Latest fromFiscal Policy

Christchurch earthquake to prompt OCR cut, says ASB economist
An ASB Bank economist says she expects Reserve Bank governor Alan Bollard to cut the official cash rate by 50 basis points to 2.5 per cent in part due to the economic impact of the Christchurch earthquake.

Foreign investors keep piling into NZ govt debt
Foreign investors boosted their share of government debt on issue last month to just shy of $28b, as the Crown borrows $300m a week to maintain its spending programme.

World shares rally on good Portugal news
Equities in Europe and on Wall Street rallied after Portugal's successful bond sale eased concerns about the euro-zone's debt crisis.

<i>Brian Fallow:</i> Good news, bad news
If the good news is that the Reserve Bank expects rates to be lower for longer, the bad news is why it thinks that.

Eurozone future not bright, despite Irish rescue
Ireland's travails may be short-lived, but the eurozone's future is not looking good.

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.

NZ dollar eases ahead of QSBO, RBA meeting
The New Zealand dollar fell from a 10-month high as a pick-up in American housing data polished the appeal of the beaten-down greenback.