Rising housing pressures pose risk to NZ financial stability

Article – BusinessDesk

May 8 (BusinessDesk) Increasing pressure in a housing market where supply is failing to meet demand is posing a growing risk to New Zealands financial stability, according to the Reserve Bank. Read more »

NZ dollar climbs to 4-year high vs. Aust as RBA cuts rates

Article – BusinessDesk

NZ dollar climbs to four-year high vs. Aust after RBA cuts rates By Paul McBeth Read more »

RBA cuts key rate to 2.75%, narrowing gap with NZ

Article – Businesswire

May 7 (BusinessDesk) – The Reserve Bank of Australia cut its key interest rate to within 25 basis points of New Zealands benchmark, sending the kiwi higher against the Australian dollar, as inflation tracks lower than the central bank expected and … Read more »

NZ dollar holds at week-high after US jobs stoke optimism

Article – Businesswire

May 6 (BusinessDesk) The New Zealand dollar held at a week-high against the greenback after figures showed the US added more jobs in April and in previous months, helping lift stocks on Wall Street, commodity prices and growth-linked currencies such as … Read more »

NZ dollar climbs against euro after ECB cuts rates to 0.5%

Article – BusinessDesk

May 3 (BusinessDesk) The New Zealand dollar rose against the euro after the European Central Bank cut its deposit rate as expected and left the door open to imposing negative deposit rates. Read more »

NZ dollar holds near 2-week high before China PMI, FOMC, ECB

Article – BusinessDesk

May 1 (BusinessDesk) The New Zealand dollar held near a two-week high before the release of Chinas manufacturing PMI which will provide fresh clues to the pace of economic growth for the nations biggest trading partner. Read more »

Moody’s Analytics questions use of inflation targeting

Article – BusinessDesk

April 24 (BusinessDesk) – New Zealand’s inflation is so well and truly beaten the Reserve Bank of New Zealand should consider adding an economic growth component to the way it conducts monetary policy, says Moody’s Analytics, an offshoot of Moody’s … Read more »

OCR unchanged at 2.5 percent

Press Release – Reserve Bank

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent. Read more »

NZ dollar, swap rates rise after Wheeler holds back rhetoric

Article – BusinessDesk

April 24 (BusinessDesk) – The New Zealand dollar rose as much as 0.7 percent against the greenback after Reserve Bank governor Graeme Wheeler backed off from talking down the currency at today’s monetary policy review where he kept the benchmark rate … Read more »

RBNZ keeps OCR at 2.5%, sees tame inflation, too-high dollar

Article – BusinessDesk

RBNZ’s Wheeler keeps OCR at 2.5 percent, brushes off weak inflation and points to high dollar Read more »

Treasury Secretary at IMF, World Bank on poverty, prosperity

Press Release – New Zealand Treasury

Treasury Secretary Gabriel Makhlouf spoke in support of the World Bank Groups twin goals of eliminating extreme poverty and boosting shared prosperity at a meeting of the Development Committee of the World Bank and International Monetary Fund this … Read more »

NZ Dollar Outlook: Kiwi may fall this week as growth dims

Article – BusinessDesk

NZ Dollar Outlook: Kiwi may fall this week as global growth dims, long bets wrong-footed Read more »

NZ dollar falls amid doubts about pace of global growth

Article – BusinessDesk

April 22 (BusinessDesk) The New Zealand dollar fell against most of its trading peers amid concern the US and Chinese economies may be stumbling, weighing on growth assets such as equities, the kiwi and Australian dollars. Read more »

Dilemma for RBNZ as kiwi stays high, housing market heats up

Article – BusinessDesk

April 21 (BusinessDesk) The Reserve Bank will keep interest rates unchanged this week, though it may use the six-weekly review to highlight the conflicts of a high currency keeping prices in check and a housing market thats threatening to stoke … Read more »

Finance Minister challenged to explain comments

Press Release – Democrats for Social Credit

Democrats for Social Credit Leader Stephnie de Ruyter today challenged Finance Minister Bill English to explain why the money printing that takes place every day by the privately owned commercial banks is ok, but money printing by the publicly owned … Read more »

Why is National leaving savers vulnerable?

Press Release – Green Party

11 April 2013 Why is National leaving savers vulnerable? New information released by the Green Party today shows that New Zealand is one of only two countries in the OECD that does not protect bank savers deposits with insurance. Read more »

NZD TWI at post float high

Press Release – CMC Markets

NZD TWI at post float high By Andrew May (Sales Trader, CMC Markets New Zealand) Read more »

Dollar’s post-float high costing Kiwis jobs

Press Release – New Zealand Labour Party

David PARKER Spokesperson for Finance 9 April 2013 MEDIA STATEMENT Dollars post-float high costing Kiwis jobs Read more »

Reserve Bank watching heat in housing market

Article – BusinessDesk

April 8 (BusinessDesk) The Reserve Bank of New Zealand would raise interest rates if there were signs that an overheated housing market in Auckland and Christchurch was spilling over into broader inflation pressures and consumer spending, says Deputy … Read more »

Christchurch Businessmen’s Club: Manufacturing Matters

Speech – New Zealand First Party

This Christchurch Businessmens Club has a long and distinguished history and I appreciate the invitation to be here with you today. The topic I want to cover is the Manufacturing Sector. In particular, I want to look at why manufacturing is so … Read more »

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