Latest FromReserve Bank of NZ
![Floating mortgages now over 50pc of all NZ home loans](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Floating mortgages now over 50pc of all NZ home loans
More than half of New Zealand's $168.2b of mortgages are now on floating rates, says the Reserve Bank.
![Bollard holds OCR steady at 2.5pc](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bollard holds OCR steady at 2.5pc
Reserve Bank governor Alan Bollard has held interest rates steady at 2.5pc and says there's no need to raise them any time soon.
![<i>NZ currency:</i> Dollar hovers around US80c](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>NZ currency:</i> Dollar hovers around US80c
The New Zealand dollar finished the day still fluctuating around the US80c level at which it opened at the end of the Easter break.
![<i>Inside Money :</i> What to read on a non-bank holiday](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Inside Money :</i> What to read on a non-bank holiday
New standards will force non-banks to clearly identify and quantify the kinds of risks they're taking with your money.
![New signs of 'two speed' property market - report](/pf/resources/images/placeholders/placeholder_l.png?d=793)
New signs of 'two speed' property market - report
A new affordability report shows lower interest rates and house prices made it easier for first-home buyers to get into the market.
![<i>Bernard Hickey:</i> Why the Government had to bail-out AMI](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Bernard Hickey:</i> Why the Government had to bail-out AMI
'Both AMI and South Canterbury appeared not to have planned for disaster,' writes Bernard Hickey.
![AMI rescue package Q&A: What you need to know](/pf/resources/images/placeholders/placeholder_l.png?d=793)
AMI rescue package Q&A: What you need to know
Your questions on the Government's AMI support package, announced today, are answered.