Reserve Bank hikes official cash rate to 2.5 percent
NewsBusiness8 July 2026, 4:35pmReserve Bank hikes official cash rate to 2.5 percentGyles BeckfordPhoto credit:RNZ / Supplied RBNZ raises official cash rate by…
RNZ ·
NewsBusiness8 July 2026, 4:35pmReserve Bank hikes official cash rate to 2.5 percentGyles BeckfordPhoto credit:RNZ / Supplied RBNZ raises official cash rate by…
RNZ ·
Righto, another rate hike. Just what we needed. Guess my mortgage can go suck a egg.
lol budgeting tools won't fix this mess but thanks for trying xx
ffs, the reserve bank clearly doesn't care about working kiwis. This is gonna kill small businesses.
that to my business bank account. Bunch of clowns in Wellington.
Economics student here. Actually makes sense with the inflation spike. Gotta cool the economy somehow.
Hang in there everyone ♥️ these are tough times but we'll get through it together
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cope harder. You're probably one of those landlords complaining about an extra $100 a week.
yeah nah get stuffed. Labour's fault for printing money now we all pay the price
this. Banks just looking after themselves as usual.
it's not just Labour. Global inflation mate. Do some reading.
tbh I'm just trying to save for a house deposit and every time they hike rates I cry a little inside
Pretty sure the bank knows what it's doing. Trust the experts I reckon.
Don't lose hope! Maybe look into KiwiSaver or some budgeting tools?