27d ago

New Zealand's Official Cash Rate rises; banks respond with rate hikes

New Zealand Official Cash Rate +25 basis points 3 September 2026

New Zealand's central bank raised the Official Cash Rate (OCR) by 25 basis points on 3 September 2026. Major banks including BNZ, ASB, and Kiwibank subsequently raised their retail lending rates in response to the OCR increase.

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Reserve Bank to make Official Cash Rate call – will we get another hike?

rss:nzheraldanglo27d ago kagi ↗

Markets and local economists are forecasting an increase for the Official Cash Rate.

Official Cash Rate hike: More banks pass on OCR increase

rss:nzheraldanglo26d ago kagi ↗

BNZ, ASB and Kiwibank are raising rates after the Official Cash Rate rose 25 basis points.