Latest from Official Cash Rate
Govt targets land bank 'super profits'
New Zealand's government wants to trim "super profits" from land banking which it says is the biggest impediment to housing affordability in Auckland.
Interest-rate increase gains favour
The NZIER shadow board thinks the Reserve Bank should keep the official cash rate on hold at 2.5 per cent tomorrow.
Fall in dollar catches companies by surprise
The recent drop in the value of the New Zealand dollar against the US currency could have a caught a number of companies off-guard.
David Mayes: Patchy housing market makes case for tweaks
If house prices start rising faster, it can require lenders to reduce the proportion of the property value they are prepared to lend, writes David Mayes.
NZ dollar falls to nine-month low
The New Zealand dollar fell to a nine month low as investors concerned about global growth moved to the relative safety of US Treasuries.
Reserve Bank looks to cool kiwi
Economists say the Reserve Bank's intervention in the foreign exchange market last month was too small to make much difference to the exchange rate.
Wheeler warns on housing
It could take three to five years to close the gap between housing supply and demand in Auckland, if left to supply measures alone, says Reserve Bank governor Graeme Wheeler.
Reserve Bank tipped to start using new tools
The Reserve Bank will likely use its new macro prudential tools within the next six months to cool Auckland's overheated housing market, says the New Zealand Institute of Economic Research.
NZ dollar rises to 4-year high vs Aussie
The New Zealand dollar surged to its highest in four and a half years against its Australian counterpart as New Zealand's rising interest rates and growth outlook increase the lure of the nation's currency.
Reserve Bank lukewarm on Key's idea
Documents released by the Reserve Bank yesterday give scant support to the Prime Minister's suggestion that it might exempt first home buyers from any restriction on low-deposit home loans.
House sales fall from six-year high
The number of New Zealand house sales slipped from a six-year high last month, but the national market is still being driven by Auckland and Christchurch.