Results: New Zealand Economy
Banks preemptively cut one- and two-year rates ahead of OCR verdict
We're a week out from our next OCR announcement, but the banks are already making moves—with all major lenders having dropped thei...
Another 0.25% cut expected—but will the RBNZ signal more in the pipeline?
Wholesale interest rates have fallen over the last few days in response to market expectations of a 0.25% cut on 20 August—but mor...
The future of interest rates hinges on RBNZ's next forecast
It's all pretty quiet on the interest rates front, as we await our next OCR announcement on 20 August. But it's not the OCR verdic...
Competition keeping mortgage rates in check, despite rise in wholesale rates
Wholesale rates have gone up slightly in the wake of our latest 0.25% OCR cut, raising concerns that mortgage rates may follow suit. But growing competition among the banks is helping keeping fixed rates in check.
Just how low could the OCR go?
We're only half a percent off the RBNZ's estimated 'neutral' OCR of 3%. But with all the global volatility playing out at the moment, is there a chance it could get even lower?
With another 0.25% cut in the bag, OCR edges closer to 'neutral'
With another 0.25% OCR cut under our belts, and wholesale rates down off the back of significant global volatility, are we on track for more sub-5% mortgage rates?
Reserve Bank kicks off 2025 with a 0.50% OCR cut, taking us down to 3.75%
As promised late last year, the RBNZ delivered another 0.50% OCR cut on 19 February. Let's dive into what the move means for mortgage rates, the New Zealand economy and housing market.
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