News

Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.

11 February 2019

Westpac: OCR to hold until 2022

Westpac has become the latest bank to change its OCR forecast. The lender believes there will be no movement in the official cash rate until 2022, with "risks on both sides".

08 February 2019

OCR Preview: caution expected from the Reserve Bank

Economists do not believe the OCR will change next week, but predict the Reserve Bank will take a cautious stance on future growth, with a number of headwinds for New Zealand and the global economy.