News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Bollard sparks huge falls in wholesale rates and currency
While Reserve Bank governor Alan Bollard left interest rates unchanged as expected, his latest monetary policy statement sparked a huge rally in interest rate markets and the New Zealand dollar fell more than one US cent.
OCR unchanged, but coming down sooner than expected
Reserve Bank Governor Alan Bollard said: "The global economy is currently experiencing significant increases in oil and food prices.
Bollard not quite ready to cut rates, economists say
Most economists expect Reserve Bank governor Alan Bollard won't be quite ready to start cutting interest rates this week but a growing majority are expecting a rate cut by the end of September.
Home loan report: Budget stalls rate relief
Economic events of the past week will be leaving mortgage borrowers feeling bemused. The Government announced a package of tax cuts in the Budget, but the result has been to push borrowing costs up again.
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New Zealand
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