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The Reserve Bank of New Zealand

Kiwibank Cuts Variable Mortgage Rate

Kiwibank Cuts Variable Mortgage Rate
Wellington, Feb 8 NZPA - State-owned Kiwibank is cutting its variable mortgage rate by 14 basis points to 5.65 percent and hiking its 18 month fixed rate by 10 basis points to 6.49 percent.

NZ Dollar Plunges On Shock Unemployment Figure

NZ Dollar Plunges On Shock Unemployment Figure
Wellington, Feb 4 NZPA - The New Zealand dollar fell around one US cent after a shock rise in the unemployment rate to 7.3 percent in the December quarter.

NZ Sharemarket Eases, Auckland Airport Unveils Capital Raising

NZ Sharemarket Eases, Auckland Airport Unveils Capital Raising
Wellington, Jan 27 NZPA - The New Zealand sharemarket closed lower today as investors continued to assess a range of government interventions globally and awaited interest rate decisions here and elsewhere.

NZ Dollar In Trade Ahead Of Data, Rises Against Weak Euro

NZ Dollar In Trade Ahead Of Data, Rises Against Weak Euro
Wellington, Jan 18 NZPA - The New Zealand dollar traded in a relatively narrow range on Monday ahead of the December quarter Consumer Price Index report on Wednesday and retail sales data on Thursday. "This week is a heavy duty one New Zealand data wise," Westpac said in a commentary.

NZ Dollar Firm Against Australian Dollar, Rises On Twi

NZ Dollar Firm Against Australian Dollar, Rises On Twi
Wellington, Dec 3 NZPA - The New Zealand dollar was firm against the Australian dollar today even though the Australian dollar was itself in favour with investors.

Analysts Expecting Change In RBNZ's OCR

Analysts Expecting Change In RBNZ's OCR
Wellington, Oct 29 NZPA - Currency markets awaited the Reserve Bank's announcement of the official cash rate (OCR), with analysts expecting a change to the key final paragraph.

NZ Dollar Slips As Aussie Dollar Tumbles

Wellington, Oct 28 NZPA - The New Zealand dollar followed the Australian dollar lower today but tomorrow the focus will be on the Reserve Bank of New Zealand's interest rate review. By 5pm the NZ dollar was buying US73.82c, down from US74.53c at 8am and US74.76c at 5pm yesterday.

NZ Dollar Ends Lower As Focus Turns To Rate Decision

NZ Dollar Ends Lower As Focus Turns To Rate Decision
Wellington, Oct 27 NZPA - The New Zealand dollar settled around levels it was at a week ago today as the local market returned from a holiday weekend and looked ahead to Thursday's rate decision.

Kiwibank Raises Fixed Mortgage Rates Again

Kiwibank Raises Fixed Mortgage Rates Again
Wellington, Oct 21 NZPA - Kiwibank is increasing its fixed mortgage rates for the second time this month.

NZ Dollar Soars Again As US Dollar Declines

NZ Dollar Soars Again As US Dollar Declines
Wellington, Oct 20 NZPA - The New Zealand dollar soared to a new 15 month high of US75.75c today as the US dollar fell to a new 14 month low.

Credit Card Comparison TablesCompare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.