RBNZ Observer: On hold, with a longer pause now expected

Press Release – HSBC Bank

– Having delivered 100bp of hikes and with dairy prices falling, the RBNZ is expected to hold steady next week – Timely indicators of business and consumer sentiment have stepped back from high levels, although inward migration remains strong and the Canterbury … Read more »

NZ dollar rises on optimism about Ukraine ceasefire

Article – BusinessDesk

Sep. 4 (BusinessDesk) – The New Zealand dollar advanced on optimism a ceasefire could be agreed in Ukraine, improving the outlook for global growth and increasing the allure of riskier currencies. Read more »

Australian dollar above ‘fundamental value’, RBA says

Article – BusinessDesk

Sept. 2 (BusinessDesk) – The Reserve Bank of Australia strengthened its language on the Australian dollar, saying the currency was high relative to fundamental value, while at the same time sounding more upbeat about the local economy. Read more »

NZ dollar buoyed by Fonterra plans to expand capacity

Article – BusinessDesk

Aug. 28 (BusinessDesk) – The New Zealand dollar rose after Fonterra Cooperative Group yesterday said it would maintain its milk price forecast, expand its local processing capacity and form a partnership to help sell its products in China, New Zealand’s … Read more »

NZ food prices fall in July, cementing expectations on rates

Article – BusinessDesk

NZ food prices fall in July, cementing expectations interest rates are on hold till 2015 Read more »

NZ dollar falls as expectations for rate hikes ease

Article – BusinessDesk

Aug. 27 (BusinessDesk) – The New Zealand dollar weakened overnight, weighed down by a rising US dollar and changing expectations for Reserve Bank interest rate rises. Read more »

High LVR lending slips to 6.5% of new mortgages in July

Article – BusinessDesk

High LVR lending slips to 6.5% of new mortgages in July, RBNZ data shows Read more »

NZ dollar falls as Yellen helps lift greenback

Article – BusinessDesk

Aug. 25 (BusinessDesk) – The New Zealand dollar fell after Federal Reserve chair Janet Yellen gave a more hawkish view of the US economy and tensions rose over Ukraine, sapping risk appetite. The kiwi extended its slide amid talk the central bank may … Read more »

NZ dollar’s drop stokes talk of intervention

Article – BusinessDesk

Aug. 25 (BusinessDesk) – The New Zealand dollar dropped sharply in mid morning trade on Monday, shedding half a US cent in about five minutes and prompting speculation of Reserve Bank intervention. Read more »

NZ dollar weakens as Fed’s Yellen less dovish than expected

Article – BusinessDesk

Aug. 25 (BusinessDesk) – The New Zealand dollar weakened on US dollar strength after Federal Reserve chair Janet Yellen was less dovish than expected in her speech to an annual gathering of world central bankers at Jackson Hole, Wyoming. Read more »

Digital Currency on the Drawing Board

Press Release – Internet Party

Government policies and digital currency ideas and issues will come together at three public workshops next week. Read more »

High dollar, hands-off Govt sends workers to dole queue

Press Release – New Zealand Labour Party

The loss of up to 100 jobs at Croxley stationery in Auckland is devastating news for their families and the local Avondale community, Labours Employment, Skills and Training spokesperson Grant Robertson says. Read more »

100 jobs lost at Croxley as high Kiwi dollar keeps hurting

Press Release – Engineering Printing and Manufacturing Union

One hundred jobs will be lost at Croxley Stationery in Auckland, which is being forced to close by the high dollar and ongoing crisis in New Zealand manufacturing. Read more »

NZ dollar falls as greenback rises amid weak dairy, rates

Article – BusinessDesk

NZ dollar falls as greenback rises; weak dairy, pause in rate hikes weigh on sentiment Read more »

NZ dollar break below 90.50 Aust cts ahead of dairy auction

Article – BusinessDesk

Aug. 19 (BusinessDesk) – The New Zealand dollar fell below a key support level against the Australian dollar and weakened against the greenback as traders took advantage of weaker producer prices and government economic forecasts to sell the kiwi ahead … Read more »

NZ inflation expectations dwindle as shine taken off economy

Article – BusinessDesk

Aug. 19 (BusinessDesk) – New Zealand businesses see a tamer track for inflation over the next two years as they trim their expectations for economic growth, suggesting the central bank doesn’t have to rush to raise interest rates again. Read more »

NZ dollar gains vs. British pound on lower BoE wage forecast

Article – BusinessDesk

NZ dollar gains vs. British pound as lower BoE wage forecast pulls back rate bets Read more »

Provinces suffer from LVR restrictions

Press Release – Harcourts

Around the country our provincial sales are showing very clearly the negative effect loan-to-value restrictions have had in these fragile markets. Read more »

New Zealand economics comment: More than just milk

Press Release – HSBC Bank

Falling dairy prices have created some doubts about the robustness of New Zealands economic boom. But it is worth keeping in mind that dairy is only one part of the economys recent growth story. Growth has also been driven by the post-earthquake … Read more »

Mixed signals, strong sales – 8 August

Press Release – Manufacturers and Exporters Association

The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during July 2014, shows total sales in June 2014 increased 28.38% (year on year export sales increased by 30.45% with domestic sales increasing … Read more »

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