All major banks pass on full OCR cut to customers
Westpac says it will pass on the full OCR cut.
Westpac says it will pass on the full OCR cut.
The central bank was not scheduled to review the OCR until March 25.
Comment: A surge in joblessness would indicate our economy has slammed into reverse.
Comment: The Reserve Banks appears no longer content with its limited authority.
Still more fiscal stimulus looks likely if the coronavirus outbreak gets worse.
New Zealand's economy faces a short sharp shock in first quarter, says economic institute.
The Reserve Bank is relying on three channels to assess local coronavirus fallout.
Central bank predicts mild hit from coronavirus, with households remaining confident.
New jobs data points to strong NZ economy but coronavirus could cut 1st quarter GDP 0.6%.
Shoppers propped up GDP in the 3rd quarter, spending through the economy's darkest hour.
South Island dairy group Van Leeuwen has refinanced $140m in debt.
Reserve Bank defends wanting banks to be able to cope with a one in 200 year storm.
Lending restrictions aimed at first home buyers are "barking up the wrong tree".
RBNZ says it's conscious of a strong relationship between the economy and house prices.
The economy could be close to a turning point, according the RBNZ's Geoff Bascand.
Adrian Orr has stopped calling from help from the Beehive, but says the message is clear.
The Reserve Bank has announced the OCR will remain on hold at 1 per cent.
Softer outlook for inflation may tip the scales towards another cut to lending rates.
Adrian Orr wants to rein in the Australian-owned banks making record profits here.
COMMENT: Our "rock star" economy was nothing more than a debt-fuelled mirage.
The RBNZ deputy governor warns the banking sector's view may not be good for the country.
RBNZ Governor Adrian Orr will mix with the world's top economists at Jackson Hole retreat.
Bank offers world-first negative interest rate mortgage.
A mortgage adviser says there's no harm in checking if you could reel in a better deal.
COMMENT: NZ move has reminded Aussies how vulnerable their much larger economy is.
COMMENT: If inflation is higher than interest paid you'd be crazy to keep, save or invest.
Adrian Orr says we need to get used to a world of low rates.
Inflation is up slightly but not enough to inspire confidence in the sluggish economy.
Comment: Households owe most since start of millennium.