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Monetary Policy Statement and OCR

9 April 2025

The official cash rate (OCR)
We set the OCR to influence interest rates. We use our influence to keep inflation low and stable.

Event location
Online
Event date/time
https://www.rbnz.govt.nz/monetary-policy/about-monetary-policy/the-official-cash-rate#uOPyufLEZ0iJGIBrbLn0OQ
Event contact information

https://www.rbnz.govt.nz/monetary-policy/about-monetary-policy/the-official-cash-rate#uOPyufLEZ0iJGIBrbLn0OQ

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Lender Flt 1yr 2yr 3yr
AIA - Back My Build 4.44 - - -
AIA - Go Home Loans ▼6.64 5.25 4.99 5.35
ANZ ▼6.69 5.89 5.59 5.89
ANZ Blueprint to Build 7.39 - - -
ANZ Good Energy - - - 1.00
ANZ Special - 5.29 4.99 5.29
ASB Bank ▼6.64 5.25 4.99 5.35
ASB Better Homes Top Up - - - 1.00
Avanti Finance 7.40 - - -
Basecorp Finance ▼7.50 - - -
BNZ - Classic - 5.99 5.69 5.69
Lender Flt 1yr 2yr 3yr
BNZ - Mortgage One ▼6.79 - - -
BNZ - Rapid Repay ▼6.79 - - -
BNZ - Std ▼6.69 5.55 5.29 5.59
BNZ - TotalMoney ▼6.79 - - -
CFML 321 Loans 5.25 - - -
CFML Home Loans 6.95 - - -
CFML Prime Loans 7.45 - - -
CFML Standard Loans 8.25 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 5.09 - -
Lender Flt 1yr 2yr 3yr
Co-operative Bank - Owner Occ ▼6.20 5.19 5.19 5.49
Co-operative Bank - Standard ▼6.20 5.69 5.69 5.99
Credit Union Auckland 7.70 - - -
First Credit Union Special - 5.49 5.39 -
First Credit Union Standard 7.19 5.99 5.69 -
Heartland Bank - Online 6.49 5.89 - -
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society 7.65 6.00 5.80 -
ICBC 6.95 5.29 4.99 5.39
Kainga Ora 6.89 5.29 4.99 5.35
Kainga Ora - First Home Buyer Special - - - -
Lender Flt 1yr 2yr 3yr
Kiwibank ▼6.50 6.09 ▼5.89 6.39
Kiwibank - Offset ▼6.50 - - -
Kiwibank Special ▼6.50 5.19 ▼4.99 5.59
Liberty 7.15 7.05 6.75 6.70
Nelson Building Society 7.44 5.24 5.24 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
Pepper Money Essential 8.29 - - -
SBS Bank ▼6.74 5.99 5.89 5.95
SBS Bank Special - 5.39 5.29 5.35
SBS Construction lending for FHB - - - -
Lender Flt 1yr 2yr 3yr
SBS FirstHome Combo ▼4.19 4.39 - -
SBS FirstHome Combo - - - -
SBS Unwind reverse equity 8.89 - - -
TSB Bank ▼7.44 5.99 5.79 6.19
TSB Special ▼6.64 5.19 4.99 5.39
Unity 6.89 5.29 4.99 -
Unity First Home Buyer special - 4.69 - -
Wairarapa Building Society 7.20 5.49 5.29 -
Westpac ▼6.74 6.09 5.89 5.99
Westpac Choices Everyday ▼6.84 - - -
Westpac Offset ▼6.74 - - -
Lender Flt 1yr 2yr 3yr
Westpac Special - 5.49 5.29 5.39
Median 6.84 5.49 5.29 5.54

Last updated: 10 April 2025 8:18am

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