All major banks hike floating mortgage rates

All major banks hike floating mortgage rates

All five of New Zealand's major banks lifted their variable rates by 25 basis points – in step with the OCR.

1:54pm

5:33

Reserve Bank hikes OCR — what it means for the prices we pay

Reserve Bank hikes OCR — what it means for the prices we pay

The Reserve Bank has increased the Official Cash Rate to 2.75%.

6:00am

Reserve Bank signals more OCR rises likely

Reserve Bank signals more OCR rises likely

Follow along as finance and political sectors react after the Reserve Bank delivered its latest official cash rate (OCR) decision.

Wednesday 6:33pm

First major bank raises home loan interest rates after OCR hike

First major bank raises home loan interest rates after OCR hike

The Reserve Bank lifted the OCR by 25 basis points to 2.75% this afternoon, its second consecutive increase after raising it to 2.50% in July.

Wednesday 5:16pm

Major changes to KiwiSaver a step closer

Major changes to KiwiSaver a step closer

Up until now rural New Zealanders have often been unable to use the first-home withdrawal because of a typical housing arrangement on the farm where they are working.

Wednesday 10:25am

Canada Prime Minister Mark Carney and President Donald Trump hold a press conference at the White House in Washington, DC, October 7, 2025.

'Stop trying to be tough': Carney fires back at Trump as trade fight escalates

"When the Americans stop doing memes, stop throwing shade and stop trying to be tough, and start being serious about having those discussions, we can have those discussions," Mark Carney said.

Wednesday 7:32am

A SuperGold Card discount was offered by hundreds of small and big name businesses in New Zealand, but a lack of promotion meant many older people were unaware of the details.

SuperGold card holders missing out on discounts

Superannuitants are being encouraged to be more assertive in asking for SuperGold Card discounts they are entitled to.

Wednesday 6:31am

The Reserve Bank is expected to lift the Official Cash Rate to 2.75% when it releases its Monetary Policy Statement at 2pm today.

OCR hike all but certain, all eyes on the Reserve Bank's next move

Economists expect another 25-point hike to the highest level in more than a year, though Kiwibank says the economy is too weak to justify further tightening.

Wednesday 6:00am

Glenfield Mall.

Auckland mall sells for $146 million to Australian syndicate

Glenfield Mall on the North Shore has been purchased by a private Australian syndicate.

Tue, Sep 1

Net 9% of respondents expect house prices to rise over the coming year, down from a summer peak of net 30%, according to ASB's latest housing confidence survey.

Kiwis say higher interest rates a matter of when, not if – survey

ASB's latest housing confidence survey comes ahead of the Reserve Bank reviewing the Official Cash Rate on Wednesday.

Tue, Sep 1

August 2026
Kiwis consuming more chicken than ever amid surging global demand

Kiwis consuming more chicken than ever amid surging global demand

Chicken now makes up about half the meat Kiwis eat, with rising beef prices helping drive demand for the more affordable protein.

Mon, Aug 31

They’re calling for changes spanning copyright and AI regulation to support for venues and touring.

NZ music industry launches election manifesto calling for greater support

The seven-point election manifesto seeks greater support for Kiwi artists, venues, exports and music education.

Mon, Aug 31

But a new report warns the city is struggling to hold onto that talent after graduation.

The city attracting more than half of NZ's international students

But a new report warns the city needs to do more to turn that success into skilled workers and long-term economic growth.

Sat, Aug 29

Prime Minister Christopher Luxon and Social Development Minister Louise Upston

PM and Upston said no benefits were cut after law change - they were wrong

Both said no one's benefit was cut following a law change that swamped ministry officials with paperwork - but that is exactly what happened.

Fri, Aug 28

“It’s been a very challenging year for aviation, and our financial result reflects these challenges," chief executive Nikhil Ravishankar said.

'Very challenging year': Air New Zealand posts $336 million loss

The airline said the loss was driven by jet fuel prices, engine availability, aviation systems costs and maintenance.

Fri, Aug 28

President Donald Trump signs an executive order in the Oval Office of the White House

Trump signs order renaming Lake Ontario as 'Lake America' in US

The move comes as the President exacerbates his trade war with Canada.

Fri, Aug 28

The official cash rate

Kiwibank says RBNZ should hold off on further rates hikes

Bank economists said they believed interest rates should remain "stimulatory" for now, "to encourage investment and hiring".

Thu, Aug 27

Minister of Finance and National Revenue Francois-Philippe Champagne speaks at a news conference on Canada's response to US tariffs, at a roofing company in Ottawa, on Tuesday, August 25, 2026.

Canada strikes back at US with retaliatory tariffs as trade war escalates

The confrontation threatened one of the world’s largest trading relationships and further strained ties between the United States and a country long considered one of its closest allies.

Wed, Aug 26

Wage rates are growing faster in Australia compared to New Zealand

Wages are growing faster in Australia - a law change in NZ could fix that

NZ's salary and wage rates grew by half the rate of inflation last year.

Wed, Aug 26

President Donald Trump is moving toward levying a new tariff on China.

Trump moves towards levying new tariff on China

World’s second-largest economy to be penalised for flooding the global market with underpriced goods.

Tue, Aug 25

An advertisement for the cryptocurrency Bitcoin is displayed on a building in Hong Kong on Nov. 18, 2021.

'Very volatile': Could Bitcoin actually collapse?

Some are saying it's possible that at least some cryptocurrencies could see their value go to zero. But which, and why?

Tue, Aug 25

Is the gloss coming off the Aussie dream?

Australia 'too expensive', some Kiwis moving back home

Michael Valk has lived in Australia for more than 30 years, but says now is the time to return to NZ.

Tue, Aug 25

US President Donald Trump and Canadian Prime Minister Mark Carney hold a bilateral meeting during the G7 Leaders' Summit on June 16, 2025 in Kananaskis, Alberta. Canada is hosting this year's meeting of the world's seven largest economies.

US and Canada fall deeper into trade war with new tariffs

Prime Minister Mark Carney said Washington's auto-sector proposals would “gradually dismantle” Canadian production.

Tue, Aug 25

As interest rates have risen, term deposits rates have inched up.

Term deposit rates will rise – is that where your money should be?

As interest rates have risen, term deposits rates have inched up. But savers should ask themselves whether it is really the right place to put their money.

Mon, Aug 24

Labour leader Chris Hipkins launches the party's campaign for the 2026 election.

Labour reveals its 2026 election campaign slogan

Labour leader Chris Hipkins framed November's election as a choice about the country's direction.

Mon, Aug 24