News
Why mortgage rates don’t follow the OCR
1+ hour, 41+ min ago (842+ words) The Reserve Bank has begun raising the OCR — but Bernard Hickey is not convinced it needed to move just yet. He joins Nadine Higgins on The Prosperity Project to explain why, Keacy Carty made the Black Caps pay in Guyana....
‘Doesn’t feel right’ - Bernard Hickey on raising interest rates - The Prosperity Project
1+ hour, 39+ min ago (462+ words) Raising interest rates while youth unemployment sits at a 30-year high “doesn’t feel right”, according to economic commentator Bernard Hickey. Hickey, founder of The Kākā, told Nadine Higgins on The Prosperity Project podcast that the Reserve Bank could have waited…...
Westpac first major bank to lift interest rates following OCR hike
3+ day, 19+ hour ago (284+ words) Westpac is the first bank in the country to raise interest rates following yesterday’s Official Cash Rate hike. The changes will come into effect on Monday for new customers and Thursday for existing customers. Westpac’s variable home loan rates will…...
Reserve Bank lifts Official Cash Rate to 2.5%
4+ day, 14+ hour ago (75+ words) NZ Herald - Stay ahead with the latest market moves, corporate updates, and economic insights by subscribing to our Business newsletter – your essential weekly round-up of all the business news you need. 'A banned phrase' – why nobody is ready to talk…...
OCR takes a hike - New Zealand News
4+ day, 17+ hour ago (742+ words) Business editor at large Liam Dann explains the latest OCR hike. Video \ Jason Dorday OCR update from The Reserve Bank Nicola Willis on OCR Lifting Afternoon Headlines | Labour promises low-interest solar loans; rockfall and floodwaters keep Kaikōura closed for close…...
Will the Reserve Bank hold interest rates steady a little longer? | Herald NOW Business
4+ day, 22+ hour ago (833+ words) Kaikōura Volunteer Fire Brigade chief Craig Guthrie discusses the reality of the floods. Video / Ryan Bridge TODAY Skim milk powder down 7% in Global Dairy Trade event. Video / Ryan Bridge TODAY Newstalk ZB South Island news director Claire Sherwood with the…...
To hike or not to hike? Here's what the banks predict for today's OCR decision | Ryan Bridge TODAY
4+ day, 22+ hour ago (833+ words) Kaikōura Volunteer Fire Brigade chief Craig Guthrie discusses the reality of the floods. Video / Ryan Bridge TODAY Skim milk powder down 7% in Global Dairy Trade event. Video / Ryan Bridge TODAY Newstalk ZB South Island news director Claire Sherwood with the…...
Why the next OCR move is anything but simple
5+ day, 13+ hour ago (534+ words) All eyes are on the Reserve Bank this week, as it prepares to make its latest call on the Official Cash Rate. Just weeks ago, a hike looked likely. But as the Reserve Bank (RBNZ) is set to release its…...
Public cash, private gains: How open should government loans be?
6+ day, 21+ hour ago (1099+ words) The $1.2 billion Regional Infrastructure Fund is almost entirely spoken for, either ring-fenced for specific purposes such critical minerals mines, saving Oji Fibre’s Kinleith pulp mill and a Northland dry dock, or allocated and, in some cases, paid out to projects…...
Economists split as RBNZ weighs knife-edge cash rate call
1+ week, 1+ hour ago (722+ words) Economists are divided on the chances of the Reserve Bank raising the Official Cash Rate this week, although markets have retained strong odds on a hike. The Reserve Bank (RBNZ) releases its July Monetary Policy Review at 2pm on Wednesday. It…...