COMMENT: Here's why the Reserve Bank has made the right move this morning.

Market prices are in 75 per cent likelihood of no OCR cut with domestic economy is solid and global outlook is improving.

The Government has begun discussions with the Reserve Bank about income-related restrictions on mortgage lending, Finance Minister Bill English has confirmed.

Soaring house prices spurred by Auckland's rampant real estate market is one of the most pressing problems facing John Key ahead of Thursday's Budget.

Watch: Economy Hub: Does the PM's promise of $3b in tax cuts threatens to make next week's budget "obsolete".

New Zealand inflation expectations rose slightly in the Reserve Bank's latest quarterly survey, after the previous survey's surprisingly weak outcome.

Dairy prices should start improving 'in the medium term'.

The Government should tilt the market in favour of those still waiting for the Kiwi dream.

COMMENT: The Reserve Bank was radiating signals this week that its next intervention in the housing market may well target debt-to-income ratios.

A typical household would be blocked from getting a mortgage of more than $405,000 under debt-to-income restrictions being considered by the Reserve Bank.

Housing debt got all the attention yesterday, but dairy debt remains near the top list of Reserve Bank of the threats to the economy.

The Reserve Bank halted its briefings for media and analysts after a breach of the embargo by a MediaWorks reporter.

The New Zealand dollar may decline this week on expectations the Reserve Bank could add further restrictions to the housing market, paving the way for future interest rate cuts.

COMMENT: Broadly the banks have strong balance sheets but New Zealand's private debt levels are high and rising.

The door remains open to further official cash rate cuts after the Reserve Bank held the OCR steady while predicting inflation will pick up.

The bank and the Government need new solutions to the economic damage being done by this raging house market.

The Reserve Bank has left the OCR unchanged.

Our newly introduced five dollar note has won a world currency contest.

What is the lesser of two evils - the housing bubble or low inflation? It's a tough choice when you consider the limited ability of monetary policy to definitively solve either problem.

COMMENT: The Reserve Bank is back in a familiar place - between those two rocks of very low CPI inflation and very high house price inflation.

Bill English scotched speculation that a letter released today showed he is concerned about the Bank's performance.

The letter makes reference to the performance of the Reserve Bank governor although it includes no specific comment on performance of current governor Graeme Wheeler.

The Reserve Bank could expand mortgage lending restrictions in an effort to head off the housing boom as it rolls down the country, economists say.

Inflation for the first quarter of the year was bang on Reserve Bank expectations and won't add weight for another rate cut next week, say economists.

Latest CPI stats show that plunging petrol prices have been cancelled out by rising tobacco prices, pushing inflation to 0.2pc.

Westpac economist says a resurgent property market means new lending restrictions are likely.

COMMENT: Migrants are pouring into NZ by the thousand, but these days the new arrivals aren't boosting prices the way they once did.

The Reserve Bank of Australia has unveiled the design of the country's new $5 banknote, and the reaction has been mixed.