Economy
Texts reveal Nicola Willis was warned she might be asked to sack Adrian Orr
The minister is defending the fact she didn't unveil this information earlier.
Latest from Official Cash Rate
Stories and analysis from The Northern Express Herald.
Reputational risk? Reserve Bank chair Neil Quigley resigns
Move follows Ombudsman forcing bank to reveal more about Adrian Orr's resignation.
Businesses still feeling winter chill, confidence surveys show
Firms are still waiting for an economic recovery to kick in.
RBNZ agreed to bin letter of concerns when Adrian Orr resigned
Details come to light following intervention from the Ombudsman.
NZ housing affordability best since pre-Covid, report finds
Lower mortgage rates and steady income growth have helped improve housing affordability.
Race for Reserve Bank governorship heats up – who are the contenders?
There are numerous other candidates he believes should be fairly assessed for the role.
Matthew Hooton: Reserve Bank and polls give Luxon a reprieve
OPINION: Westpac speculates tax cuts could be back on the Government’s agenda.
Banks start dropping mortgage, savings rates after OCR cut
The Reserve Bank today cut the Official Cash Rate from 3.25% to 3%, suggested more on way.
Two more rate cuts to come: RBNZ to the rescue as recovery stalls
A gloomy economic outlook's convinced the RBNZ to lower its expected interest rate track.
Reserve Bank cuts OCR to 3%
Business Editor at Large Liam Dann explains what to expect as the Reserve Bank cuts the Official Cash Rate to 3%. Video / Cameron Pitney
Reserve Bank cuts Official Cash Rate to 3%
The cut of 25bps comes after NZ’s economic recovery stalled in the second quarter.
Richard Prebble: Labour's silence a strategy for winning, not governing
OPINION: National can't run on its own record, but has nothing to attack Labour on.
'Toxic economic & political cocktail' - Robertson on cost of living; opens up on clash with Orr
The former Finance Minister reflects on political and personal relationships in new book.
Interest rate cut a shoo-in, but how much lower will the OCR go?
Economists are divided over the inflation outlook.
Reserve Bank of Australia cuts cash rate, hints at more to come
The Reserve Bank of Australia has cut its Official Cash Rate target to 3.6%.
Adrian Orr’s Reserve Bank hiring spree unwound; 1 in 4 jobs proposed to be cut
The proposal would only take staffing back to 2023 levels.
Borrowers hold off locking in mortgage rates for longer terms
One-year mortgage rates are rising in popularity.
NZ can absorb 15% tariff shock – ANZ group chief economist
Trump tariffs will hurt exports but the macroeconomy can cope, an economist says.
Unemployment expected to hit nine-year high
Economists fear the labour market downturn will be prolonged.
Liam Dann: NZ economy is still sick, doubts are growing about Govt prescription
OPINION: But two factors suggest our economy's low mood could be the midwinter blues.
New details emerge on Orr's early exit from final Willis meeting
Reserve Bank awaits an Ombudsman's ruling over its handling of information requests.
Bank-hopping among mortgage holders hits record high
Broker warns borrowers often realise the grass isn't always greener on the other side.
'Sorry Adrian lost his cool' - The Reserve Bank email officials wouldn't release
Nicola Willis conveys her 'disappointment' to the Reserve Bank.
Insider spills beans on Adrian Orr’s resignation – Treasury confirms an allegation
Nicola Willis tries to keep her distance.
August rate cut 'as close to a done deal as can be the case' - Stephen Toplis
Despite food price headlines, inflation continues to ease in the core of the economy.
Inflation hits 12-month high, but enough 'comfort' for likely August rate cut
The consumers price index increased 2.7% in the 12 months to the June 2025 quarter.
Liam Dann: Inflation is back – and that’s a problem for the Prime Minister
OPINION: Regardless of who is to blame, rising food prices will be a political hot potato.
Lower interest rates, more money printing - RBNZ considers response to ageing population
Will NZ's central bank go down the path of the Bank of Japan?
Rates on hold: What the Reserve Bank's decision means for Kiwis
The Reserve Bank kept the OCR at 3.25%, amid international uncertainty.
Reserve Bank keeps OCR on hold at 3.25%
Economists are divided over the Reserve Bank's next move.