Orr is taking questions from the media. OCR path projects 50 bps by mid this year, around July. Economy has significant spare capacity. Cuts in April and May are about right. NZD/USD keeps losses as ...

New Zealand’s central bank cut interest rates by 50 basis points for the third straight meeting to help revive the ailing economy and signaled more easing in coming quarters.

The Reserve Bank of New Zealand (RBNZ) building in Wellington, New Zealand, on Wednesday, Feb. 22, 2023. This marks the ...

The RBNZ cut its official cash rate by 50 bps to 3.75%, in line with expectations. The cut is the RBNZ’s fourth cut since it ...

The crypto ETF phenomenon signals the mainstreaming of digital assets into global financial markets. New Zealand can lead the ...

According to GlobalData and its insurance database, the New Zealand life insurance market is expected to reach NZD6.4bn ...

- Currencies generally stronger as JPY/USD rose 0.5% amid further signs of sustainable inflation in Japan with Sumitomo ...

Premium increases stick without an equal rise in claims, and rising rates lift yields on fixed income, together lifting underlying profitability and dividends. A benign claims environment with a lower ...

A2 Milk reports strong first-half growth and declares first-ever dividend The a2 Milk Company (ASX: A2M) has reported solid ...

Rangi Wyatt Stephen Savage Seniorhas been ordered to pay compensation of $126,214 to investors and a pecuniary penalty of $142,500 for breaching the Financial Markets Conduct Act 2013 (the FMCA). The ...

Rangi Wyatt Stephen Savage Senior has been ordered to pay compensation of $126,214 to investors and a pecuniary penalty of ...

For years, Labour has argued banking should be more accessible and affordable for all Kiwis. We pushed for competition in the banking sector to ensure better services for customers. We called out the ...