Results: Banks
Next OCR verdict expected to tip one-year rates to down around 4.50%
Next week's OCR announcement is expected to bring either a 0.25% or 0.50% reduction—which should be enough to get the one-year rat...
Interest rates set to drop as GDP result sparks calls for 0.5% OCR cut
Our latest GDP numbers caught everyone off-guard. And with some now calling for a 0.5% OCR cut on 8 October, interest rates are ex...
GDP back in the red—strengthening case for October OCR cut
Every few days, it seems, we’re being hit with a fresh wave of weak economic data—with the latest being the June 2025 quarter GDP ...
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.
Two triggers for rate rises
At some stage banks will raise their fixed lending rates to avoid locking in lending at low margins for a number of years. There are two potential triggers for these rate rises, according to Economist Tony Alexander
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