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 holds rates steady but a March hike looks certain
Although Reserve Bank governor Alan Bollard left interest rates unchanged, as expected, his hawkish tone makes it seem almost certain he will raise rates in March.
OCR stays at 7.25%
The Reserve Bank has left its offical cash rate at 7.25% at its review today.
Warning to homeowners on mortgage payments
Homeowners who get into financial difficulty must contact their lenders early to seek assistance, Banking Ombudsman Liz Brown has warned.
Close call on rates this week
Most economists expect Reserve Bank governor Alan Bollard will seize on lower than expected inflation figures and weak September quarter economic growth figures as an excuse to hold interest rates steady next week. But it will be a close decision.
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New Zealand
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New Zealand
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