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RBNZ OCR CUT
Westpac NZ slashes home loan rates after OCR cut, 3-year fixed now just 4.95%, check full listWestpac New Zealand has reduced lending and deposit rates following the RBNZ's OCR cut to 3.25%. Special fixed home loan rates now start at...
28 May, 2025, 12.28 PM IST
ANZ predicts deeper OCR cuts: A double-edged sword for NZ economyANZ economists now predict the RBNZ will cut the OCR to 2.5% due to a slower-than-expected economic recovery and global uncertainties. This...
16 Apr, 2025, 03.27 PM IST
ANZ online banking up and running after suffering outage in New ZealandNearly 59% of the users faced issues with the ANZ app while 40% had problems with the internet banking interface and the remaining one perc...
10 Apr, 2025, 10.40 AM IST
New Zealand Reserve Bank cuts official cash rate to 3.5% as Trump's tariff war rattles global economyThe Reserve Bank of New Zealand reduced the official cash rate to 3.5 percent on Wednesday. This decision followed global market instabilit...
09 Apr, 2025, 08.56 AM IST
Westpac's Kelly Eckhold adjusts OCR predictions as US-China trade war looms largeKelly Eckhold, Westpac's chief economist, changed his forecast for New Zealand's Official Cash Rate. He now expects the Reserve Bank of New...
08 Apr, 2025, 02.07 PM IST
Dollar firms ahead of busy data week with US inflation in focusInflation figures in the euro zone, Japan and Australia are also in the data calendar this week, alongside a rate decision from the Reserve...
26 Feb, 2024, 07.58 AM IST
Dollar slides on Fed cut bets; kiwi jumps after RBNZ strikes hawkish tone"Whilst the RBNZ were expected to hold, their statement struck a hawkish tone by stating that inflation remains too high," said Matt Simpso...
29 Nov, 2023, 07.47 AM IST
New Zealand dollar climbs as central bank hikes, predicts a lot more to comeThe New Zealand dollar climbed on Wednesday after the country's central bank raised interest rates by half a point and sharply lifted its p...
25 May, 2022, 08.28 AM IST
Asian shares lose steam on US recession fearsMSCI's broadest index of Asia-Pacific shares outside Japan eased 0.1 per cent while Japan's Nikkei average lost 0.6 per cent.
27 Mar, 2019, 10.34 AM IST
Australia, NZ dollars bludgeoned as bond yields hit record lowsThe slide followed disappointing manufacturing surveys from across the globe.
25 Mar, 2019, 08.15 AM IST