Home /

Bollard keeps OCR on hold


Reserve Bank Governor Alan Bollard kept the official cash rate unchanged at 2.5 per cent and pushed out the track for future rate hikes as Europe's instability weighs heavily on global growth.

Latest Video

Supermarket shakeup
New Zealand

Supermarket shakeup

Grocery commissioner Pierre van Heerden doubles down on calls for a third big retailer and wholesaler to compete with Foodstuffs and Woolworths, speaking with BusinessDesk.