Kōrero: Prices and inflation

Advertising interest rates

Advertising interest rates

Banks advertise interest rates to attract two kinds of custom: those with savings who will seek high interest rates, and those who want to borrow, who seek low rates. In this December 2009 advertisement ANZ New Zealand seeks to attract house buyers with a 5.69% interest rate on home loans. At that time, $5000 on a twelve-month term deposit with ANZ New Zealand earned 5.00%.

Te whakamahi i tēnei tūemi

Te Ara - The Encyclopedia of New Zealand
Photograph by Emily Tutaki

Ngā whakaahua me ngā rauemi katoa o tēnei kōrero

Te tuhi tohutoro mō tēnei whārangi:

Adolf Stroombergen, 'Prices and inflation - Price of labour and capital', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/photograph/23099/advertising-interest-rates (accessed 7 August 2020)

He kōrero nā Adolf Stroombergen, i tāngia i te 11 Mar 2010