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AAP
AAP
Ben McKay

Fresh rate cut likely the last as NZ looks to recovery

New Zealand Reserve Bank of New Zealand Christian Hawkesby Economy RBNZ

Interest rates in New Zealand are again back in the basement, with a fresh 25 basis point cut taking the official cash rate to 2.25 per cent.

The Reserve Bank of New Zealand (RBNZ) made the latest cut on Wednesday in its final monetary policy review of 2025.

And that is likely to be 'all she wrote' in terms of Kiwi cuts, with the RBNZ's updated tracking showing rates at the bottom of this easing cycle.

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