News | Business
11 Dec 2019 20:27
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • News
  • Sport
  • Weather
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    The Official Cash Rate is staying unchanged at a record low 1 percent

    The Official Cash Rate is staying unchanged at a record low 1 percent

    13 November 2019
    Most economists had predicted a cut by 25 basis points - causing the dollar to rise.

    NZ Herald Business editor at large Liam Dann says the OCR tends to flow through to mortgage and deposit rates.

    He says it's good news for savers who are unlikely to see deposit rates falling.

    © 2019 Newstalk ZB, NZCity


     Other Business News
     11 Dec: No signs demand for rentals will cool anytime soon
     11 Dec: New Zealand's dairy industry is losing some of its market monopoly across the ditch
     11 Dec: The investment case for Christchurch's multi-use arena is before the City Council today
     11 Dec: The Small Business Minister's hinted social infrastructure could be part of today's big Government spend
     11 Dec: Phil Goff says he wants Auckland Council to lead by example by cutting carbon emissions
     10 Dec: People using lightning-fast 5G are an exclusive bunch for now
     10 Dec: Immigration New Zealand says its Advance Passenger Processing system is down
     Top Stories

    RUGBY RUGBY
    New All Blacks head coach Ian Foster is adamant the next two years won't be a continuation of the Steve Hansen era More...


    BUSINESS BUSINESS
    No signs demand for rentals will cool anytime soon More...



     Today's News

    Entertainment:
    Taylor Swift is approaching her thirties with a healthier outlook 20:10

    International:
    Bougainville votes overwhelmingly for independence from Papua New Guinea in landmark referendum 19:57

    Entertainment:
    Dave Bautista is to be inducted into the WWE Hall of Fame 19:40

    International:
    New Zealand White Island volcano rescue pilot says bodies could be recovered in 90 minutes 19:17

    Entertainment:
    Members of the New World Order (nWo) are to be inducted into the WWE Hall of Fame 19:10

    Environment:
    Emergency operations are standing down on the West Coast after flooding and slips since the weekend 18:57

    Entertainment:
    'Marriage Story' leads the Golden Globes nominations with six nods 18:40

    Politics:
    Shane Jones was preparing to release a freight strategy for the upper North Island tomorrow - but has been taken to hospital today 18:37

    International:
    Geminid meteor shower will light up our skies this coming weekend 18:17

    Entertainment:
    Katie Price has apologised for cheating on Kris Boyson 18:10


     News Search






    Power Search


    © 2019 New Zealand City Ltd