OCR reduced by 25 basis points to 5.25%.

ASB Bank's mortgage book grew by just over $1 billion in the six months ended June after shrinking in the first half.

Mortgage payments are swallowing more than half of the median household income.

Fidelity Life has extended its three-months premium free special offer.

The NZ Institute of Economic Research (NZIER) shadow board is split over whether the Reserve Bank should drop the OCR tomorrow.

Fisher Funds fixed interest manager David McLeish has finished up with the firm.

The former head of Resimac in New Zealand, Luke Jackson, has taken up a new role.

nib New Zealand, has rolled out an AI-driven symptom checker, to help policyholders better navigate the healthcare system by directing them to the appropriate treatment setting, based on their needs.

Compared to OECD standards, financial literacy and uptake of financial advice in New Zealand is low. The challenging economic environment makes understanding clients' wants, needs, and support requirements crucial to providing meaningful advisory services.

Inflation expectations have fallen on all of the horizons the RBNZ monitors.