The benchmark interest rate in New Zealand was last recorded at 3.25 percent. This dataset provides - New Zealand Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Financial Asset Investing industry's revenue is largely dictated by the performance of domestic and international financial markets. Volatility in global financial markets due to the pandemic and the Russia-Ukraine conflict has contributed to a decline in confidence. Industry revenue is expected to fall at an annualised 3.2% over the five years through 2023-24, to total $31.1 billion. This trend includes an anticipated uptick of 0.1% in the current year. Industry revenue has been highly volatile, with sharemarket performance remaining relatively weak due to the pandemic. As a result, profitability has trended downwards. Despite this decline, industry participation has jumped, as asset investing becomes more popular among consumers and businesses, including investments in riskier assets like domestic and international equities. To curb inflation, the RBNZ has repeatedly raised its official cash rate, resulting in a 14-year high in cash rates and a surge in interest rates in New Zealand. Rising interest rates have sparked interest in longer term debt securities due to their higher yield, which is more enticing for investors. This has somewhat offset the decline in industry revenue. Industry revenue is forecast to grow moving forwards. A strong economic recovery following the pandemic and easing global concerns are projected to drive revenue growth, as investors are more eager to take on higher risk. Forecast rate cuts are set to stimulate stock market performance. Instead of longer term debt securities like bonds, investors will start gravitating towards equities as yields gradually decline. Other factors set to drive growth include lower revenue volatility and a rise in industry assets contributing to growing investment returns. Technology will continue to play a key role in the Financial Asset Investing industry. Fintech advancements, like chatbots and robo-advisors, are set to enhance profitability in the coming years by automating tasks and reducing reliance on administrative labour. However, firms will likely face stronger competition for funds from superannuation funds and KiwiSaver schemes. Overall, industry revenue is forecast to grow at an annualised 3.3% over the five years through 2028-29, to reach $36.5 billion.

Interbank Rate in New Zealand decreased to 3.29 percent on Thursday June 26 from 3.30 in the previous day. This dataset provides - New Zealand Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The NZD/USD exchange rate fell to 0.6051 on June 27, 2025, down 0.14% from the previous session. Over the past month, the New Zealand Dollar has strengthened 1.50%, but it's down by 0.66% over the last 12 months. New Zealand Dollar - values, historical data, forecasts and news - updated on June of 2025.

The yield on New Zealand 10Y Bond Yield rose to 4.53% on June 27, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.11 points and is 0.15 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. New Zealand 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on June of 2025.