New Zealand's largest bank expects the Reserve Bank will deliver another two interest rate cuts before the end of the year. But borrowers should be wary of expecting to see the full benefit on their ...

The odds of cheaper mortgages appeared to jump on Thursday, when the Reserve Bank saying it could cut interest rates to record lows. Reserve Bank Governor left the official cash rate on Thursday as ...

Retail banks have begun to cut their mortgage interest rates after the Reserve Bank dropped the Official Cash Rate from 3.5 to 3.25%. The Bank of New Zealand (BNZ) cut its fixed and floating mortgage ...

Graeme Wheeler has indicated he is reluctant to raise the OCR. Photo / Brett Phibbs Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.5 per cent as consumer price increases remain ...

A majority of members in the NZIER Monetary Policy Shadow Board recommend that the Reserve Bank of New Zealand (RBNZ) keep the OCR on hold at 3.25 percent in the upcoming July Monetary Policy Review.

The Reserve Bank of New Zealand defended the potency of the official cash rate and indicated its disappointment with the retail banks’ failure to pass on lower interest rates by reducing mortgage ...