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29 Dec 2025 14:52
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  •   Home > News > Business

    Most banks have cut their advertised rates following yesterday's OCR decision

    Most banks have cut their advertised rates following yesterday's OCR decision


    Kiwibank was the first to move.

    Chief Executive Steve Jurkovich says it's a positive sign of things to come, with their team now forecasting a steady period of cuts from now to June 2027.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     28 Dec: Melbourne could be facing water-restrictions from low-rainfall, a dry summer, and high water-use
     28 Dec: A dip in sales and wild weather hasn't dampened retailers' spirits - with hopes things will turn a corner in 2026
     28 Dec: New insurance data reveals Bali is still a spot of trouble for New Zealand travellers
     27 Dec: A Lotto ticket bought at Green Bay New World in Auckland is now worth $5.5 million
     27 Dec: A lack of regulation in the cleaning industry has some contractors earning less than minimum wage
     27 Dec: Retailers are hoping for another sales surge - to keep this season's early momentum moving
     27 Dec: Auckland's public transport users will have one less option from today
     Top Stories

    RUGBY RUGBY
    Nick Kyrgios has blitzed Aryna Sabalenka in straight sets 6-3, 6-3 across what has been coined their battle-of-the-sexes tennis match in Dubai More...


    BUSINESS BUSINESS
    Melbourne could be facing water-restrictions from low-rainfall, a dry summer, and high water-use More...



     Today's News

    Cricket:
    To the T20 Super Smash clash at the Basin Reserve, where Wellington Blaze allrounder Amelia Kerr is hitting it all over the park ... on TVNZ 14:27

    Soccer:
    Wellington Phoenix women's coach Bev Priestman is crediting national team performances, after signing Football Fern Emma Pijnenburg  14:07

    Politics:
    Chris Hipkins says he's without a doubt leading the Labour Party through next year's election 14:07

    Accident and Emergency:
    A mum and two teenagers saved an elderly man who collapsed on a hike near Thames last night 13:47

    Motoring:
    A person's seriously injured after a crash, where a car rolled in Christchurch's city central 13:27

    National:
    Donald Trump’s first step to becoming a would-be autocrat – hijacking a party 13:07

    International:
    Volodymyr Zelenskyy says progress made on peace deal, but Donald Trump says 'thorny issues' remain 13:07

    Basketball:
    To the US NBA in Canada .. 13:07

    Law and Order:
    One man's due in court today, and Police are looking for others, after two serious brawls in Auckland yesterday 12:37

    Basketball:
    NBA champions the Oklahoma City Thunder have seen off the visiting Philadelphia 76ers 129-104 12:27


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