$AUDNZD -0.8% today — what's driving it?

It looks like the RBNZ's hawkish tone might be finally catching up to the market's expectations, especially with the AUD strength we've seen recently. I'm not positioned, but it's an interesting move given the previous range. Do you think this is a sustainable break below 1.205?

This move looks pretty aggressive for AUDNZD, wonder if there's any specific news out of NZ that's amplifying things today. I'm not in it, but definitely watching to see if this leg down has any follow through.