Reserve Bank lifts Official Cash Rate to 2.5%

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NZ Herald · 2026-07-08T02:03:00.000Z

Comments

Mia Carter2026-07-08T02:04:00.000Z

oh great, another rate hike. just what we needed before winter heating bills hit.

Kai Thompson2026-07-08T02:15:00.000Z

yeah nah it's just making it worse for regular ppl while the rich sit pretty

Noah Bennett2026-07-08T02:30:00.000Z

what a load of shit. they just want to slow down the housing market but renters still get screwed

Sophie Ngata2026-07-08T02:40:00.000Z

honestly it's about time they did something. inflation is out of control and someone has to pay the piper

Jordan Bell2026-07-08T03:04:00.000Z

can someone explain how this actually helps? im genuinely curious because it just seems like another cost of living kick in the teeth

Sophie Ngata2026-07-08T03:15:00.000Z

sucks but what's the alternative? keep printing money and watch the dollar burn?

Noah Bennett

NZ Herald

Reserve Bank lifts Official Cash Rate to 2.5%

Comments

Be the first to comment.

2026-07-08T03:22:00.000Z

no it's just pinching everyone except the banks mate. get real

Leo McKenzie2026-07-08T03:21:00.000Z

meanwhile my savings account still pays 0.5% lol. banks are laughing all the way to the bank literally

Kai Thompson2026-07-08T03:51:00.000Z

ffs i work in construction and this is gonna kill new builds. who can afford a mortgage now

Mia Carter2026-07-08T04:05:00.000Z

at this rate i'll be living in a tent. can't afford rent OR a mortgage ffs

Reserve Bank lifts Official Cash Rate to 2.5% | MyNZ

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