Keep up to date with
news and rate changes

OCR held again, here's why

Thursday, May 11th 2017, 9:00AM

The Reserve Bank has left the OCR unchanged. Here is what governor Graeme Wheeler said. [READ ON]

Comments from our readers

No comments yet

Sign In to add your comment

Latest News

Mortgage lending to investors plummets

Investors may not be selling up en masse but they aren’t buying either – going by new data which shows the amount getting mortgage lending has dropped significantly.

Mortgage lending to investors plummets

Investors may not be selling up en masse but they aren’t buying either – going by new data which shows the amount getting mortgage lending has dropped significantly.

ANZ predicts 1% OCR in 2020

ANZ has predicted the Official Cash Rate will be cut to just 1% in 2020, as it adopts a more dovish outlook on the New Zealand economy.

Heartland outlines cost of RBNZ rules

Heartland Bank is the latest lender to respond to the Reserve Bank's radical new capital rules, saying it may have to hold an extra $15 million a year to meet the proposals.

NZ credit unions to merge

Five of the biggest New Zealand credit unions, including NZCU Baywide, are to merge under a single brand as they aim to become a stronger competitor to mainstream banks.

Non-bank surge to continue: KPMG

Non-banks posted a 22.9% increase in net profit last year, according to KPMG's latest non-bank report. The advisory firm tips non-banks to grow further in 2019, as banks tighten up in the aftermath of the Royal Commission.

Best Mortgage Rates

Floating	5.30%	Resimac	More »
1 year	3.79%	HSBC Premier LVR > 80%	More »
2 year	4.19%	HSBC Premier+ 1 other	More »
3 year	4.49%	Kiwibank Special+ 8 others	More »
5 year	4.89%	SBS Bank Special	More »

Featured Broker

Madeleine Andrews

Beyond Mortgages

Beyond Mortgages Mortgage and Insurance Advisory Service We service clients throughout New Zealand and from around the world “Real people for Sound Advice”... read more »

Contact Madeleine Andrews »