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Dollars & Sense
5 mins to read

Should the RBNZ introduce a January OCR decision?

WATCH: Dollars & Sense debates the pros and cons of an extra summer rate decision from the central bank.

WATCH: Dollars and Sense debates adding a January OCR decision.

Key points
  • What’s at stake: The frequency of official cash rate decisions.
  • Background: Finance Minister Nicola Willis has raised concerns about the 12-week gap in decisions between November and February. 
  • Main players: New Zealand, Reserve Bank, official cash rate, Nicola Willis, Christian Hawkesby, the Government, the Treasury, Westpac, Kelly Eckhold, UBS, Nic Guesnon, NZIER, Christina Leung.

The Reserve Bank should assess the merits of baking-in an official cash rate decision in January to break up the long gap in the current monetary policy calendar, Dollars & Sense panellists argue.

Currently, the final rate decision of the year typically lands in late November before an extended

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Jonathan Mitchell Tue, 01 Jul 2025
Contact the Writer: jmitchell@nbr.co.nz
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Key points
  • What’s at stake: The frequency of official cash rate decisions.
  • Background: Finance Minister Nicola Willis has raised concerns about the 12-week gap in decisions between November and February. 
  • Main players: New Zealand, Reserve Bank, official cash rate, Nicola Willis, Christian Hawkesby, the Government, the Treasury, Westpac, Kelly Eckhold, UBS, Nic Guesnon, NZIER, Christina Leung.
Should the RBNZ introduce a January OCR decision?
Dollars & Sense,
109794
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