Latest fromReserve Bank of NZ
![OCR, migration, or benefits: Which is the biggest concern for our economy?](/pf/resources/images/placeholders/placeholder_l.png?d=793)
OCR, migration, or benefits: Which is the biggest concern for our economy?
A series of stats out this week have collectively painted a bleak picture of the economy.
![Market close: Investors respond positively to Reserve Bank's OCR message](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Market close: Investors respond positively to Reserve Bank's OCR message
The S&P/NZX 50 Index turned around after the OCR was left on hold at 5.5%.
![Liam Dann: Reserve Bank’s tone on rate cuts softens as downturn deepens](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Liam Dann: Reserve Bank’s tone on rate cuts softens as downturn deepens
The OCR stays on hold but the RBNZ statement hints at an earlier start for rate cuts.
![Reserve Bank keeps OCR on hold but expectations rise for earlier cut](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Reserve Bank keeps OCR on hold but expectations rise for earlier cut
The Reserve Bank has kept the cash rate on hold for the eighth consecutive meeting.
![Borrowers bet on RBNZ cutting rates sooner than it says it will](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Borrowers bet on RBNZ cutting rates sooner than it says it will
Six-month mortgage terms are rising in popularity.
![Thousands sign up for Jobseeker benefit; data points to more job losses](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Thousands sign up for Jobseeker benefit; data points to more job losses
Over 2000 more people went on the Jobseeker benefit in May.
![Inside Economics: Why is the RBNZ so negative - and is the divide in rate-cut forecasts credible?](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Inside Economics: Why is the RBNZ so negative - and is the divide in rate-cut forecasts credible?
Also today: is the divide in rate-cut forecasts credible? Why is the RBNZ so negative?
![‘Five straight months of negative growth’: Auckland house values continue down](/pf/resources/images/placeholders/placeholder_l.png?d=793)
‘Five straight months of negative growth’: Auckland house values continue down
Chilly weather matches a particularly cold Auckland market for house sales and values.
![Lending limits: How they could impact banks' mortgage books](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Lending limits: How they could impact banks' mortgage books
New restrictions could mean banks won't have a mortgage boom if interest rates drop.
![Gloomy business survey sparks rate cut hopes](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Gloomy business survey sparks rate cut hopes
Latest Quarterly Survey of Business Opinion shows a downbeat outlook across all sectors.
![Kiwibank predicts 'significant' interest rate cuts](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwibank predicts 'significant' interest rate cuts
Economists say for most of us it's a matter of holding on.
![Willis confident in call to reappoint RBNZ chairman](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Willis confident in call to reappoint RBNZ chairman
Neil Quigley to remain Reserve Bank board chairman for another two years.
![‘The medicine is working’: ANZ business outlook shows good progress in inflation fight](/pf/resources/images/placeholders/placeholder_l.png?d=793)
‘The medicine is working’: ANZ business outlook shows good progress in inflation fight
ANZ Business Outlook shows confidence down but lower price and cost expectations.
![Inside Economics: Inflation, shocking cost of building houses, the Temu effect](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Inside Economics: Inflation, shocking cost of building houses, the Temu effect
Opinion: Deciphering Boffinese inflation-speak, and is Temu killing our economy?
!['I lie awake worrying about money': Middle-income Kiwis on the brink](/pf/resources/images/placeholders/placeholder_l.png?d=793)
'I lie awake worrying about money': Middle-income Kiwis on the brink
They're okay, but only just - and not without sacrifices and side hustles.
![Another major bank scales back house price forecast](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Another major bank scales back house price forecast
Reserve Bank’s focus cited as bank picks less spectacular house price rises.
![Matthew Hooton: Household recession 18 months old with no end in sight](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Matthew Hooton: Household recession 18 months old with no end in sight
OPINION: Interest rate cuts may not happen until election year.
![Liam Dann: Recession or not, economic downturn will get worse before it gets better](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Liam Dann: Recession or not, economic downturn will get worse before it gets better
Key parts of the economy are crashing while population growth flatters the headlines.
![NZ out of recession but 'don’t pop the champagne just yet'](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ out of recession but 'don’t pop the champagne just yet'
We're out of technical recession - just - but GDP per capita is still falling
![Claims NZ bank manipulated govt bond sale, costing taxpayer $33m](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Claims NZ bank manipulated govt bond sale, costing taxpayer $33m
The complaint centred on the pricing of govt bonds issued in August 2022.
![Cost of living: Reserve Bank outlining path ‘back to 2% inflation’](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Cost of living: Reserve Bank outlining path ‘back to 2% inflation’
'Think hard before jumping': Reserve Bank says outlook for NZ economy is not that bad.