Banking and financeWe're no Cyprus, says Reserve BankThe Reserve Bank says its plans for dealing with potential bank collapses are very different from what's being seen in Cyprus.20 Mar 01:00 AM
Official Cash RateIMF cautions against tinkeringThe International Monetary Fund counsels against "messing with" the NZ monetary policy framework.18 Mar 04:30 PM
BDBDBanking and financeWheeler jolts market despite OCR holdThe kiwi dollar dropped by 1 US cent after the Reserve Bank warned that a strong currency could always prompt an OCR cut.13 Mar 10:37 PM
BDBDBanking and financeReserve Bank leaves OCR on holdThe Reserve Bank says the Official Cash Rate will stay at its record low of 2.5pc. The kiwi dollar dropped on the news.13 Mar 10:17 PM
Banking and financeOCR expected to stay lowThe financial markets see no chance the Reserve Bank will raise the official cash rate on Thursday, so their focus will be on how the accompanying monetary policy statement describes the balance of risks going forward.10 Mar 04:30 PM