
Bollard may hold to mid-year timing for OCR hike, start in April
Reserve Bank Governor Alan Bollard will probably wait until at least April before raising interest rates, though officially he may stick to his hinting at a mid-year hike this week.
Reserve Bank Governor Alan Bollard will probably wait until at least April before raising interest rates, though officially he may stick to his hinting at a mid-year hike this week.
The New Zealand dollar kept tumbling overnight, after yesterday's inflation news morning when data showed easing inflation pressures.
The number of jobs advertised in major Australian newspapers and online rose by 6 per cent in December, the strongest monthly growth since May 2007.
NZ's big four Australian-owned banks and the IRD have announced a settlement of their disputes over structured finance deals.
ANZ is keeping tight-lipped on whether it will make a tilt for a wealth management business.