House prices are languishing even as interest rates decline but sales volumes are holding up

The Cooperative Bank kicks off the latest round of floating home loan rate reductions with matching cuts to variable rates and savings account rates. ANZ follows with a lesser cut, Westpac too. Now Kiwibank

Reserve Bank admits surprise that house prices have not been increasing - but points out only about half the impact of interest rate cuts made so far has fed through into the economy

When doves fly: Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and businesses could further dampen economic growth; Hawkesby has applied for RBNZ Governor job

All eyes will be on Heartland Bank's key reverse mortgage product when it reports annual results on August 21

The New Zealand Tax Podcast. Rising overdue tax debt reveals inconsistencies in Inland Revenue’s management. Could a CGT help solve the house price affordability crisis? And how many taxpayers are reporting overseas income?

After 'pausing' at its last Official Cash Rate Review in July the Reserve Bank will almost certainly cut rates again in the coming week. As ever, attention will quickly switch to whether further cuts might follow