Latest turmoil could hit local bank costs says BNZ
The US and European sovereign debt crises will likely push up the cost of funding for NZ banks, the head of the BNZ says.
The US and European sovereign debt crises will likely push up the cost of funding for NZ banks, the head of the BNZ says.
Big banks shout Treasury staff to meals and events with 'disturbing frequency'.
Here's proof of the pain everyone is feeling ... prices are rising at fastest.
GDP growth twice as strong as forecasters picked despite earthquake
A full-immersion experience in the world of fixed income ...
New Zealand's economy probably grew at the fastest pace in four quarters in the first three months of 2011, say economists.
Weak credit demand could curtail earnings growth for the big New Zealand banks, says credit rating agency Standard and Poor's.
New Zealand manufacturing rose in May to its highest level in almost a year amid signs record-high prices for the country's commodities are beginning to filter through to the wider economy.
Households at risk of slow wage growth combined with rising costs.