Finance Minister’s ‘okay’ with minor inflation growth as OCR falls to 2.5%
Finance Minister’s ‘okay’ with minor inflation growth as OCR falls to 2.5% ZB Choose a region Shows Slide…
ANZ, ASB and Westpac react to OCR cut: Floating, flexible loan rates down after Reserve Bank decision
ASB has also trimmed interest rates for customers, with executive general manager personal banking Adam Boyd saying there…
Big OCR cut boosts hopes for economic recovery: ‘Past the worst’
The RBNZ’s Monetary Policy Committee was cautious in highlighting that inflation risks still. It warned that annual consumers…
BNZ cuts mortgage rates to match rivals ahead of OCR announcement
ASB, ANZ and Westpac cut their two-year fixed rates to 4.65%. The five major banks, including Kiwibank, dropped…
ASB, Westpac cut fixed mortgage rate to 4.49%, latest banks to drop after ANZ, BNZ ahead of OCR
The move sees the bank’s fixed one-year rate drop by 26 basis points (bps). Westpac’s fixed six-month rate…
Mortgage rate cuts: ANZ drops fixed rate below 4.5% day after BNZ as OCR decision due next week
She said ANZ was continuing to review home loan rates in response to international and local market conditions,…
BNZ cuts one-year fixed mortgage rate below 4.5% as next OCR decision looms
“For someone moving from our current average one-year rate of 5.19% per annum, with a $500,000 mortgage over…
Forecasts rise for OCR after GDP shrinks
Hamish Pepper: Forecasts rise for OCR after GDP shrinks ZB Choose a region Shows Slide previous Slide next…
Reserve Bank cuts OCR, economic recovery delayed but hopeful
At 3%, it’s well down from the 15-year peak of 5.5% that prevailed just over a year ago.…