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Latest fromBank of New Zealand
Dollar stays high as traders bet Bollard will hike sooner
Allan Bollard reiterates the OCR will remain "at or below the current level through until the latter part of 2010."
Bollard: No rates hike till late 2010
The strong kiwi dollar is a threat to a sustained recovery, says Reserve Bank Governor Alan Bollard, while keeping rates steady.
Bollard leaves interest rate steady at 2.5pc
The Reserve Bank has done what most market watchers were expecting this morning and left the official interest rate unchanged at 2.5 per cent.
BNZ reports $183 million loss
Bank of New Zealand has reported a $183 million bottom line loss in the nine months to June 30.
Two sides to the broker's coin
As the property market shows signs of rejuvenation, banks are loosening the purse strings.