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 »

NZ dollar declines amid US optimism, local rate outlook

Article – BusinessDesk

May 19 (BusinessDesk) – The New Zealand dollar declined as the greenback strengthened on optimism the US economy will rebound after a weak first quarter, and as the kiwi is weighed down by expectations local interest rates will fall. Read more »

RBNZ house alert speech the catalyst for government action

Article – BusinessDesk

May 18 (BusinessDesk) – Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for concerted action on rampant Auckland house prices was one of the main catalysts for the government’s weekend announcements about tightly … Read more »

John Key selective with facts on capital gains tax advice

Press Release – Green Party

Both the IRD and the Treasury have produced previous advice supporting a capital gains tax, including advice about bright line tests advice that conflicts with John Keys statement today that Nationals about-face on a capital gains tax … Read more »

NZ dollar falls as govt move on housing seen to free up RBNZ

Article – BusinessDesk

NZ dollar falls as govt move on housing market seen to free up RBNZ for rate cuts Read more »

Q+A: Peters: Change Reserve Bank Act

Press Release – TVNZ

Peters: Change Reserve Bank Act New Zealand First leader Winston Peters told TV Ones Q+A programme that his top priority ahead of the Budget would be to change the Reserve Bank Act. WINSTON Number one, Id change the Reserve Bank Act to reflect … Read more »

RBNZ’s new loan restrictions postive for banks’ books: Fitch

Article – BusinessDesk

May 14 (BusinessDesk) – The Reserve Bank’s plans to rein in mortgage loans to Auckland property investors should help support lenders’ balance sheets and insulate them from a sudden downturn, Fitch Ratings says. Read more »

Andrew Little’s Pre-Budget Speech

Press Release – New Zealand Labour Party

Only on rare occasions does a single budget have a profound effect on the economy, and on peoples lives. Read more »

Reserve Bank’s dairy warning must be heeded

Press Release – New Zealand Labour Party

The Reserve Banks warning that the overreliance on the dairy sector is a threat to the wider economy as well as many farmers futures must not be another smoke signal ignored by National, Opposition Leader Andrew Little says. The Reserve … Read more »

REINZ Acknowledges Reserve Bank Action On Auckland

Press Release – REINZ

REINZ is pleased by todays announcement by the Reserve Bank of New Zealand to differentiate between the Auckland real estate market and the rest of the country, with the decision to relax LVR restrictions on first home buyers outside of the Auckland … Read more »

NZ dollar drops after RBNZ’s Wheeler talks down kiwi

Article – BusinessDesk

May 13 (BusinessDesk) – The New Zealand dollar weakened after Reserve Bank governor Graeme Wheeler reiterated that he still considered the currency “unjustified and unsustainable”, key criteria for intervention. Read more »

New LVR restrictions on Auckland housing

Press Release – Reserve Bank

New Zealands financial system is sound and operating effectively, but faces significant risks, Reserve Bank Governor, Graeme Wheeler, said today when releasing the Banks May Financial Stability Report . Read more »

« Previous PageNext Page »