Kiwibank lifts deposit rates but you won’t be seeing a real return on your money this year

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WELLINGTON (CU)_Kiwibank this week, lifted its rates on nine and 12-month term deposits, going ahead of most of its rivals. However, according to the bank’s chief economist, depositors won’t be seeing positive real returns on their funds before 2023.

The Wellington-based financial service provider now offers…

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