ASB has announced significant reductions in its fixed mortgage rates, aligning with other major banks; the six-month fixed rate drops by 16 basis points to 5.29%, while the one-year fixed rate decreases by 6 basis points to 4.89%. ASB’s executive noted that borrowers now pay 2.5% less interest compared to 18 months ago, potentially saving $12,500 annually on a $500,000 loan.
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The world’s safest countries in 2025: Where does New Zealand rank?
New Zealand has been ranked the third safest country in the world for 2025, according to the Global Peace Index by the Institute for Economics and Peace, rising from fifth place in 2024. Iceland remains the top-ranked country, followed by Ireland in second place, with the index assessing factors like societal safety, conflict levels, and militarization. Want More Context? 🔎
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