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![Interest rates rise may be a year away](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Interest rates rise may be a year away
The Reserve Bank is not expected to increase interest rates for the rest of this year.
![Institute slashes NZ growth forecast](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Institute slashes NZ growth forecast
NZIER says a rapidly worsening global economy will depress New Zealand's fledgling recovery and keep interest rates on hold until 2013.
![Auckland to lead house price growth, says ASB survey](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Auckland to lead house price growth, says ASB survey
ASB Bank expects house prices nationwide to grow by around 3 per cent over the coming year, with Auckland even stronger.
![ANZ reveal record $1b profit](/pf/resources/images/placeholders/placeholder_l.png?d=793)
ANZ reveal record $1b profit
ANZ Bank has reported a 25 per cent rise in annual profit in New Zealand, beating the $1 billion barrier with the help of a 59 per cent fall in bad debts.
![Westpac posts 41pc rise in cash earnings](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Westpac posts 41pc rise in cash earnings
Westpac New Zealand has posted a 41 per cent rise in annual cash earnings after a big drop in impairment charges as rise in income as net interest margins rose.
![Wages up, but private sector lags](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Wages up, but private sector lags
Wage increases accelerated in the last quarter, but is still soft enough to keep the Reserve Bank from hiking interest rates anytime soon. The labour cost index rose 0.6 percent in the last...
![Bernard Hickey: What did double-downgrade day really mean?](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bernard Hickey: What did double-downgrade day really mean?
Now the dust has settled on 'Double-Downgrade Day', it's worth looking at what it all means.
![Greek woes may affect NZ credit access - Bollard](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Greek woes may affect NZ credit access - Bollard
Greece's sovereign debt woes could end up affecting New Zealand's access to credit and slowing down the country's economic growth, says Alan Bollard.