Latest from Reserve Bank of NZ

Banks accused of unnecessarily hiking mortgage rates

Are banks putting profits ahead of NZ's economic recovery?

ASB quietly stops offering some mortgage rate discounts

Bank's move comes as Westpac increases its mortgage and term deposit rates.

Reserve Bank spending under fire – between-office travel cost hits $850k

The bank's costs for between-office travel in the age of Zoom has been labelled 'waste'.

NZ Herald Headlines | Wednesday December 10, 2025

Afternoon Headlines | Reserve Bank Governor asked to cut spending; 36-year-old man charged with murder and assault | Wednesday December 10, 2025

New Reserve Bank Governor responds to Westpac hiking interest rates, despite OCR cut

Westpac has hiked its longer-term mortgage and term deposit rates by 30 basis points.

Westpac lifts interest rates by whopping 30 basis points

Is this what the Reserve Bank wanted?

Cameron Bagrie: Trust, not growth, may decide who wins the 2026 election

Opinion: Inflation still outpaces wages, leaving households feeling poorer.

Last of the bad news? NZ set for economic revival in 2026 – what's fuelling the optimism?

There are clear signs New Zealand's recovery is gathering pace, ASB economists say.

Liam Dann: Why a Swedish central banker matters more than Ikea’s meatballs

Local media’s focus on Ikea was intense, while the new Governor made a quiet entrance.