Official Cash Rate Rises
Posted on March 14th, 2014 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Official Cash Rate Rises The Reserve Bank has increased the official cash rate to 2.75%. It is the first time in three years that the OCR has been changed. In 2011 it was dropped to a record low of 2.5% in response to the Canterbury Earthquakes. In a statement, Governor of The Reserve Bank Graeme […]
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