NZ dollar touches fresh five-year low on rate outlook

Article – BusinessDesk

NZ dollar touches fresh five-year low as traders price in more interest rate cuts Read more »

NZ above-average growth won’t stop RBNZ rush to cut rates

Article – BusinessDesk

NZ economic growth above OECD average won’t stop RBNZ rushing to cut rates again, economists say Read more »

Wheeler says inflation, commodities, kiwi key to rate track

Article – BusinessDesk

June 11 (BusinessDesk) – Reserve Bank governor Graeme Wheeler is watching a number of indicators including inflation signals, commodity prices and the falling currency in gauging whether to cut interest rates again. Read more »

UPDATE: RBNZ cuts OCR on weak dairy outlook

Article – BusinessDesk

June 11 (BusinessDesk) – The Reserve Bank cut the benchmark rate a quarter-point and signalled more may be on the way as the dairy sector’s weak outlook weighed on the nation’s terms of trade and threatened to delay an increase in inflation from … Read more »

Dairy doldrums keep Reserve Bank nervous

Article – BusinessDesk

June 11 (BusinessDesk) – A slow recovery in global milk prices that’s weighing on the local dairy sector is making the Reserve Bank nervous, with the prospect of another sub-standard season threatening New Zealand’s national income. Read more »

NZ house price growth to slow over coming years, RBNZ says

Article – BusinessDesk

June 11 (BusinessDesk) – The Reserve Bank expects house prices will rise at a slower pace in coming years as increased construction helps ease supply constraints, and measures to curb property investors take some of the heat out of the Auckland property … Read more »

RBNZ cuts OCR to 3.25%

Article – BusinessDesk

RBNZ cuts OCR to 3.25% as weak dairy outlook threatens protracted low inflation; kiwi drops Read more »

NZ dollar edges up as traders place bets ahead of RBNZ

Article – BusinessDesk

NZ dollar edges up as traders place bets ahead of Reserve Bank interest rate decision tomorrow Read more »

RBNZ may keep powder dry on rate cuts this week

Article – BusinessDesk

June 8 (BusinessDesk) – The odds of the Reserve Bank cutting interest rates this week are less than 50 percent, based on market pricing, but with economic indicators printing weaker since the bank’s April 30 review it is expected to explicitly signal … Read more »

RBA keeps key rate at record low 2% pending data

Article – BusinessDesk

June 2 (BusinessDesk) – The Reserve Bank of Australia kept the cash rate at a record low 2 percent, saying it was appropriate to leave policy unchanged while it assesses the impact of policy on sustainable economic growth. Read more »

Reserve Bank seeks deep-pocketed new owner for NZClear

Article – BusinessDesk

June 2 (BusinessDesk) – The Reserve Bank has called for expressions of interest to buy its NZClear security settlement and depository business, after a strategic review deemed it was not a core business for the bank and required significant investment. Read more »

Reserve Bank seeks buyer for NZClear

Press Release – Reserve Bank

The Reserve Bank today invited organisations to submit Expressions of Interest to acquire the NZClear security settlement and depository business. Read more »

A further blow for landlords and their tenants

Press Release – NZ Property Investors Federation

The rental property industry almost got through a week without a new regulation making it harder to provide tenants with homes, said Andrew King, Executive Officer of the NZ Property Investors Federation. However at ten to five on Friday afternoon, … Read more »

RBNZ will target property investment lending

Article – BusinessDesk

May 29 (BusinessDesk) – The Reserve Bank of New Zealand is pressing ahead with proposals to create a new asset class for lenders, which will let it target Auckland property investors as a means to take the heat out of the market in the country’s biggest … Read more »

Reserve Bank unlikely to cut OCR next month: Westpac

Article – BusinessDesk

Reserve Bank unlikely to cut OCR next month, line-ball on cut this year, Westpac says Read more »

NZ dollar falls after US inflation repport, Yellen speech

Article – BusinessDesk

May 25 (BusinessDesk) – The New Zealand fell as the US dollar strengthened following signs of rising US inflation and after Federal Reserve chair Janet Yellen said interest rates were on track to increase this year. Read more »

Reserve Bank will further enhance dialogue

Press Release – Reserve Bank

21 May 2015 Reserve Bank will further enhance dialogue The Reserve Bank has committed to further enhancing dialogue with its stakeholders, following its first external Stakeholder Engagement Survey. The Bank today released in its Bulletin the results … Read more »

New Zealand Weekly Economic & Political Update

Press Release – iPredict

The Official Cash Rate will be cut on 11 June and again by 10 December , according to the combined wisdom of the 8000+ registered traders on New Zealands predictions market, iPredict. Despite this, annual inflation is not expected to reach 2% until … Read more »

A Budget to Assist the Poorest

Press Release – Salvation Army

A people centred budget, which improves the plight of the poorest and most vulnerable Kiwis, is the expectation The Salvation Army has for Thursdays budget. Read more »

NZ inflation expectations creep higher in June survey

Article – BusinessDesk

May 19 (BusinessDesk) – New Zealand businesses lifted their expectations for inflation over the next two years, sapping any immediate pressure on the Reserve Bank to cut interest rates, and prompting the kiwi dollar to jump higher. Read more »

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