Latest fromFiscal Policy
Fed must spend up to stop markets going into tailspin
Central bankers would like to be able to get back to business as usual.
NZ has fourth lowest GST rate in OECD: survey
New Zealand has one of the lowest GST rates in the OECD, despite households now being charged at a higher rate than before.
Govt claims credit for six-year inflation low
The Government is claiming credit for low price rises, saying people have more money in their pockets on the back on low inflation and increasing wages.
Annual inflation 1.5pc, lowest since 2004
Latest inflation stats show a 1.1pc rise in the CPI for the September quarter, which means an annual inflation rate of 1.5pc.
Tame inflation may show high dollar is doing Bollard's work
New Zealand probably recorded the tamest inflation in a decade in the third quarter, helped by a tepid economy and a rapidly appreciating currency.
Earthquake means no OCR hike till 2011, says economist
The Christchurch earthquake means the Reserve Bank is now unlikely to raise the Official Cash Rate (OCR) again until next year, ASB economists say.