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BREAKING: RBNZ raises OCR by just 25 bps

BREAKING: RBNZ raises OCR by just 25 bps

The Reserve Bank today increased the Official Cash Rate (OCR) by 25 basis points to 5.50%. Here's what the bank said.

Wed, May 24th 2023 02:00PM

Open letter to Reserve Bank not to raise the OCR

Open letter to Reserve Bank not to raise the OCR

Households outlook glum but slightly less so

Households outlook glum but slightly less so

Wealth, the OCR and migration

Wealth, the OCR and migration

Borrowers shying away from too much debt

Borrowers shying away from too much debt

OCR to stay higher for longer and falling house price deepen - Treasury

OCR to stay higher for longer and falling house price deepen - Treasury

Another bank joins OCR fray

Another bank joins OCR fray

Growing demand for non-bank business lending

Growing demand for non-bank business lending

Eye of the storm

Eye of the storm

Canstar tells stressed homeowners to talk to a mortgage adviser

Canstar tells stressed homeowners to talk to a mortgage adviser

ComCom study mulled as trust in banks wanes

ComCom study mulled as trust in banks wanes

Advising clients in a changed mortgage world

Advising clients in a changed mortgage world

House buyers slow on reading market changes

House buyers slow on reading market changes

More than half Westpac's business is from advisers

More than half Westpac's business is from advisers

Westpac fattens margins as mortgage book grows

Westpac fattens margins as mortgage book grows

How DTIs will affect mortgage advisers

How DTIs will affect mortgage advisers

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