Latest from Official Cash Rate

Aussie rate decision drags dollar down

Banker admits $18m fraud charges

A former ASB Bank investment banker has pleaded guilty to fraud charges involving nearly $18 million.

<i>Currency: </i> Kiwi dollar bounces overnight

<i>Michael Lang:</i> Beware the lure of gold rush

As gold earns nothing and yields nothing, over the long term it does nothing more than preserve investors' capital from inflation.

Inflation targeting works, Bollard tells employers

Staying the course

New bank rules could keep rate hikes to a minimum: Bollard

<i>Currency: </i>NZ dollar has bumpy ride on European roads

Dollar eases, investors await rate decision

NZer quits as World Bank manager

New Zealander Graeme Wheeler has announced his resignation as managing director of the World Bank.

Credit card use declines 1.3 per cent

Bankers take back seat at economic forum

NZ Dollar mixed, rate decision awaited

All eyes on Bollard for date to raise OCR

Other banks expected to follow ANZ cut

ANZ National Bank has slashed its variable home mortgage rates - putting pressure on other banks to follow suit.

Fonterra raises $270 million from its farmers

Fonterra says around one third of its farmer shareholders have spent $270.7 million buying up new shares in the co-operative.