Wheeler warns against credit growth (+video)
Reserve Bank governor Graeme Wheeler has warned excessive credit growth may trip up New Zealand's economic rebalancing and has singled out agricultural debt as being uncomfortably high.
Reserve Bank governor Graeme Wheeler has warned excessive credit growth may trip up New Zealand's economic rebalancing and has singled out agricultural debt as being uncomfortably high.
John Key says the Greens' call for the Reserve Bank to print more money in a bid to devalue the dollar is "pretty wacky'' and could create a financial crisis.
National says the Greens' call for the Reserve Bank to print money in a bid to devalue the dollar is a "snake-oil solution" but it has backing from Labour.
Heresy is, unfortunately, becoming common in central banking. The world's most important central banks are printing money like there's no tomorrow. Bernard Hickey looks into it.
Brian Falllow ponders what can be done about the high kiwi dollar. And would changing the Reserve Bank's statutory mandate do any good?
The steady life in sales and prices started in the central Auckland suburbs over a year ago and has now spread across the new supercity. But as Bruce Morris reports, it's still tough going out in the provinces.
Former World Bank operations director, Kiwi born Graeme Wheeler will be the new Reserve Bank Governor from September.
The BNZ-REINZ Residential Market Survey for May shows record highs in the net percentage of real estate agents who see prices rising.
Latest property stats show the number of sales eased in April, with prices down slightly from the month before.