Results: New Zealand Economy
OCR drops to 2.25%—bringing us to the bottom of the cycle (probably)
The RBNZ has delivered a further 0.25% reduction at its last OCR announcement of 2025, bringing us down to 2.25%. Here's the outlo...
Cashback competition heating up ahead of next week's OCR verdict
As interest rates near the bottom, some lenders are now offering bumper cashback deals to attract new business. Here's the latest ...
With OCR in stimulatory territory, the lowest possible rate not always best
A one-year rate at 3.99% would be pretty tempting stuff—but before locking in, borrowers should consider what happens when that lo...
GDP back in the red—strengthening case for October OCR cut
Every few days, it seems, we’re being hit with a fresh wave of weak economic data—with the latest being the June 2025 quarter GDP result. Here's what it means for interest rates.
RBNZ drops OCR to 3.00%—and it's not done yet
And just like that, we're back at 3.00%—but in a somewhat unexpected twist, the RBNZ has signaled significant OCR cuts still to come, getting us down to 2.50% either later in 2025 or early 2026.
Opposing forces leave OCR outlook uncertain
On the one hand, the NZ economy still isn't in great shape. On the other, offshore uncertainty is causing concern around the future of inflation. So, what does that mean for the OCR in the coming months?
Reserve Bank hits the pause button, holding the OCR at 3.25%
The RBNZ hit pause on rate cuts on 9 July—holding the OCR steady at 3.25%—citing signs of life in the economy, and overseas factors causing concern.
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