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Reserve Bank of New Zealand

  • NZ’s Central Bank Gives Mortgage Payers an Early Christmas Present With Interest Rate Cut
    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, 2024BY Rex Widerstrom
  • ‘Get a Resume, or Lose Support’: PM Luxon Issues Warning Amid Cuts to Benefits
    ‘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, 2024BY Rex Widerstrom
  • New Zealand’s Inflation Rate Now Below That of Australia, US, and OECD
    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, 2024BY Rex Widerstrom
  • New Zealand’s Reserve Bank Told to Act on Lack of Competition
    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, 2024BY Rex Widerstrom
  • Reserve Bank of New Zealand Cuts Interest by Half a Percent
    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, 2024BY Rex Widerstrom
  • Reserve Bank of NZ Defends Move to Keep Cash Rate High
    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, 2024BY Rex Widerstrom
  • New Zealanders Finally See Interest Rates Fall as Central Bank Braces for Another Recession
    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, 2024BY Rex Widerstrom
  • Reserve Bank of New Zealand Makes Aggressive Cash Rate Hike to 5.25 Percent
    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, 2023BY Rebecca Zhu
  • New Zealand Raises Interest Rate to 4.75 Percent, Eating Into Housing Affordability
    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, 2023BY Rebecca Zhu
  • Head of New Zealand Reserve Bank Concedes It Is Engineering a Recession
    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, 2022BY Rebecca Zhu
  • New Zealand Rolls out Single Biggest Rate Hike in History, Warns of Recession
    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, 2022BY Rebecca Zhu
  • New Zealand Annual Inflation Eases to 7.2 Percent, Economists Warn of Higher Interest Rate Hikes
    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, 2022BY Rebecca Zhu
  • New Zealand Raises Official Cash Rate by 0.5 Percent to 3.5 Percent, Considered 0.75 Percent Hike
    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, 2022BY Rebecca Zhu
  • New Zealand Cash Rate Raised to 3 Percent as Inflation Continues to Climb
    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, 2022BY Rebecca Zhu
  • New Zealand Reserve Bank Concedes Role in Country’s Skyrocketing Inflation
    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, 2022BY Rebecca Zhu
  • New Zealand Inflation Hits 7.3 Percent, Highest in 32 Years
    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, 2022BY Rebecca Zhu
  • New Zealand Reserve Bank Raises Cash Rate to 2.5 Percent, ‘Broadly Comfortable’ With Hike Rate
    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, 2022BY Rebecca Zhu
  • New Zealand Increases Official Cash Rate to Rein in Inflation
    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, 2022BY Rebecca Zhu
  • New Zealand Central Bank Hikes Interest Rates by Highest in Over Two Decades
    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, 2022BY Naveen Athrappully
  • Housing Aspirations for New Zealanders in 2022
    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, 2022BY Rebecca Zhu
TOP NEWS
  • France Probes Judicial System Failures After Murder of Schoolgirl
    NEW By Chris Summers
    France Probes Judicial System Failures After Murder of Schoolgirl
  • USDA Confirms More Cases of Flesh-Eating New World Screwworm in Texas
    1hr By Jack Phillips
    USDA Confirms More Cases of Flesh-Eating New World Screwworm in Texas
  • Iran Halts Strikes on Israel but Warns of Renewed Attacks in Lebanon
    2hr By Tom Ozimek
    Iran Halts Strikes on Israel but Warns of Renewed Attacks in Lebanon
  • Fujimori Leads Peru Presidential Vote in Tight Race
    2hr By Owen Evans
    Fujimori Leads Peru Presidential Vote in Tight Race
  • NATO Jets Shoot Down Drone Over Latvia
    3hr By Victoria Friedman
    NATO Jets Shoot Down Drone Over Latvia
  • SBA Suspends More Than 27,000 Ohio Loan Borrowers Due to Suspected Fraud
    3hr By Naveen Athrappully
    SBA Suspends More Than 27,000 Ohio Loan Borrowers Due to Suspected Fraud
  • Antares Nuclear Reactor Reaches Criticality, Achieves Major Energy Milestone
    4hr By Naveen Athrappully
    Antares Nuclear Reactor Reaches Criticality, Achieves Major Energy Milestone
  • Trump Says Israel, Iran Looking for Immediate Ceasefire, After He Called for End to Attacks
    4hr By Tom Ozimek
    Trump Says Israel, Iran Looking for Immediate Ceasefire, After He Called for End to Attacks
  • Houthis Declare Red Sea Off-Limits to Israeli Ships
    4hr By Evgenia Filimianova
    Houthis Declare Red Sea Off-Limits to Israeli Ships
  • UK, France, Germany Back Zelenskyy’s Call for Direct Talks With Putin to End Ukraine War
    4hr By Aldgra Fredly
    UK, France, Germany Back Zelenskyy’s Call for Direct Talks With Putin to End Ukraine War
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