Latest from Monetary Policy

Dollar tumbles after Fonterra cuts payout to farmers
The New Zealand dollar dropped below 85 US cents for the first time in seven weeks after Fonterra cut its forecast payout to dairy farmers.

Kiwi dollar keeps falling
The New Zealand dollar was the weakest major currency overnight, touching a fresh six-week low.

Dollar dives after rate hike
The Reserve Bank governor Graeme Wheeler has raised the official cash rate as expected - leading the kiwi dollar to instantly take a tumble.

Dollar 'unsustainably high,' says English
Finance Minister Bill English said the Kiwi dollar, which hit a record on a trade-weighted basis this year, is "unsustainably high".

Shadow board backs OCR rise - just
NZIER's monetary policy shadow board thinks the Reserve Bank should raise the official cash rate to 3.5 per cent tomorrow, but it is a line ball call.

Dollar sinks further on air crash, Gaza offensive news
The Kiwi dollar extended its slide as the crash of a Malaysian jet in rebel-held Ukraine and a ground offensive in Gaza sapped risk appetite worldwide.

House sales, prices, fall in June
House sales fell in June from a year earlier, led by properties of $400k or less, indicating the LVR restrictions are curbing demand at the cheaper end of the market.