Business Scoop


New Zealand’s space economy – Expert Reaction

Press Release – Science Media Centre

New Zealands space sector contributed $1.69 billion to the economy in the last financial year, according to a report commissioned by MBIE . Read more »

NZ space economy worth $1.69 billion

Press Release – New Zealand Government

A new report has found New Zealands space sector contributed $1.69 billion to the economy in the last financial year and employs 12,000 people, Minister for Economic Development Phil Twyford announced today. Read more »

XE Morning Update

Press Release –

The NZDUSD opens at 0.6405 (mid-rate) this morning. For the second time in his short tenure RBNZ Gov Adrian Orr took markets by surprise this time announcing the OCR would remain unchanged at 1.0%. The market was short going into yesterdays announcement … Read more »

Reserve Bank gets it right by keeping OCR steady

Press Release – ACT New Zealand

The Monetary Policy Committee has made a sensible decision to keep the OCR at one per cent, according to ACT Leader David Seymour. Read more »

Reserve Bank predicts further economic slowdown

Press Release – New Zealand National Party

The Reserve Bank has lowered its growth forecasts again as economic indicators continue to show New Zealand’s economy is underperforming, National Party Finance Spokesperson Paul Goldsmith says. Read more »

Official Cash Rate unchanged at 1 percent

Press Release – Reserve Bank

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment remains around its maximum sustainable level while inflation remains below the 2 percent target mid-point but within our target range. Economic … Read more »

XE Data Update – NZ 2-year Inflation Expectations

Press Release – XE Money Transfer

The RBNZ Inflation Expectations numbers for Q4 have just been released. Read more »

NPDC investment in core infrastructure a major factor

Press Release – New Plymouth District Council

Infrastructure investment has been identified as a key economic driver in the region, with $1.65 spent in the Taranaki economy for every $1 invested by NPDC, a new report from Berl says. Read more »

XE Morning Update

Press Release –

The NZDUSD opens at 0.6369 (mid-rate) this morning. The NZD is the only currency keeping pace with the British pound, which has pushed higher as the chances of a Conservative win increase. News that the Brexit Party will not contest the 317 electorates … Read more »

RBNZ ‘should’ cut. Well they?

Column – Kiwibank

The RBNZ’s decision is in focus this week. A cut to 0.75% ‘should’ be made. But conviction in the call has evaporated from a certainty, to a coin toss. If the RBNZ don’t cut this week, we will expect a cut in Feb. So why wait? They risk … Read more »

XE Morning Update

Press Release –

The NZD opens at 0.6359 In what is shaping up to have more excitement than a Bachelor finale, the US China Phase One trade deal looks to be back on. This was originally looking good early in the week, but fears the deal was falling apart started to increase … Read more »

CoreLogic NZ releases September quarter construction update

Press Release – CoreLogic RP Data

Construction activity across New Zealand remains very high and thats putting pressure on labour capacity in the industry, as well as materials costs. Indeed, after a more subdued result for the second quarter (0.6% rise), construction cost inflation on … Read more »

Next Page »