Kiwibank and BNZ are the latest banks to cut home loan ... Kiwibank is also reducing some term deposit rates by between 5 and 10 basis points. Its one-year rate for more than $10,000 is 5.90 ...

The Reserve Bank of New Zealand reduced the official cash rate to 3.5 percent on Wednesday. This decision followed global ...

ASB is also lowering some of its term deposit rates by between 5-20bps ... for a six-month fixed term among the big banks along with BNZ. Data released today by CoreLogic NZ, which looked at ...

Although most rate changes focused on home loan floating and savings account rates, there was a first trimming of term ...