Official Cash Rate (OCR) unchanged at 1.75 percent

We expect to keep the OCR at this level through 2019 and into 2020 says Reserve Bank Governor
08-11-2018 more >>

The Official Cash Rate (OCR) remains at 1.75 percent.

Statement by Reserve Bank Governor Adrian Orr: We expect to keep the OCR at this level through 2019 and into 2020. The direction of our next OCR move could be up or down.
27-09-2018 more >>

Latest ASB Housing Confidence Survey

House price expectations continue to recover and respondents' interest rate expectations are largely unchaged.
16-08-2018 more >>

OCR remains at 1.75%

Statement by Adrian Orr the Reserve Bank Governor
09-08-2018 more >>

OCR remains at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr: The Official Cash Rate (OCR) will remain at 1.75 percent for now. However, we are well positioned to manage change in either direction - up or down - as necessary.
28-06-2018 more >>

The Official Cash Rate (OCR) remains at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr:
10-05-2018 more >>

OCR unchanged at 1.75%

Statement by Reserve Bank Governor Grant Spencer:
22-03-2018 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

In a statement by Reserve Bank Governor Grant Spencer, the Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.
08-02-2018 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Statement by Reserve Bank Governor Grant Spencer:
09-11-2017 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

Statement by Reserve Bank Acting Governor Grant Spencer: The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.
28-09-2017 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

Statement by Reserve Bank Governor Graeme Wheeler:
10-08-2017 more >>

OCR remains unchanged at 1.75 percent

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Global economic growth has increased and become more broad-based.  However, major challenges remain with on-going surplus capacity and extensive political uncertainty.
23-06-2017 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

A statement by Reserve Bank Governor Graeme Wheeler
23-03-2017 more >>

Reserve Bank reduces OCR to 1.75 percent

Statement by Reserve Bank Governor Graeme Wheeler:
10-11-2016 more >>

The Reserve Bank today left the OCR unchanged

Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.0 percent.
22-09-2016 more >>

Official Cash Rate reduced to 2.25 percent

The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.25 percent
10-03-2016 more >>

Official Cash Rate unchanged at 2.5 percent

The Reserve Bank today left the Official Cash Rate unchanged at 2.5 percent.
28-01-2016 more >>

Official Cash Rate reduced to 2.5 percent

The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.5 percent.
10-12-2015 more >>

Reserve Bank holds the Official Cash Rate (OCR) at 2.75 percent

Global economic growth is below average and global inflation is low despite highly stimulatory monetary policy.
29-10-2015 more >>

Official cash rate reduced to 2.75 percent today

Statement by Reserve Bank Governor Graeme Wheeler
10-09-2015 more >>

Official cash rate reduced to 3.0 percent today

Statement by Reserve Bank Governor Graeme Wheeler:
23-07-2015 more >>

Carmen Vicelich, property information service Valocity, on OCR rate hold

Carmen Vicelich is the managing director of Vicelich
02-11-2014 more >>

Housing pressures are easing gradually

Pressures in the New Zealand housing market are easing gradually but risks remain, the Deputy Governor of the Reserve Bank, Grant Spencer, said in a speech today.
09-05-2014 more >>

How does the OCR actually affect interest rates?

The Official Cash Rate (OCR) was raised twice recently, the first change since early 2009. Floating mortgage interest rates for most banks moved up by the same amount almost immediately. But what exactly is the OCR and how does it affect the mortgage interest rates we pay?
05-05-2014 more >>

Reserve Bank raises OCR to 3 percent

Statement issued by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today increased the OCR by 25 basis points to 3 percent.
24-04-2014 more >>