‘Miscellaneous’ Category

Official Cash Rate unchanged at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr: Tena koutou katoa, welcome all. The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and 2020. The direction of our next OCR move could be up or down. Employment is near its maximum sustainable level. However, core […]

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MEDIA RELEASE – Reserve Bank to ease loan-to-value ratio restrictions

Reserve Bank to ease loan-to-value ratio restrictions  Statement from Reserve Bank Governor Adrian Orr when releasing the November Financial Stability Report:   Tena koutou, katoa, welcome all. Risks to New Zealand’s financial system have eased over the past six months, but vulnerabilities persist. In particular, households remain exposed to financial shocks due to their large […]

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News Release from Reserve Bank of New Zealand – Official Cash Rate unchanged at 1.75%

NEWS RELEASE 9 August 2018  Official Cash Rate unchanged at 1.75 percent  Statement by Reserve Bank Governor Adrian Orr: Tena koutou katoa, welcome all. The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and into 2020, longer than we projected in our May Statement.  […]

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Official Cash Rate unchanged at 1.75 percent

The Reserve Bank of New Zealand has today announced that the Official Cash rate will remain unchanged at 1.75%

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Homes consented dips in April

30 May 2018, 8:45am Stats NZ has released data for Homes consented which captures the April data. Seasonally adjusted it shows a slight fall of 3.7% although we note a 13% rise in March consents. Town houses and apartments make up most of the total 12 month increase. Stats NZ commented in their press release […]

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