Reserve Bank Governor says the bank wants to be in the position next year where monetary policy is off the front pages. 'Let everything else drive the economy and we can sit in the back seat'

Co-operative Bank first to cut floating mortgage rate following RBNZ's OCR cut with a 31 bps reduction to 4.99%. Westpac, ANZ & ASB cut 20 bps, Kiwibank & BNZ by only 15 bps

Eleventh hour attempt by business groups to convince government not to ban surcharging, suggest capping them instead

A review of things you need to know before you sign off on Wednesday; RBNZ cuts as expected, few changes so far, Westpac cuts dairy payout forecast, FHP delivers strong result, Aussie CPI jumps, swaps up, NZD jumps, & more