Source: PSA
Buy local this Black Friday – Buy NZ Made
Source: Buy NZ Made
Health Employment – New Zealanders say patients at risk because of nurse shortages – NZNO
Source: New Zealand Nurses Organisation
- Being redeployed to other areas.
- Changes to their duties or shifts.
- For the week of Monday 24 to Sunday 30 November they will not accept:
- Proposed amendments to their rosters.
- This action will occur at every place in New Zealand where Health New Zealand provides health services and/or disability support services.
- As always, NZNO members will provide Life Preserving Services as agreed between NZNO and Te Whatu Ora.
Health Employment – OIA Data reveals Health NZ delaying recruiting for vacant roles – PSA
Source: PSA
Tech and Business – NZ business embracing AI but missing customer connections – InternetNZ
Source: InternetNZ
Greenpeace says Government’s war on nature has sparked a powerful nationwide resistance
Source: Greenpeace
Serious injury outcome indicators: 2000–2024 – Stats NZ information release
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Banking – ASB trims interest rates
ASB is reducing interest rates across its variable home lending products in response to RBNZ's OCR announcement.
ASB’s Executive General Manager Personal Banking Adam Boyd says “We know that every little bit helps as we head into the holiday period, and the reductions we’ve made to our variable home loan rates should be welcome news to customers.
“We have carefully considered the impact interest rate reductions have for both borrowers and savers. We understand the importance of getting this balance right, particularly when household budgets are under pressure.
“We encourage our customers to talk to us about their savings as there are a range of options, including term deposits and bonus saver accounts, which may help them to save more in this environment, depending on their circumstances.
“It’s important that our lending customers receive the benefit of interest rate decreases as quickly as possible. As rates have dropped, we have significantly improved the time between OCR decisions and when new rates take effect. In the past year, we’ve delivered variable home lending changes within 5 business days on average, twice as fast when compared to the 2021 – 2023 period of OCR changes.”
|
Home Loan |
Current Rates |
New Rates |
Rate Change |
||||
|
Housing Variable |
5.99% |
5.79% |
-0.20 bps |
||||
|
Orbit Variable |
6.09% |
5.89% |
-0.20 bps |
||||
|
Back My Build |
3.54% |
3.34% |
-0.20 bps |
||||
|
|
|
|
|
ASB’s new variable home loan rates are effective within four business days of the November OCR announcement; for new customers on Friday 28th November 2025, and existing customers on Tuesday 2nd December 2025.
|
Savings |
Band |
Current Rates |
New Rates |
Rate Change |
|||||
|
Savings On Call & ASB Cash Fund* |
All Balances |
0.10% |
No change |
No change |
|||||
|
Savings Plus** |
1.80% |
1.60% |
– 0.20 bps |
||||||
|
Headstart* |
All Balances |
2.00% |
1.80% |
– 0.20 bps |
*These changes are effective from Tuesday 2nd December 2025.
**This change is effective from Monday 1st December 2025.
ASB has practical information for customers on the current interest rate environment available on its website as well support to help customers take control of their financial wellbeing and achieve their goals at its Financial Wellbeing Hub: https://www.asb.co.nz/banking-with-asb/financial-wellbeing.html


