News | Business
13 Nov 2025 19:12
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • 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

    Scheduled OCR decisions are taking a break over summer, but the Reserve Bank is keeping busy

    Scheduled OCR decisions are taking a break over summer, but the Reserve Bank is keeping busy


    The central bank has slashed the cash rate from 5.5 to 4.25 between August and November, after three years of sharp hikes.

    It's paused further reviews for three months over summer.

    But Governor Adrian Orr says they still have plenty to do, and summer is actually one of their busiest times of year.

    He says the Reserve Bank is continuing to deliver money-in-cash, keep the financial system efficient and stable, and operate the payment and settlement systems.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     13 Nov: The Reserve Bank's welcoming changes to improve competition
     13 Nov: Net migration has turned a slight corner -- but is still historically low
     13 Nov: Associate Education Minister David Seymour's blaming strike action for poor school attendance
     13 Nov: The Commerce Commission is still weighing up whether to allow banks and major retailers to negotiate as a group with Armourguard, the country's only cash transit service
     13 Nov: One of the final slices of real estate in Christchurch's Cathedral Square is on the market
     13 Nov: Visitors to Aoraki Mt Cook will face daily parking rates of 25 dollars under a new pricing plan
     12 Nov: Shares in Transport and logistics company Mainfreight have rallied today, despite the company posting an 18.5 percent drop in first-half profit
     Top Stories

    RUGBY RUGBY
    Minimal changes are expected tonight when All Blacks coach Scott Robertson names his team to face England on Sunday morning More...


    BUSINESS BUSINESS
    The Reserve Bank's welcoming changes to improve competition More...



     Today's News

    Accident and Emergency:
    Four people are injured - two critically and two seriously - after a two-vehicle crash about 5pm on State Highway Three - near New Plymouth Airport 18:57

    Entertainment:
    Andrew Mountbatten Windsor has been ordered to appear before the US Congress to give evidence about his relationship with convicted paedophile Jeffrey Epstein 18:42

    Law and Order:
    A woman pinged for excessive kissing on an Air New Zealand flight's been sent to prison 18:37

    Politics:
    Trump signs bill to end longest government shutdown in US history 18:27

    Law and Order:
    The Police Commissioner's instructed specialist investigators to see whether the McSkimming scandal amounts to a perversion of justice 18:17

    Entertainment:
    Lionsgate has released the first trailer for Michael, the forthcoming biopic about pop legend Michael Jackson 18:12

    Law and Order:
    A spurned lover and stalker with a violent past stabbed a Christchurch mum 55 times in front of her children 18:07

    Entertainment:
    Actress Pauline Collins has died aged 85 17:42

    Technology:
    What we know about the ties between Donald Trump and Jeffrey Epstein 17:37

    Golf:
    Former Kiwi golf pro Phil Tataurangi is urging Daniel Hillier to ignore the noise during the European Tour finale in Dubai, starting tonight 17:27


     News Search






    Power Search


    © 2025 New Zealand City Ltd