Latest FromReserve Bank of NZ
OCR stays at 3pc, future hikes 'more moderate'
A weakening recovery and the Christchurch earthquake have prompted the Reserve Bank to leave official interest rates on hold this morning at 3 per cent.
NZX listing mooted for new 'kiwi' bank
New Zealanders may have a new, locally owned bank to invest in by February next year.
Kiwibank gets 40pc of new mortgage value in June quarter
Kiwibank accounted for 40 per cent of new residential mortgages written by the major banks in the June quarter.
Christchurch earthquake forces new dilemma on Reserve Bank
The Christchurch earthquake reinforces expectations the Reserve Bank will leave the OCR unchanged at 3pc on Thursday.
Earthquake means no OCR hike till 2011, says economist
The Christchurch earthquake means the Reserve Bank is now unlikely to raise the Official Cash Rate (OCR) again until next year, ASB economists say.
All Blacks rally around quake crisis
Four Canterbury All Blacks, including captain Richie McCaw, have been enlisted for a campaign to help quake victims.
NZ dollar rises as anxiety eases, eyes on Australia
The New Zealand dollar opened firmer this morning as anxiety about the global economy eased.
<i>Susan Easton:</i> Banks feeling whip as govts drive down taxpayer risk
A climate of reform will put the squeeze on the industry's profitability for some time, writes Susan Easton.