Westpac lifts longer-term mortgage and term deposit rates by whopping 30 basis points
Indeed, Westpac said wholesale rate rises were behind its decision to lift its two-, three-, four- and five-year…
New Reserve Bank Governor Dr Anna Breman keen on transparency and cautious on money printing
A proponent of transparency, she stressed that any changes to the way monetary policy decision-making was communicated should…
International economists pick Reserve Bank will have to cut Official Cash Rate again
The Kiwi dollar was more sensitive than peers to shifts in global risk appetite, BMI said. “Key headwinds…
Lake Whakamaru: Ngāti Te Kohera hapū occupies reserve over housing development plan in South Waikato
“We have no choice but to be here,” said hapū representative Craig Ahipene. He said the proposed development…
Fisher & Paykel Healthcare drives NZ sharemarket up – Market close
“It’s given back a bit of ground, and that ground that we have given back has been post…
Reserve Bank Governor Christian Hawkesby comfortable, despite markets suggesting fixed mortgage rates might rise soon
Asked on Thursday morning what he made of swap rates rising, Hawkesby told the Herald, “I think we…
Reserve Bank gets new chair, board member
“The appointments are the latest milestones in the refresh of the Reserve Bank,” Finance Minister Nicola Willis said.…
Do rate rises in response to the OCR cut suggest the Reserve Bank bungled its comms and slowed the economy recovery?
One expert the Herald spoke to was worried that the Reserve Bank strongly suggesting it was at the…
Reserve Bank narrows odds on new Governor cutting in February
It published a rate track suggesting this is likely to be the lowest the official cash rate goes…
Reserve Bank cuts Official Cash Rate in final decision of 2025 before new governor begins
Liam Dann is business editor-at-large for the New Zealand Herald. He is a senior writer and columnist, and…
NZ sharemarket starts week up 0.6% – Market close
A larger reduction? Greg Smith, investment specialist at Generate, said there was a positive sentiment for global markets…
OCR Preview: Another rate cut coming – but will it be the last?
“We don’t expect the RBNZ to cut further next year (barring a global shock),” said ANZ chief economist…