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The official cash rate (OCR) is the term used in Australia and New Zealand for the bank rate and is the rate of interest which the central bank charges on overnight loans between commercial banks. This allows the Reserve Bank of Australia and the Reserve Bank of New Zealand to adjust the interest rates that apply in each country's economy. The ...
The Reserve Bank of New Zealand (RBNZ) (Māori: Te Pūtea Matua) is the central bank of New Zealand. It was established in 1934 [2] and is currently constituted under the Reserve Bank of New Zealand Act 2021. [3] The governor of the Reserve Bank, currently Adrian Orr, is responsible for New Zealand's currency and operating monetary policy.
Regal and vice-regal Government Other party leaders in parliament Judiciary Main centre leaders Regal and vice-regal Head of state – Charles III Governor-General – Cindy Kiro Charles III Cindy Kiro Government Legislature term: 54th New Zealand Parliament. The Sixth National Government, elected in 2023, continues. Speaker of the House – Gerry Brownlee Prime Minister – Christopher Luxon ...
President-elect Donald Trump’s promise to impose stiff tariffs against America’s three biggest trading partners is widely expected to push prices higher, which would set the stage for the ...
Budget 2023, titled "Support for today, Building for tomorrow", is the New Zealand budget for fiscal year 2023/24 presented to the House of Representatives by Finance Minister, Grant Robertson, on 18 May 2023 as the fifth budget presented by the Sixth Labour Government.
The 2023 New Zealand mini-budget, also known as Mini Budget 2023, was released by Minister of Finance Nicola Willis on 20 December 2023 as part of the Sixth National Government's plan to address the cost of living, deliver income tax relief, and reduce the tax burden. [1]
President-elect Donald Trump notched a 54% approval rating, one of his all-time highest, compared to about 46% who disapprove of him, an Emerson College poll found.
New Zealand is expected to be at level 4 for a minimum of three days, while Auckland and the Coromandel Peninsula for 7 days. [32] [33] On 23 August 2021, Ardern announced that most of New Zealand will remain at alert level 4 until 11:59 pm on 27 August, while Auckland will remain at alert level 4 until 11:59 pm on 31 August.