Interest rates hiked to 3pc
The Reserve Bank has increased the Official Cash Rate by 25 basis points to 3 per cent this morning.
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Latest from Monetary Policy
Wall St up as drug deals bolster sentiment
A raft of merger and acquisition activity in the global drug sector helped underpin equities on both sides of the Atlantic
NZ dollar falls as investors look for insight
The New Zealand dollar fell ahead of a speech by Federal Reserve chair Janet Yellen.
NZ dollar held its gains
The New Zealand dollar held its gains of last week against the greenback before public statements by Federal Reserve chair Janet Yellen amid speculation she may clarify the central bank's view on the start of any interest rate hikes in the US.
National house prices at record high
House prices around the country have hit a new high with the median price now topping $440,000 but sales are down 10% on last year. (+infographic)
Dollar falls against Aussie
The Kiwi dollar extended its decline against its trans-Tasman counterpart after figures showed Australian unemployment unexpectedly fell last month.
'Stonking' business confidence, with a note of caution
Business confidence remains at multi-decade highs for the first three months of the year, although the strong upswing of previous quarters has flattened out