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INTEREST RATES

The Official Cash Rate has been held at its record low of 0.25 percent as the economic fallout from COVID-19 continues.
Updated
Interest Rates

'No change': Official Cash Rate stays the same

The Official Cash Rate will remain at 0.25 percent - for now.
Interest rate graph with arrow pointing downwards.
Interest Rates

Will the Reserve Bank drop the Official Cash Rate tomorrow?

Experts weigh-in on whether another cash rate drop is likely.
The rate drops will save over 35,000 customers $20 million.
Interest Rates

'Not a short-term promotion': Bank takes lead in slashing floating home and business loan rates

The rate drops will save over 35,000 customers $20 million.
Record-low rates mean cost-savings for borrowers: could they go lower?
Interest Rates

With mortgage rates at a record low should borrowers lock-in or wait?

Record-low rates mean cost-savings for borrowers: could they go lower?

Bank home loan rates drop
Updated
Interest Rates

Record new low: Bank slashes home loan fixed interest rate to 2.69 percent

Home buyers - and homeowners coming off fixed rates - with have a little extra cash.
Watch: Madison Reidy's report
Updated
Interest Rates

Official Cash Rate held at 0.25 percent

The Reserve Bank announces 'no change' to the Official Cash Rate
Two banks have released all-time low interest rates.
Interest Rates

Below 3 percent: Banks announce lowest mortgage rate on record

What the new rate means for borrowers and first-home buyers.
NZ Dollar notes
Interest Rates

OCR predicted to fall below 0 percent by end of 2020

Economists pick the Official Cash Rate (OCR) will fall to negative 0.5 percent before the end of 2020.

Reserve Bank Governor talks to The AM Show. Video - Newshub, Image - Supplied.
Interest Rates

Coronavirus: Need for OCR cut 'very obvious' - Reserve Bank

'Once we made the move, we wanted to make it deliberate.'