Latest fromOfficial Cash Rate
Bollard holds OCR, flags slower path for rate rises
Reserve Bank Governor Alan Bollard isn't expected to start hiking interest rates again until the middle of next year after he held the official cash rate at 3 per cent today.
<i>Bernard Hickey - </i> Bollard bets on end to housing love affair
I worry that the banks are trying to unleash those animal spirits in the housing markets again.
Bollard leaves OCR at 3pc
The Reserve Bank has left the Official Cash Rate on hold at 3 per cent. In his Monetary Policy Statement, Governor Alan Bollard said the pace of economic growth 'appears to have moderated'.
Commerce Commission probe into 'Credit Sails' bond sales
The Commerce Commission says it's investigating the sale of "Credit Sails" bonds, which crashed during the global financial crisis.
Reserve Bank pushes for power of veto over big bank purchases
The Reserve Bank of New Zealand is pressing for the power of veto over significant purchases by the country's banks.
Bailout fund hint highlights tensions
The Belgian Finance Minister has hinted that the €750 billion ($1.3 trillion) EU bailout fund could be increased, in a further sign of the confusion and discord over the best way to tackle the Eurozone debt crisis.
Market picks no OCR rise till June
The financial market now expects the Reserve Bank will not increase the OCR from 3 to 3.25 per cent until June next year.
<i>Deborah Hill Cone</i>: Keep your distance, Mr Banker
I don't want a friend - just a bank that knows its place.
World shares surge on optimism
Stocks in Europe and on Wall St surged overnight to start the final month of the year with an optimistic view that central banks and policy makers were committed to shoring up economic growth.