Fair game? How Kiwi are about to get a fairer deal on their banking
Squirrel Blog
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13h ago
How do you define "fair" in the world of banking? Well, some new legislation - launching in 2025 - is about to lay down the ground rules. Here, Squirrel COO, Dave Tyrer, talks through the changes and what they could mean for banks and bank customers ..read more
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Market update: Economic pain will be borrowers’ gain (eventually)
Squirrel Blog
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13h ago
New Zealand economic data has painted a pretty sorry picture in recent months. But bad news for the economy will eventually be good news for Kiwi mortgage borrowers when it comes to the future of interest rates ..read more
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The housing construction decline is causing headaches
Squirrel Blog
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13h ago
Building costs have shot up by a whopping 40% over the last 3-4 years, and when you throw in sky-high interest rates and hurdles from the Resource Management Act, developers and home buyers alike are dealing with a real headache ..read more
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Should we all just pack it in and move to Australia?
Squirrel Blog
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13h ago
The economy is officially back in recession, and the prospects for a weaker labour market are scaring people. So, is everything bad and should we all go to Australia ..read more
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Rodney's Ravings: RBNZ doesn't need new labour market indicators, it needs better judgement
Squirrel Blog
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13h ago
New research from the RBNZ highlights the four key indicators that (it believes) give us the best idea of where inflation is at, and where it's headed. But Squirrel guest blogger, Rodney Dickens, reckons it's the RBNZ's judgement that needs work more than anything ..read more
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Opinion: Inflation falls to 4%...or does it?
Squirrel Blog
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13h ago
According to bank economists, NZ’s latest inflation stats make it clear it’s far too soon think about dropping interest rates. But the Chief, David Cunningham, reckons the official numbers don’t paint an accurate picture of the situation ..read more
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Rising listings: Construction's got some hurdles to jump
Squirrel Blog
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1M ago
Many Kiwi who had been holding off selling their properties are now putting them up for sale. But with plenty of existing properties entering the market, the outlook has just darkened further for developers of multi-unit complexes ..read more
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A submission to the Reserve Bank on proposed DTI limits
Squirrel Blog
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1M ago
The Reserve Bank recently asked for feedback on a new set of lending restrictions - DTIs - it's looking to introduce later this year. Here's what the team at Squirrel had to say as part of our submission ..read more
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What are DTIs?
Squirrel Blog
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1M ago
Later this year, a new set of lending restrictions - DTIs - will come into effect in New Zealand, setting rules for how much people can borrow to buy a home based on a multiple of their income. Here's what you need to know ..read more
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The future of open banking: A submission to the Commerce Commission
Squirrel Blog
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1M ago
Read our response to Payments NZ's recent application to the Commerce Commission, seeking an extension of its remit to oversee the development of a further framework to guide the delivery of open banking services in New Zealand ..read more
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