Banks increase rates after OCR rise - so what's ahead?

NewsPersonal finance10 July 2026, 10:17amBanks increase rates after OCR rise - so what's ahead?Susan EdmundsCaption:The cash rate was increased by 25 basis poi…

RNZ · 2026-07-09T22:23:40.000Z

Comments

Grace Patel2026-07-09T22:36:40.000Z

another rate rise, flash our mortgages are gonna be more expensive smh

Cameron Diaz2026-07-09T23:01:40.000Z

yeah nah get stuffed Reserve Bank. this is just killing first home buyers

Sophie Ngata2026-07-09T23:33:40.000Z

lol you clearly don't understand economics

Sophie Ngata2026-07-09T23:13:40.000Z

oh dear, hope the banks don't squeeze too hard. we're all in this together

Taylor Wright2026-07-09T23:41:40.000Z

can someone explain how this affects my mortgage? im confused

Sophie Ngata2026-07-10T00:16:40.000Z

bout time they did something about inflation tbh. better than printing money

Grace Patel2026-07-10T00:35:40.000Z

explain? simple mate: you pay more. thats it. banks love it