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Reserve Bank leaves OCR on hold

Reserve Bank governor Graeme Wheeler said he's likely to keep the official cash rate at 2.5 per cent through 2013, repeating his view that the kiwi dollar is overvalued and that he stands ready to intervene again if needed.

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Commissioner on abuse claims
New Zealand

Commissioner on abuse claims

Police Commissioner Andrew Coster has addressed claims of sexual abuse against former Cabinet minister Aussie Malcolm who died last week aged 83. Video / Mark Mitchell

Wanaka St opening
New Zealand

Wanaka St opening

Tikipunga Primary School students greet visitors at the opening of Kāinga Ora's 55-home Wanaka St development, at the former Tikipunga Tavern site. Video / Kāinga Ora