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Showing 11 - 20 of 21 results for "OCR"

Interest rates on ice

BENJAMIN ONG  |  WEDNESDAY, 4 OCT 2017
... (at 2%) between May 2015 and April 2016 but it's looking like it'll surpass the August 2013 to January 2015 period when the OCR was kept on ice at 2.5% for 18 months. Then again, monetary policy doesn't depend on calendar counts...but I digress. As is ...

CBA innovates to help customers avoid late fees

JAMIE WILLIAMSON  |  MONDAY, 26 SEP 2016
... able to pay their bills by taking a photograph of the bill while using the CommBank app. Using optical character recognition (OCR) technology, BPAY information fields are prepopulated using the details captured in the photograph to increase efficiency. ...

RBNZ tries to turn the turn in NZ economy

BENJAMIN ONG  |  MONDAY, 27 JUL 2015
... percent target range... further depreciation is necessary given the weakness in export commodity prices." "A reduction in the OCR is warranted by the softening in the economic outlook and low inflation. At this point, some further easing seems likely." ...

You go NZ

BENJAMIN ONG  |  THURSDAY, 13 MAR 2014
... December from 1.0% in the March and June quarters of the same year. Is there more to come? "The speed and extent to which the OCR will be raised will depend on economic data and our continuing assessment of emerging inflationary pressures." How much ...

Down, down interest rates are down

BENJAMIN ONG  |  WEDNESDAY, 5 DEC 2012

Market Wrap - Morning

AAP  |  THURSDAY, 10 MAR 2011
... markets in Asia today as investors waited to see if the Reserve Bank of New Zealand (RBNZ) will cut the official cash rate (OCR) on Thursday. The benchmark NZX-50 index closed down 6.748 points, or 0.197 percent, at 3,414.424. Turnover was worth $NZ157.2 ...

Market Wrap - Morning

AAP  |  TUESDAY, 8 MAR 2011
... Zealand on Thursday, making investments in shares more attractive. Many economists are expecting the Reserve Bank will cut the OCR from three per cent to 2.5 per cent on Thursday, and today Prime Minister John Key said a cut in the rate would probably ...

Market Wrap - Morning

AAP  |  FRIDAY, 11 SEP 2009
... Zealand sharemarket held its gains from early trade after Reserve Bank Governor Alan Bollard left the official cash rate (OCR) unchanged. The benchmark NZSX-50 index added 10.27 points, or 0.33 per cent, to 3126.68.

Market Wrap - Morning

AAP  |  THURSDAY, 24 APR 2008
... trading. Early today, the NZ Reserve Bank decided to keep official interest rates on hold, keeping its official cash rate (OCR) at 8.25 per cent, its level since last July.

New Zealand central bank lifts interest rates 25 basis points

... reasons for not lifting interest rates yesterday and then lifted them anyway, an economist says. Lifting the official cash rate (OCR) by 25 basis points to 5.5% yesterday, RBNZ governor Alan Bollard said he could not rule out further rate rises this ...