It said it was increasing a number of its fixed-term home loans.
New Zealand
Tuesday 3:16pm
Supermarket giant Woolworths will defend its discounting regime in Australian court against consumer watchdog claims it used fake discounts to mislead customers despite higher prices.
Business
Tuesday 8:09am
Tenants using artificial intelligence to help them make applications to the Tenancy Tribunal are creating extra work and backlog, one property manager says.
Tuesday 7:32am
He's in construction, she's in accounts and their granddaughter lives with them four days a week. What does it cost to feed this South Auckland family?
Life
Sat, Apr 18
Census data shows the number of households who do not own their homes has dropped in the past decade.
Mon, Apr 13
But it also said it only expected the rate to lift to 3%, from 2.25% currently - not the 3.5% it expected previously.
A 55-year-old Tauranga woman struggles to get by on her small income, with sometimes as little as $20 to spend on a week’s groceries.
Sat, Apr 11
Motorcyclists are putting their bike registrations on hold in protest at what they say are unfair increases to ACC levies.
Thu, Apr 9
News of a potential ceasefire and reopening of the Strait of Hormuz has sent the price of Brent crude sliding, but its impacts on Kiwi motorists are still to be felt.
Wed, Apr 8
Follow 1News' live updates as the Reserve Bank announces its decision on the official cash rate (OCR).
Interest in electric vehicles and home solar power has been piqued by rising oil prices sparked by the war in Iran.
Christopher Luxon says broad‑based support would be "unaffordable and irresponsible", as diesel prices rise faster than petrol and pressure grows on Kiwis.
Politics
Tue, Apr 7
It now costs a typical household $40 more to fill up their car than it did last week - and some are feeling it most.
Sun, Apr 5
A Wellington couple nearing retirement enjoy good food but feel the burden of other increased costs.
Sat, Apr 4
The war in Iran has forced fuel prices to skyrocket, so if the war ended today, how long would it take them to come down?
Fri, Apr 3
From today, fuel subsidies for support workers travelling between clients would increase from 63.5 cents to 82.5 cents per kilometre.
Health
Thu, Apr 2
The living wage was set by Living Wage Aotearoa NZ, a coalition of unions and other groups.
Wed, Apr 1
Transport Minister also hinted at scrapping the increases last week.
Mon, Mar 30
The cherry orchadist estimates 8.5 million machines – cars, trucks and industrial tools – could be electrified now, with today’s technology.
Sun, Mar 29
Finance Minister Nicola Willis outlined "four clear phases" that responded "proportionately" to the risks to New Zealand’s fuel security.
Fri, Mar 27
Retail NZ said it was pleased the government had listened to retailers in not progressing the bill - but Scott Simpson says Retail NZ was wrong.
Thu, Mar 26
Dealers say electric vehicles are being snapped up as Kiwis look for ways to cut fuel costs.
Environment
The increases come as most major banks raise their rates, with wholesale interest rates trending higher, driving up what it costs them to borrow the money they lend.
Wed, Mar 25
The Government today announced it would give $50 a week to families who qualify for the in-work tax credit.
Tue, Mar 24
Finance Minister Nicola Willis said from April 7, 143,000 working families with children will get an extra $50 a week through a boost to the in-work tax credit.
