The Reserve Bank raised the Official Cash Rate to 2.75% on 2 September 2026, the second increase in as many months. Auckland home values fell 2.7% over winter, the sharpest quarterly drop in two years. Auckland rents barely moved, up just 0.8% to $689 a week. Here's what happened last week, and what it means for your rental. The OCR Hits 2.75%: What It Means for Your Mortgage The Reserve Bank's...