Money
Auckland Women's Centre set to close due to funding issues
After providing help and support to women for almost four decades, Auckland's North Shore Women's Centre will close its doors in November due to funding shortfalls. And it's far from alone 236 service… Audio
Typical new home loan borrower now about $270 a month better off - economist
BNZ's chief economist says the average mortgage rate paid in June was 5.66 percent.
Midday Report Essentials for Thursday 21st August 2025
In today's episode, the Reserve Bank cut the Official Cash Rate by 25 basis points on Wednesday, as expected; Plane spotters lined the streets of outside Whenuapai air base last night to watch the… Audio
RBNZ on cuts to the OCR
The Reserve Bank cut the Official Cash Rate by 25 basis points on Wednesday, as expected. Reserve Bank Chief Economist Paul Conway spoke to Guyon Espiner. Audio
Business banking 'a standout' as Kiwibank sees full-year profit drop
Kiwibank has posted a lower full-year profit on the back of increased costs and a fall in margins.
Reserve bank cuts OCR 25 basis points
The Reserve Bank cut the Official Cash Rate by 25 basis points on Wednesday, surprising no one. Money correspondent Susan Edmunds spoke to Corin Dann. Audio
Home loans set to drop further as OCR is cut
Banks are cutting home loan rates after the Reserve Bank cut the Official Cash Rate by 25 basis points, bringing it to a three-year-low of 3 percent. Cotality chief property economist Kelvin Davidson… Audio
Rate capping lessons from across the Tasman
As rate payers feel the pinch, plans for rate capping offer welcome relief. But councillors across the Tasman have warnings.
Why did New Zealand interest rates go higher than Australia's?
Australia's cash rate peaked at 4.35 percent. New Zealand's reached 5.5 percent.
On rate capping, lessons from across the Tasman
As rate payers feel the pinch, plans for rate capping offer welcome relief. But councillors here and across the Tasman have warnings. Audio
'Today is a good day': Parliament reacts to OCR cut
Cries of celebration from the government benches were heard at Parliament today, following the Reserve Bank's cut to the Official Cash Rate.
New scheme aims to cut out supermarkets, source local produce
A new scheme aims to cut out supermarkets and get the fruit and vegetables grown next door or down the road onto people's plates. A group of charities in Wellington is working to source produce direct… Audio
'Illustrates the uncertainty': Reserve Bank on cutting cash rate to three-year low
The central bank shaved another 25 points off but once again the rate-setting body could not reach consensus on the decision.
As it happened: High schools close as teachers hold one-day strike
High school teachers are joining picket lines as they call for a better government offer. Audio
Another interest rate cut looks likely today - but how will the Reserve Bank decide?
The Reserve Bank's former assistant governor and head of economics at the Reserve Bank lays out what's involved. Audio
Midday Report Essentials for Wednesday 20th August 2025
In today's episode, the Reserve Bank is expected to cut the Official Cash Rate for the first time since May when the central bank makes its call at 2pm on Wednesday; A blind New Zealander has launched… Audio
Reserve Bank expected to cut OCR
The Reserve Bank is expected to cut the Official Cash Rate for the first time since May when the central bank makes its call at 2pm on Wednesday. Mortgage broker Glen McLeod spoke to Guyon Espiner. Audio
How does the Reserve Bank make OCR decisions?
The Reserve Bank will update the official cash rate (OCR) on Wednesday afternoon. But have you ever wondered how it goes about making the decision? Money correspondent Susan Edmunds spoke to Corin… Audio
Future of Nelson Provincial Museum's new storage facility uncertain
The museum's existing building has been deemed not fit for purpose. Audio
What will encourage NZers to have more babies?
New population data has confirmed that New Zealand will need to rely more on migration to offset an ageing population in the coming decades.
