter shows that the number of jobless rose by 7000 to 115,000 during the period, with the unemployment rate increasing to 5 percent from 4.7 percent. However, the unemployment rate is much lower [...]
What a difference a week makes »
Well it's been another week and lots has happened. Interest rates have started going up....Whats with that you are probably saying. Well that's the banks for you. The share markets have started to rally and already there are people saying the bears are dead and it's a bull run again...whats up with that you might be asking. That's the share [...]
