'Biggest flip-flop ever': Top economist slams Reserve Bank
Bank has cut the official cash rate by 25 basis points to 5.25%.
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Prime Minister Christopher Luxon and Finance Minister Nicola Willis on the lower OCR
The Reserve Bank has cut the official cash rate by 25 basis points to 5.25%. It is the first cut since March 2020.
NZ stocks celebrate OCR cut with 2% gain
The market has given its verdict on the Reserve Bank's cut in the Official Cash Rate.
'Darkest before the dawn': Reserve Bank cuts OCR, banks slash rates
It's one of the most hotly anticipated interest rate calls this year.
Liam Dann: Rate cut signals victory in inflation war
Despite debate about grim May forecasts, the RBNZ looks to have landed in the right place.
‘Absolute tragedy’: Father died outside Parliament amid fight to save elderly mum’s waterfront home
A bank is forcing the sale after $40,000 mortgage arrears built up over three years.
ASB's profit comes off its peak, CEO’s pay package jumps
CEO Vittoria Shortt denies the bank's resilience is a reflection of risk aversion.
Would investors want to buy into Kiwibank if it had to stay NZ-owned?
Investors open to buying shares with conditions put on them — at the right price.
Scammer duped pensioners out of $337k in elaborate ruse involving 'covert' police sting, 'fake' currency
The scammer listened on the woman's phone 'from her pocket' when she visited the bank.
OCR explained: What can we expect, and what does the interest rate mean for you?
What exactly is the OCR and what are the experts predicting?
'A win': Banks strike cash settlements with scam victims who lost $400k
An elderly victim made 13 offshore money transfers to scammers with help from bank staff.
Nicola Willis open to making RBNZ ease bank capital rules
The Finance Minister is also seeking advice on a de facto 'bank tax'.
Opinion: Four reasons why selling part of Kiwibank could do more harm than good
OPINION: Any plans to part-privatise Kiwibank deserve close scrutiny.
'It would take out 20% of sales': what many Catalina Bay apartment buyers want
One-bedroom units are $1.1m, the penthouse is $5m: New project, nearly done, move-in soon.
Matthew Hooton: Kiwibank expansion plan deserves wide support
OPINION: Willis’ proposal honours Jim Anderton and Trevor Mallard’s vision.
ComCom to consult Australian regulators on impact of ANZ bond probe
Monopoly Watch director Tex Edwards calls for ComCom to delay its final banking report.
Households’ loan arrears may have peaked but tougher times likely for businesses
Around 465,000 people are behind on their payment obligations.
Crushing 4% rental yield gap largest in 15 years – but many investors undeterred
'Rents are nowhere near enough to cover the mortgage for a typical debt-backed purchase.'
Easing of lending rules to make it quicker, but not necessarily easier to get loans
ANZ assures it will continue being a responsible lender.
ANZ reverses house price forecast, expects 1% fall
Three aspects of house prices and interest rates have been revised in new research.
Opinion: Rate cuts are coming, here's what investors should do
OPINION: The Reserve Bank would need to make a move soon, Mark Lister says.
Dairy farms chalked up $86,000 loss last season but Fonterra share payments save some bacon
Expected milk payouts are below the break-even point, a new report says.
Government drops further hints it's open to selling Kiwibank
The Kiwibank board has been asked to come up with ideas to grow the bank.
Global IT outage a cashless wake-up call? Reserve Bank says keep physical cash for emergencies
Last Friday's CrowdStrike failure saw many unable to buy necessities as computers crashed.
Mortgage wars: Major NZ bank undercuts rivals by lowering home loan rates again
The bank has cut its home loan rates for the second time in three weeks.
$250m in savings if tap-and-go fees regulated, says watchdog
The regulator says $1 billion a year is spent on PayWave, online credit card fees.
Do you really get a bargain on a mortgagee sale?
More than 20,000 home loans were 'past due' but how many are actually for sale?
Westpac touts potential of shared home ownership schemes, but will it actually take on more risk?
Community housing providers accuse banks of being too risk averse.
More home loan rate cuts – if you can get them
Rate relief may take time to filter through to households.
CrowdStrike chaos: Microsoft’s tone-deaf ‘less than 1%’ post
That tiny percentage included your bank and your supermarket.
FMA 'considering' two more complaints over Govt bond sales
The regulator says it has received six complaints about market manipulation.
'Sell it before the bank does': The real reason more people are selling houses
A 50% leap in houses listed for sale may be partly due to home loan pressure.
Opinion: The likely cause of CrowdStrike chaos – and how Trump could undermine cyber security
OPINION: The former President undermined a key agency – and could gut it if re-elected.
Diana Clement: Open banking is getting closer - what you need to know
OPINION: Bank customers in particular need to educate themselves about what this means.