The Reserve Bank was too late to start cutting the official cash rate and should get to a neutral level as quickly as ...

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Interest rates continue to tumble in New Zealand at pace, with the Reserve Bank cutting a further 50 basis points to leave the official cash rate at 3.75 per cent. The double-strength shift was ...

Critics say the money would have been better spent training more workers, including much-needed psychiatrists.

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WELLINGTON, Feb. 19 (Xinhua) -- The Reserve Bank of New Zealand (RBNZ) lowered the official cash rate (OCR) by 50 basis points on Wednesday from 4.25 percent to 3.75 percent due to eased inflation ...

New Zealand’s plan to extend the monopoly of its betting agency to online wagering will create a bigger pool of cash for horse racing and other sporting codes, according to Racing Minister ...

Reserve Bank of New Zealand Governor Adrian Orr said on Thursday that New Zealand was now in an environment of low and stable inflation but warned the volatile international landscape could impact New ...