The RBNZ has cut the OCR by 50 basis points to 2.5 percent. Opinion among economists and markets had been divided between 25 and 50 basis points. Economists say front loading of cut has little ...

The finance guru warns mortgage holders are being “absolutely crunched” by interest rate hikes and they “can’t just pluck that money out of thin air”.

ASB changes tack on the Reserve Bank's Official Cash Rate outlook, now expects July OCR pause as US-Iran Memorandum of ...

What will the OCR change mean for home loans? (3 min 47 sec) Paragraph three of this story has been corrected to state a 50 basis point cut would take the OCR to 2.5 percent. The Reserve Bank could ...

An apparent end to the conflict in the Middle East, and the fall in oil prices, may not be enough to stop official cash rate ...