![Australian investments looking cheaper](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Australian investments looking cheaper
It may not be at parity yet with the aussie, but a stronger Kiwi dollar will favour increased New Zealand investment across the Tasman.
It may not be at parity yet with the aussie, but a stronger Kiwi dollar will favour increased New Zealand investment across the Tasman.
The New Zealand dollar fell against the Australian currency yesterday after the Reserve Bank across the Tasman kept its cash rate unchanged.
The NZ dollar fell by almost A1c against the Aussie dollar after the Reserve Bank of Australia opted to leave its cash rate unchanged, falling short of parity.
"March is always the most active month for property sales, but there has never been a month's trading to compare with the past month," Barfoot and Thompson said.
The Kiwi dollar could equal the Australian dollar in value today, with some saying it's just one more index of disparity to dissolve between the two countries.
The Australian Government has announced that it will be involved in negotiations to set up the Asian Infrastructure Investment Bank. Almost certainly, New Zealand will join.
Australians are admitting that New Zealand is now the place to be as its residents cross the Tasman to find a home here.
Chaos theory calls it the butterfly effect. It's the idea that a butterfly flapping its wings in the Amazon could cause a tornado in Texas, Bernard Hickey writes.
Coal prices have dropped 33pc to levels that have made most mining companies across the Appalachia region unprofitable.
The NZ dollar has risen to a new post-float high against the Australian dollar - the closest it has come to parity since being allowed to trade freely in 1984.
Dairy product prices declined in the latest GlobalDairyTrade auction, led by a slump in prices for butter milk powder and whole milk powder.
Economics editor Brian Fallow asks if the Reserve Bank's inflation target should be changed.
The New Zealand dollar continues its almost daily flirtation with Aussie dollar parity, reaching another record high on the cross rate as expectations began to mount that the Reserve Bank of Australia would soon cut its official interest rate for the seco
Aucklanders are spending the equivalent of almost 12 working days sitting in traffic each year, and the gridlock only appears to be getting worse.
Mortgage payments for Auckland's most affordable homes are costing first-time buyers nearly half their take-home pay each week, a new report shows.
Business is in good heart, ANZ's latest monthly survey of sentiment has found.
The New Zealand dollar rose to a record against the Australian dollar on speculation the Reserve Bank of Australia will cut interest rates again.
Teachers looking for a job should head to Wellington, according to Seek's latest Labour Market Report.
Rationalisation of the New Zealand meat industry could take place through collaboration in processing and freight, rather than through mergers and acquisitions, says Silver Fern Farms chairman Rob Hewett.
The Prime Minister was quick to "rip up" the Government's intended reform of the Resource Management Act after the Northland byelection. Suspiciously quick.