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Banks rush to cut rates after RBNZ slashes OCR 50bp to 4.25%
TMM - News

Banks rush to cut rates after RBNZ slashes OCR 50bp to 4.25%

The Reserve Bank has cut its official cash rate (OCR) to 4.25%, in line with most economists' expectations, and says it's likely to cut further next year.

Wed, Nov 27th 2024 02:44PM

BREAKING: OCR 4.25% - OCR lowered further as inflation returns to target

BREAKING: OCR 4.25% - OCR lowered further as inflation returns to target

2 min read
ASB made up for lost time with mortgage lending surge in Sept quarter

ASB made up for lost time with mortgage lending surge in Sept quarter

2 min read
FMA complaint touted as banks do little to pull back processing times

FMA complaint touted as banks do little to pull back processing times

8 min read
All eyes on interest rates for next two years

All eyes on interest rates for next two years

5 min read
Backlash against banks’ home loan processing times

Backlash against banks’ home loan processing times

3 min read
Climate change – a threatening problem for lenders

Climate change – a threatening problem for lenders

4 min read
Westpac sees plenty of shopping around for mortgages

Westpac sees plenty of shopping around for mortgages

3 min read
New line of credit business offering

New line of credit business offering

2 min read
Economists hedge their OCR bets

Economists hedge their OCR bets

5 min read
Mortgages harder to get over the line

Mortgages harder to get over the line

5 min read
Private credit rewriting mortgage and business borrowing

Private credit rewriting mortgage and business borrowing

6 min read
Small mortgage blip for Basecorp  in tough year

Small mortgage blip for Basecorp in tough year

5 min read
A big target for newly merged company

A big target for newly merged company

4 min read
ASB insists it isn't making excess profits

ASB insists it isn't making excess profits

3 min read
Dosh to launch a competitive digital home loan

Dosh to launch a competitive digital home loan

4 min read

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Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister.
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