Reserve Bank holds the official cash rate steady at 5.5 percent   Reserve Bank of New Zealand Holds Interest Rates Steady at 5.5% for Third Consecutive Time amid Economic Downturn and Elevated Inflation   The Reserve Bank of New Zealand (RBNZ) has decided to maintain the Official Cash Rate (OCR) at 5.5% on the 4th,…

Election Anticipation: Focus on Interest Rates and Economic Trends   With the election looming, attention turns to rates, policies, and petrol prices   As the election approaches, the focus of many individuals is honing in on current interest rates, policies, and petrol prices. This Wednesday afternoon, the decision on the official cash rate for the…

New Zealand Tops Political Donations, Real Estate Industry Takes Spotlight   The leading sector in political donations in New Zealand has been revealed to be the real estate industry.   According to investigations by RNZ (Radio New Zealand), political donations since 2021 have predominantly flowed from the real estate sector, surpassing the significant amount of…

Tesla Opens Supercharger Stations in New Zealand’s Electric Vehicle Market   Electric vehicle manufacturer Tesla has opened Supercharger stations targeting non-Tesla electric vehicles at six locations in New Zealand. This news was reported by Electrive on the 29th. The areas targeted for this opening include Rotorua (6 charging stations), New Plymouth (3 charging stations), Christchurch…