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Reserve Bank of New Zealand
NZ’s Central Bank Gives Mortgage Payers an Early Christmas Present With Interest Rate Cut
The official cash rate has been cut by 50 points, providing homeowners with some relief, and retailers with some hope.
November 27, 2024
BY
Rex Widerstrom
‘Get a Resume, or Lose Support’: PM Luxon Issues Warning Amid Cuts to Benefits
Christopher Luxon has used social media to warn beneficiaries that his government intends to enforce tough new sanctions ...
November 6, 2024
BY
Rex Widerstrom
New Zealand’s Inflation Rate Now Below That of Australia, US, and OECD
New Zealand's Finance Minister says the country has 'turned the corner on interest rates' as inflation reaches 2.2 ...
October 16, 2024
BY
Rex Widerstrom
New Zealand’s Reserve Bank Told to Act on Lack of Competition
Finance Minister Nicola Willis has told the Bank to use its regulatory powers to encourage more banking competition, ...
October 15, 2024
BY
Rex Widerstrom
Reserve Bank of New Zealand Cuts Interest by Half a Percent
The Bank today lowered the Official Cash Rate (OCR) by 50 basis points in an attempt to boost ...
October 9, 2024
BY
Rex Widerstrom
Reserve Bank of NZ Defends Move to Keep Cash Rate High
New Zealand's Reserve Bank says its following the trend of central banks worldwide, despite the US Federal Reserve's ...
October 7, 2024
BY
Rex Widerstrom
New Zealanders Finally See Interest Rates Fall as Central Bank Braces for Another Recession
The Reserve Bank of New Zealand has made a surprise decision to reduce the official cash rate, and ...
August 14, 2024
BY
Rex Widerstrom
Reserve Bank of New Zealand Makes Aggressive Cash Rate Hike to 5.25 Percent
The Reserve Bank of New Zealand (RBNZ) has made its 11th consecutive official cash rate (OCR) hike, up ...
April 5, 2023
BY
Rebecca Zhu
New Zealand Raises Interest Rate to 4.75 Percent, Eating Into Housing Affordability
New Zealand’s central bank has raised the official cash rate (OCR) by another 50 basis points to 4.75 ...
February 22, 2023
BY
Rebecca Zhu
Head of New Zealand Reserve Bank Concedes It Is Engineering a Recession
Adrian Orr, governor of the Reserve Bank of New Zealand (RBNZ), admitted the bank was engineering a recession ...
November 24, 2022
BY
Rebecca Zhu
New Zealand Rolls out Single Biggest Rate Hike in History, Warns of Recession
The New Zealand Reserve Bank (RBNZ) has delivered its largest official cash rate (OCR) hike of 75 basis ...
November 23, 2022
BY
Rebecca Zhu
New Zealand Annual Inflation Eases to 7.2 Percent, Economists Warn of Higher Interest Rate Hikes
New Zealand’s quarterly inflation rose to 2.2 percent in the three months to September, while the annual inflation ...
October 18, 2022
BY
Rebecca Zhu
New Zealand Raises Official Cash Rate by 0.5 Percent to 3.5 Percent, Considered 0.75 Percent Hike
The Reserve Bank of New Zealand (RBNZ) made its fifth consecutive 50 basis point hike, raising the cash ...
October 5, 2022
BY
Rebecca Zhu
New Zealand Cash Rate Raised to 3 Percent as Inflation Continues to Climb
The Reserve Bank of New Zealand (RBNZ) has raised the cash rate by 50 basis points to three ...
August 17, 2022
BY
Rebecca Zhu
New Zealand Reserve Bank Concedes Role in Country’s Skyrocketing Inflation
The governor of New Zealand’s central bank admitted to the institution’s role in contributing to the country’s high ...
July 27, 2022
BY
Rebecca Zhu
New Zealand Inflation Hits 7.3 Percent, Highest in 32 Years
New Zealand’s (NZ) annual inflation accelerated to 7.3 percent in June, reaching a new 32-year high and surpassing ...
July 18, 2022
BY
Rebecca Zhu
New Zealand Reserve Bank Raises Cash Rate to 2.5 Percent, ‘Broadly Comfortable’ With Hike Rate
The Reserve Bank of New Zealand (RBNZ) made its sixth consecutive cash rate hike in July, moving the ...
July 13, 2022
BY
Rebecca Zhu
New Zealand Increases Official Cash Rate to Rein in Inflation
The New Zealand Reserve Bank has hiked interest rates by half a percentage point to two percent as ...
May 25, 2022
BY
Rebecca Zhu
New Zealand Central Bank Hikes Interest Rates by Highest in Over Two Decades
The Reserve Bank of New Zealand (RBNZ) has raised its official cash rate (OCR) by 50 basis points ...
April 13, 2022
BY
Naveen Athrappully
Housing Aspirations for New Zealanders in 2022
The COVID-19 pandemic has pushed many New Zealand (NZ) families to think broadly about the space they want ...
February 9, 2022
BY
Rebecca Zhu
TOP NEWS
France Probes Judicial System Failures After Murder of Schoolgirl
NEW
By
Chris Summers
USDA Confirms More Cases of Flesh-Eating New World Screwworm in Texas
1hr
By
Jack Phillips
Iran Halts Strikes on Israel but Warns of Renewed Attacks in Lebanon
2hr
By
Tom Ozimek
Fujimori Leads Peru Presidential Vote in Tight Race
2hr
By
Owen Evans
NATO Jets Shoot Down Drone Over Latvia
3hr
By
Victoria Friedman
SBA Suspends More Than 27,000 Ohio Loan Borrowers Due to Suspected Fraud
3hr
By
Naveen Athrappully
Antares Nuclear Reactor Reaches Criticality, Achieves Major Energy Milestone
4hr
By
Naveen Athrappully
Trump Says Israel, Iran Looking for Immediate Ceasefire, After He Called for End to Attacks
4hr
By
Tom Ozimek
Houthis Declare Red Sea Off-Limits to Israeli Ships
4hr
By
Evgenia Filimianova
UK, France, Germany Back Zelenskyy’s Call for Direct Talks With Putin to End Ukraine War
4hr
By
Aldgra Fredly