Exporters' hopes hit by bounce
The export sector's hopes for a lower exchange rate were dashed yesterday.
The export sector's hopes for a lower exchange rate were dashed yesterday.
COMMENT: Despite a 0.25 cash rate cut to a record low of 2 per cent, our dollar shot up almost one US cent this morning.
Labour has called for an urgent review of monetary policy - saying the reaction to today's rates cut shows change is needed.
The kiwi dollar tops 72 US cents ahead of the interest rate call by Reserve Bank governor Graeme Wheeler
COMMENT: Auckland's housing bubble has spread to Tauranga and Hamilton: it's time to act
Labour housing spokesman Phil Twyford has called for a bank lending loophole to be closed, saying it is accidentally capturing people
COMMENT: Reserve Bank is expected to lower its base interest rate again but the target range puts it under undue pressure.
We might not trouble the top of the Olympic medal table but when it comes to bond yields New Zealand is leading the pack.
EDITORIAL: This country has no need to lower its interest rates.
A slice of Kiwi history could be yours, although it'll cost you at least $41,500 ... and possibly much more.
Challenges facing the dairy industry are taking their toll on farmers, Federated Farmers West Coast provincial president Peter Langford says.
New lending restrictions for property investors will make it harder for small-business owners to access capital.
COMMENT: Real danger is house prices, not low inflation.
Making investors stump up a deposit of nearly $400,000 for the average Auckland home is expected to dampen house price inflation by up to 5 per cent.
Labour and the Greens say the new lending rules won't be enough to slow rapid property price hikes.
Bill English has blamed house price inflation on Auckland planning rules, which have prevented the city from growing out.
COMMENT: The Auckland housing market is planned chaos. We have Government intervention upon intervention.
The Reserve Bank has told the Government to review immigration policy in a bid to stem rising house prices.
A call by a former Reserve Bank chief economist to flood Auckland with new houses is "crazy", says Prime Minister John Key.
The NZ dollar is heading for a 1.4 per cent weekly gain on a trade-weighted basis.
Former Reserve Bank chairman calls on Government and Council to enact policies to "collapse" the city's house prices.
Housing was listed as an issue in both the monetary policy and financial stability section of the statement.
COMMENT: At a meeting in Zurich on Saturday central bank governors from around the world pledged to support financial markets to avoid Brexit contagion.
COMMENT: Here's why the Reserve Bank has made the right move this morning.
Market prices are in 75 per cent likelihood of no OCR cut with domestic economy is solid and global outlook is improving.
The Government has begun discussions with the Reserve Bank about income-related restrictions on mortgage lending, Finance Minister Bill English has confirmed.
Soaring house prices spurred by Auckland's rampant real estate market is one of the most pressing problems facing John Key ahead of Thursday's Budget.
Watch: Economy Hub: Does the PM's promise of $3b in tax cuts threatens to make next week's budget "obsolete".
New Zealand inflation expectations rose slightly in the Reserve Bank's latest quarterly survey, after the previous survey's surprisingly weak outcome.