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INTEREST RATES

Reserve Bank Governor Adrian Orr
Interest Rates

'No change': Reserve Bank holds Official Cash Rate, but economists expect it to go negative

The Official Cash Rate will remain at 0.25 percent - for now.
From Tuesday, TSB bank will offer a one-year fixed interest rate of 2.49 percent, undercutting the major banks.
Interest Rates

'Below 2.5 percent': TSB drops mortgages to lowest rate ever

From Tuesday, TSB Bank will offer a one-year fixed interest rate of 2.49 percent.

Businessman holding dice
Interest Rates

'No urgency': No Official Cash Rate drop a foregone conclusion - economist

Leading economists don't expect the OCR to drop on Wednesday.
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