BNZ chief economist Tony Alexander is opting for three year fixed rates, as his preferred lending option, although these rates are significantly higher than shorter duration rates.

Auckland

UPDATED: South Canterbury Finance is teetering on the edge of moving into junk bond status.

Real recovery will take a while.   Peter Lynn describes how people will start to spend again.  But, that could be more than a year away.

In this edition of Tyndall Comment, we explain why our research indicates that recent market rally optimism is premature.   Production is now beginning to track lower demand levels, households are saving more and spending less - and, governments across the world are less able to provide fiscal support for their economies.  Even with "hold-out" countries like Australia, the outlook is notably weaker.

Wellington

Managed fund research house FundSource has produced its first ever research report on a Liontamer fund.

New Zealand banks' pricing of fixed-rate loans is "reasonable" given the cost of funds though there is room for lenders to reduce floating-rate products, according to the central bank.

New Zealand banks' pricing of fixed-rate loans is "reasonable" given the cost of funds though there is room for lenders to reduce floating-rate products, according to the central bank.

New Zealand banks' pricing of fixed-rate loans is "reasonable" given the cost of funds though there is room for lenders to reduce floating-rate products, according to the central bank.

BNZ bond offer raises $260 mill; Rates rise; Fortress Notes find more life, but outlook remains grim.