July Monetary Policy Review and OCR

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At 2pm we publish:

the official cash rate (OCR)
our media release about the Monetary Policy Review.

We will also hold an online media conference, which starts at 3pm.

Watch the livestream on our media conference page

The Monetary Policy Review is published on our website and announced to financial markets at 2pm (NZT) and then emailed to our news subscribers and shared on our X/Twitter account.

We reserve the right to make changes to timing if required due to unexpected developments. In that unlikely event, we would give the markets and the media as much warning as possible.

If our website is unavailable

If our website is unavailable, and we can't publish the OCR decision at 2pm, we will:

send out an email to our subscribers with the media release and OCR decision
post the decision on our social media channels — LinkedIn and X / Twitter