Ella Somers

ASB now expects the Reserve Bank (RBNZ) to keep the Official Cash Rate (OCR) on hold in July but predicts another close vote.

Revolut is remaining tight-lipped on where it's at in the process of obtaining banking registration from the Reserve Bank, a process the British-headquartered fintech began in 2024

Bank economists are split on whether the Reserve Bank (RBNZ) will raise the Official Cash Rate (OCR) on Wednesday or hit the pause button for the fourth review in a row.

The New Zealand Economic Research (NZIER) is expecting another “line-ball” Official Cash Rate (OCR) call from the Reserve Bank (RBNZ) on Wednesday.

The Reserve Bank (RBNZ) has raised the Official Cash Rate (OCR) to 2.50% from 2.25% saying although oil prices have fallen, the effects of the oil shock will linger for some time.

Bank economists were either crowing or shaking their heads at the Reserve Bank (RBNZ) following its decision to hike the Official Cash Rate (OCR) for the first time in three years.

After miscalculating the initial public consultation timeframe by a day, the Toi Foundation says it will reopen community consultation on $620m TSB-Heartland deal

Four of New Zealand's major banks have confirmed they haven't changed their mortgage serviceability rates following the Reserve Bank's first increase to the Official Cash Rate (OCR) in three years.

Business confidence is making a fragile recovery, according to the latest New Zealand Institute of Economic Research (NZIER) Quarterly Survey of Business Opinion (QSBO).

Retail spending in New Zealand took a tumble in June as consumers tightened their wallets and spent less on household items and fuel.