OCR
OCR cut to go to cost of living, no relief for renters
A budget adviser believes interest rate cuts will simply be absorbed into paying the ever increasing costs of living and renters will likely see no relief. The reserve bank cut the official cash rate… Audio
How is business going at Auckland's Otara markets?
After a tough year, the cutting of the Official Cash rate by 50 basis points will be welcome news to stallholders at a popular Auckland market who are hoping for bumper a Christmas and summer trade… Audio
Reserve Bank cuts OCR by 50 points to 4.25%
The Reserve bank delivered a pre Christmas financial cracker, cutting wholesale interest rates by half a percent to 4.25 percent. It wasn't the supersized slash that some had hoped for but it is the… Audio
The Official Cash Rate is down, but are you up on the impact?
The OCR goes up to bring inflation down. So now that the OCR is falling, what does it mean for inflation - and what does that mean for New Zealanders? Audio
OCR cut to 5.25%
"It's darkest before the dawn and it's dawn now," that's according to Reserve Bank Governor Adrian Orr, after the Official Cash Rate was cut for the first time in more than four years. The 25 basis… Audio
OCR is on hold so why are home loan rates still rising?
The official cash rate hasn't be hiked since May so why are home loans still rising? Yesterday, ASB raised its one year mortgage rate to 7.45 per cent. ASB's two-year fixed rate went up to 7.05… Audio
Rate hike expected - households already in "world of pain"
Economists are united in the view that interest rates will be hiked again today by the Reserve Bank as it continues to battle inflation. David Cunningham is CEO of mortgage broker Squirrel. He says… Audio
Midweek Mediawatch - putting a disaster in context
In this week's Midweek Mediawatch, Hayden Donnell talks to Mark Leishman about coverage putting the Loafers Lodge disaster in context - even in the midst of chaos and confusion, some impressive… Audio
Australia: Interest hike (again), vape ban, MasterChef shock
Australia commentator Annika Smethurst joins Kathryn to look at the surprise move by the central bank to raise the official cash rate for the 11th time in a year. Australia's to introduce a ban on… Audio
Reserve Bank raises official cash rate by 50 basis points
Reserve Bank Governor Adrian Orr has made a monetary policy statement after hiking the official cash rate (OCR) for the 10th consecutive time since 2021.
Recession looming: how deep, how long and who'll be worst off?
New Zealand is heading for a likely recession, after the largest increase to the official cash rate on record. So how deep will this recession be, for how long, and who will feel it worst… Audio
Business commentator Pattrick Smellie
Pattrick Smellie is the editor and co-founder of BusinessDesk and has reported on the New Zealand economy and business since 1983. Audio
The hand that holds the purse strings
Why is the Reserve Bank facing flak from every angle over its economic handling of the pandemic? Audio
What does 2 percent cash rate mean for home loans?
The cost of living is about to get a whole lot pricier if you've got a mortgage and there could be yet more pain coming down the pipe.
The Reserve Bank has raised the official cash rate half a… Video, Audio
Evening business for 24 November 2021
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6283494000001 Video, Audio
Reserve Bank raises Official Cash Rate to 0.75 percent
The Reserve Bank is hiking the OCR for the second time in two months. The Official Cash Rate is up by a quarter of a percentage point to 0.75 percent - the highest rate since February last year.
The… Audio
What the OCR rise means for investors and borrowers
Financial planner Liz Koh says we are at the start of a new economic cycle in which there will be winners and losers. The winners will be those who are prepared for the change. Audio
Interest rates and inflation - shifting sands, what next
The Reserve Bank moved yesterday to hold the official cash rate at 0.25 percent, which has cleared the way for interest rates to rise later in the year. It comes as Stats NZ prepares to release the… Audio
Economist: 'We've clearly not had enough policy stimulus'
Former RBNZ economist Michael Reddell offers his analysis of the Monetary Policy Statement and explains why Kiwis need to be looking to stronger private sector investment in the long-term economic… Audio
The Gift of Economic Knowledge
In the spirit of giving, the Two Cents' team is answering your economic questions on Kiwisaver, property prices and mortgage rates. Audio