Focus
Adrian Orr
NZ’s Central Bank Gives Mortgage Payers an Early Christmas Present With Interest Rate Cut
The official cash rate has been cut by 50 points, providing homeowners with some relief, and retailers with some hope.
Reserve Bank of NZ Defends Move to Keep Cash Rate High
New Zealand’s Reserve Bank says its following the trend of central banks worldwide, despite the US Federal Reserve’s recent 0.5 percentage point cut.
New Zealanders Finally See Interest Rates Fall as Central Bank Braces for Another Recession
The Reserve Bank of New Zealand has made a surprise decision to reduce the official cash rate, and banks are dropping loan rates.
