ASB has joined the rate-cutting fray by dropping some of its mortgage rates today. The bank’s 18-month fixed home loan rate ...

Two major banks have cut interest rates in recent days but economists say it's not clear how much further retail home loan ...

WELLINGTON (Reuters) -New Zealand's central bank cut its benchmark official cash rate by 25 basis points to 3.25% on ...

The bar is high for a July rate cut, ASB Bank says.“It would take a significant deterioration in key US trade negotiations or ...

Mortgage advisers are hopeful that an ASB move to hire 80 "home ownership specialists" could reduce the time it takes to process a mortgage application to days, rather than weeks. The bank said it was ...

New Zealand’s central bank is poised to cut its key interest rate for the sixth meeting in a row, likely signaling that more ...

Companies around the world are concerned about tariffs, and New Zealand is no exception. However, some see hope in the way ...

New Zealand's central bank cut its benchmark rate by 25 basis points to 3.25% and flagged a slightly deeper easing cycle than ...

Last week, the Reserve Bank of New Zealand lowered the official cash rate (OCR) to 3.25%, down 2.25% from the recent peak.

“ It is difficult to know precisely when then OCR will be cut – future OCR decisions over 2025 are all effectively ‘live’,” ...