Interest rates
Extreme weather events have slowed economic growth, adding to the case for another Aussie rate cut
6th Jun 25, 9:30am
Extreme weather events have slowed economic growth, adding to the case for another Aussie rate cut
Latest monthly RBNZ figures show that in April those taking up new mortgages had a clear split between two strategies - with some prepared to wait for further OCR cuts while others were happier to fix for longer terms
5th Jun 25, 3:53pm
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Latest monthly RBNZ figures show that in April those taking up new mortgages had a clear split between two strategies - with some prepared to wait for further OCR cuts while others were happier to fix for longer terms
Future Official Cash Rate decisions in 2025 are ‘all effectively live’, ASB economists say
4th Jun 25, 2:04pm
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Future Official Cash Rate decisions in 2025 are ‘all effectively live’, ASB economists say
Latest monthly RBNZ figures show a substantial move to longer fixed term mortgages is happening, while, separately, investors are slowly taking more of an interest in the market
4th Jun 25, 2:00pm
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Latest monthly RBNZ figures show a substantial move to longer fixed term mortgages is happening, while, separately, investors are slowly taking more of an interest in the market
Pandemic inflation still haunts the RBNZ, making policymakers more cautious on rate cuts than economic models advise
30th May 25, 10:07am
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Pandemic inflation still haunts the RBNZ, making policymakers more cautious on rate cuts than economic models advise
Sub 4% rates become pervasive among the major banks. The challenger banks are mostly still in the 4%+ range. And finance companies are still largely offering 5%+ rates. All for DCS guaranteed security
29th May 25, 4:58pm
Sub 4% rates become pervasive among the major banks. The challenger banks are mostly still in the 4%+ range. And finance companies are still largely offering 5%+ rates. All for DCS guaranteed security
ANZ Property Focus Report says ample supply of homes for sale is keeping a lid on prices - expects mortgage rates to bottom out around the end of the year
29th May 25, 2:57pm
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ANZ Property Focus Report says ample supply of homes for sale is keeping a lid on prices - expects mortgage rates to bottom out around the end of the year
The Reserve Bank says it isn’t biased towards lowering the Official Cash Rate further after cutting it to 3.25% in a 5-1 vote on Wednesday
28th May 25, 7:58pm
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The Reserve Bank says it isn’t biased towards lowering the Official Cash Rate further after cutting it to 3.25% in a 5-1 vote on Wednesday
Reserve Bank cuts OCR to 3.25% and indicates there may be one more cut this year - bank economists may have expected and hoped for more; RBNZ's GDP forecasts for this year cut
28th May 25, 2:16pm
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Reserve Bank cuts OCR to 3.25% and indicates there may be one more cut this year - bank economists may have expected and hoped for more; RBNZ's GDP forecasts for this year cut
[updated]
BNZ jumped the gun with a -25 bps floating rate cut, ANZ, ASB only cut -20 bps, and now Westpac only passes on -15 bps of the OCR cut, as does Kiwibank
27th May 25, 8:03am
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BNZ jumped the gun with a -25 bps floating rate cut, ANZ, ASB only cut -20 bps, and now Westpac only passes on -15 bps of the OCR cut, as does Kiwibank
The Reserve Bank will likely cut the Official Cash Rate from 3.50% to 3.25% in the coming week, but it's really anybody's guess what might happen after that
25th May 25, 6:00am
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The Reserve Bank will likely cut the Official Cash Rate from 3.50% to 3.25% in the coming week, but it's really anybody's guess what might happen after that
Major new Reserve Bank survey shows businesses have across-the-board expectation of rising inflation
The first official release of results from a new survey the Reserve Bank has spent a lot of time developing have provided something of a headache for the central bank ahead of next week's Official Cash Rate decision
21st May 25, 3:43pm
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The first official release of results from a new survey the Reserve Bank has spent a lot of time developing have provided something of a headache for the central bank ahead of next week's Official Cash Rate decision
The Co-operative Bank announces floating rate cut from its already market-leading low, to under 6%. The change is immediate for new customers, but in two weeks for existing ones
14th May 25, 2:43pm
The Co-operative Bank announces floating rate cut from its already market-leading low, to under 6%. The change is immediate for new customers, but in two weeks for existing ones
The Reserve Bank meets three times a year to set interest rates without seeing updated inflation data at its monetary policy reviews
14th May 25, 5:00am
The Reserve Bank meets three times a year to set interest rates without seeing updated inflation data at its monetary policy reviews
Latest monthly RBNZ figures show that in March one and two-year fixed mortgage terms were very much back in vogue, while far fewer customers went for floating terms
8th May 25, 3:40pm
Latest monthly RBNZ figures show that in March one and two-year fixed mortgage terms were very much back in vogue, while far fewer customers went for floating terms