More Hedging Less Hiring

Press Release – JP Morgan

There remains a broad consensus among G3 corporates that JPY should depreciate notably in 2010 and 2011: nearly 80% of respondents look for USD/JPY to move higher in coming years. Read more »

SMELLIE SNIFFS THE BREEZE: It’s Only Natural

Article – Businesswire

March 17 (BusinessWire) – Like deluge from a dirty drain, a whole pile of news landed on the dairy sector at the end of this week. Read more »

Aussie tourists boost visitor numbers

Article – Businesswire

March 19 (BusinessWire) – More Australians are hopping across the Tasman for a holiday as the weakening New Zealand dollar gives them the most spending power in almost a decade, government figures show. Read more »

World Financial Markets: Second-quarter 2010

Press Release – JP Morgan

The global recovery will be maintained in 2010, lifting GDP at an above-trend 3.4% pace. The booming recovery in manufacturing will broaden to the service sector. The US will continue to outperform most other developed economies, reflecting more aggressive … Read more »

RBNZ may hold off on raising OCR beyond mid-year

Article – Businesswire

Reserve Bank may hold off on raising OCR beyond mid-year in face of sluggish economy, Borkin says Read more »

Air NZ’s Tasman reconfiguration a lift for Wgtn

Press Release – Wellington Regional Chamber of Commerce

The Wellington Regional Chamber of Commerce welcomes the announcement from Air New Zealand that it intends to reconfigure its Tasman and Pacific Island products. Read more »

Mackenzie Basin backers “gaming” resource process

Article – Businesswire

March 18 (BusinessWire) – The property development companies backing the Mackenzie Basin cubicle dairy farming proposals are gaming the resource consent application process by withdrawing from the government-ordered Board of Inquiry into its water … Read more »

Dunne: International Fiscal Association Conference

Speech – New Zealand Government

Last year when I was invited to address your annual conference, New Zealand was facing one of its greatest economic challenges since the great depression of the 1930s. Read more »

Productivity Commission needs proper purpose

Press Release – New Zealand Labour Party

Labour is calling on the government to better explain the role and purpose of the proposed Productivity Commission. Read more »

ZESPRI Supports New NZ Productivity Commission

Press Release – Zespri

ZESPRI International Limited says it is pleased about the creation of a new Productivity Commission, announced by the Minister of Finance and the Minister for Regulatory Reform today. Read more »

Chamber of Commerce Welcomes Commission

Press Release – Wellington Chamber Of Commerce

The Wellington Regional Chamber of Commerce has welcomed the government’s announcement of the establishment of a Productivity Commission. Read more »

Productivity Commission must work with workers

Press Release – EPMU

The Engineering, Printing and Manufacturing Union says National and ACT’s new Productivity Commission must include worker participation if it is to be taken seriously. Read more »

Govt raids departments to fund productivity body

Article – Businesswire

March 17 (BusinessWire) – The government has raided small programmes across 29 government agencies to fund a new, $5 million a year Productivity Commission. Read more »

Productivity Commission – a winning move

Press Release – Business New Zealand

New Zealand will be the winner in gaining a Productivity Commission, says Business NZ. Read more »

Otago Economic Analysis Highlights Strengths

Press Release – Dunedin City Council

Where, in Otago, is the most productive workforce? Which industry employs most people in the region, Tourism or Education and Research? What area of Otago employs the most people in the film industry? What is the region’s fastest growing industry … Read more »

Productivity Commission will focus on higher grow

Press Release – New Zealand Government

A new Productivity Commission will be set up early next year to help boost New Zealand’s economic performance across the public and private sectors, Finance Minister Bill English and Regulatory Reform Minister Rodney Hide said today. Read more »

Daily Economic Briefing: March 17, 2010

Press Release – JP Morgan

• If we are correct, one important takeaway from this week’s reports will be that core inflation is sliding in the advanced economies. This development represents more of a challenge to central banks than is commonly appreciated. The further inflation … Read more »

Port of Tauranga agrees to buy Tapper for $15M

Article – Businesswire

March 18 (BusinessWire) – Port of Tauranga agreed to buy Tapper Transport, which operates a freight hub and warehouse system adjacent to the port’s MetroPort site in south Auckland, for $15 million. Read more »

FX Daily Planet: Sydney/Asia Open

Press Release – JP Morgan

Risk markets are adding to overnight gains in the US session, with equities up 0.5% and the USD down against high beta. NZD is today’s top currency among the majors, up around 1% and rebounding sharply against other commodity currencies which it has … Read more »

While you were sleeping: Equities rally on rates

Article – Businesswire

March 18 (Business Wire) – Global stocks rallied, bolstered by the outlook for extended low interest rates in the U.S. and a producer price report overnight that confirmed inflation showed few signs of forcing the hands of central bankers for anytime soon. Read more »

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