Results: Banks
OCR drops to 2.25%—bringing us to the bottom of the cycle (probably)
The RBNZ has delivered a further 0.25% reduction at its last OCR announcement of 2025, bringing us down to 2.25%. Here's the outlo...
Cashback competition heating up ahead of next week's OCR verdict
As interest rates near the bottom, some lenders are now offering bumper cashback deals to attract new business. Here's the latest ...
With OCR in stimulatory territory, the lowest possible rate not always best
A one-year rate at 3.99% would be pretty tempting stuff—but before locking in, borrowers should consider what happens when that lo...
Reserve Bank puts an end to the OCR hikes – but challenges still lay ahead
The Reserve Bank remains confident there is no need to increase the OCR further — but when will mortgage interest rates begin to fall? New borrowers are still feeling the crunch too, with bank test rates often higher than 9%.
What's in store for interest rates after the recent OCR announcement?
Following on from the Reserve Bank’s recent decision to raise the cash rate 0.25% to 5.5% and signal that they don’t plan any more rises, what is likely to happen with bank mortgage rates over the remainder of 2023?
Uncertainty around mortgage interest rates
The past 1-2 weeks has brought quite a pullback in confidence about inflation and monetary policy, but it's not because the economic outlook has suddenly improved.
Interest rates on an upward march
The long-awaited monetary policy tightening cycle has now kicked off in New Zealand as the need for record low interest rates to combat feared effects of Covid-19 has disappeared, and the need to fight rising inflation has soared.
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