OCR

Reserve Bank’s Monetary Policy Committee to have votes made public when consensus over Official Cash Rate decisions isn’t reached, members encouraged to share individual views as new charter comes into effect

Reserve Bank’s Monetary Policy Committee to have votes made public when consensus over Official Cash Rate decisions isn’t reached, members encouraged to share individual views as new charter comes into effect

Risk sentiment weakened after Hormuz will likely remain closed for some time. Brent crude surged, exceeding the March peak. Bank of Canada and Fed leave policy unchanged. Global rates are much higher while equities are softer

Risk sentiment weakened after Hormuz will likely remain closed for some time. Brent crude surged, exceeding the March peak. Bank of Canada and Fed leave policy unchanged. Global rates are much higher while equities are softer

ANZ NZ economists say a small decline in house prices this year is 'the most likely scenario'

ANZ NZ economists say a small decline in house prices this year is 'the most likely scenario'

Risk sentiment is marginally weaker awaiting updates on the US-Iran conflict. US consumer confidence shows a surprising lift; Euro area inflation expectations show a sharp lift, driving a short-end lift in European yields; US Treasury yields push higher

Risk sentiment is marginally weaker awaiting updates on the US-Iran conflict. US consumer confidence shows a surprising lift; Euro area inflation expectations show a sharp lift, driving a short-end lift in European yields; US Treasury yields push higher

Rising inflation pressure underpins rising wholesale interest rates and then retail mortgage rate offers. That opens up opportunities to grab a lower fixed rate while they are temporarily available

Rising inflation pressure underpins rising wholesale interest rates and then retail mortgage rate offers. That opens up opportunities to grab a lower fixed rate while they are temporarily available

On the US-Iran conflict, nothing much has changed; the Strait of Hormuz remains closed, and there is no clearer indication of when it might reopen or when US-Iran peace negotiations may occur. But US and Japan equity markets rise to fresh record highs

On the US-Iran conflict, nothing much has changed; the Strait of Hormuz remains closed, and there is no clearer indication of when it might reopen or when US-Iran peace negotiations may occur. But US and Japan equity markets rise to fresh record highs

Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins

Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins

Risk sentiment has weakened with only bad news from the Middle East conflict and the Strait of Hormuz remaining effectively closed. Oil prices higher, US equities weaker, US rates higher and the USD is broadly stronger

Risk sentiment has weakened with only bad news from the Middle East conflict and the Strait of Hormuz remaining effectively closed. Oil prices higher, US equities weaker, US rates higher and the USD is broadly stronger

Oil pushes higher as the markets await fresh developments in the Mid-East, after the lack of peace talks and an extension of the ceasefire. US equities stronger, ignoring the doomsday scenario of a prolonged disruption of oil supply

Oil pushes higher as the markets await fresh developments in the Mid-East, after the lack of peace talks and an extension of the ceasefire. US equities stronger, ignoring the doomsday scenario of a prolonged disruption of oil supply

Risk sentiment weaker with doubt over US-Iran peace talks. Brent crude close to USD100. US and European equities weaker. Global rates higher, with 'strong' US retail sales adding to upside pressure on US Treasury yields

Risk sentiment weaker with doubt over US-Iran peace talks. Brent crude close to USD100. US and European equities weaker. Global rates higher, with 'strong' US retail sales adding to upside pressure on US Treasury yields

Kiwibank makes mortgage rate changes, staying competitive for one year fixed but they now have the highest carded rates for longer fixed terms. Its matching term deposit rate changes are for terms savers don't favour

Kiwibank makes mortgage rate changes, staying competitive for one year fixed but they now have the highest carded rates for longer fixed terms. Its matching term deposit rate changes are for terms savers don't favour

Market reaction well-contained even with rising tensions in the US-Iran conflict. Strait of Hormuz to remain closed until a peace deal is signed. US equities show modest fall, little change in US Treasuries and currencies

Market reaction well-contained even with rising tensions in the US-Iran conflict. Strait of Hormuz to remain closed until a peace deal is signed. US equities show modest fall, little change in US Treasuries and currencies

The Co-operative Bank CEO Mark Wilkshire puts a spotlight on floating mortgage rates, where his bank is the outlier

The Co-operative Bank CEO Mark Wilkshire puts a spotlight on floating mortgage rates, where his bank is the outlier

Friday headlines drove investors into believing the US-Iran conflict is nearing an end (spoiler: the Strait of Hormuz is not open.) Currency market not sucked into the rhetoric. USD weakness reverses

Friday headlines drove investors into believing the US-Iran conflict is nearing an end (spoiler: the Strait of Hormuz is not open.) Currency market not sucked into the rhetoric. USD weakness reverses

Don't expect the March quarter to show much price pressure, economists say as some suggest annual inflation will soften slightly before it accelerates in the June quarter

Don't expect the March quarter to show much price pressure, economists say as some suggest annual inflation will soften slightly before it accelerates in the June quarter