Latest from Reserve Bank of NZ

PM Luxon praises viral breakdancer Raygun: 'We’re loving her in New Zealand'

PM hints at further Reserve Bank cuts and discusses Pacific stability, Raygun, in Sydney.

Audrey Young: Government on track for post-Olympic policy sprint

OPINION: Also in this week's wrap – the PM's embarrassing benefit blunders.

'Complete and utter 180 u-turn': Mortgage relief for home owners in surprise OCR cut

The major banks immediately moved to slash mortgage rates after the OCR cut.

Prime Minister Christopher Luxon and Finance Minister Nicola Willis on the lower OCR

The Reserve Bank has cut the official cash rate by 25 basis points to 5.25%. It is the first cut since March 2020.

Crushing 4% rental yield gap largest in 15 years – but many investors undeterred

'Rents are nowhere near enough to cover the mortgage for a typical debt-backed purchase.'

Opinion: Rate cuts are coming, here's what investors should do

OPINION: The Reserve Bank would need to make a move soon, Mark Lister says.

Global IT outage a cashless wake-up call? Reserve Bank says keep physical cash for emergencies

Last Friday's CrowdStrike failure saw many unable to buy necessities as computers crashed.

Currency control? Why Reserve Bank of NZ wants digital money

And how the future of payments would protect our privacy.

Mark Lister: The shifting sands of central bank outlooks

OPINON: Here in New Zealand, we’ve had the worst of both worlds.

NZ First candidate, former cop file complaint against Kiwibank after losing $500k in scam

The victims claim Kiwibank failed to monitor the account or carry out due diligence.

Exports up, imports down in March - so should we be happy?

Imports take a tumble, kiwifruit and apples get country out of deficit.

Are rate cuts actually coming? How investors are dealing with the delay

The statistics, central banks and market may not all agree on this one.

Record number of home owners fix on one-year terms as they bet on interest rates falling

Home owners don't want to miss out on the chance interest rates could fall next year.

Business blues bubble to the surface as bad debts rise

An accountant says some businesses should consider whether staying open is viable.

Adrian Orr interview: Money printing and inflation

"Central banks globally including us and fiscal authorities pumped money in."

'Ruined my life': Luxury yacht skipper loses $400k in scam, faces accused 'mule' in court

He thought he was investing $400k in a HSBC term deposit. But it was all a scam.