
Sorry kids of the 1980s, you're screwed
Report shows children born in the 1980s only have half the wealth those born a decade earlier did at the same age - and they are unlikely to catch up.
Report shows children born in the 1980s only have half the wealth those born a decade earlier did at the same age - and they are unlikely to catch up.
The Reserve Bank is expected to hold fire from cutting interest rates next week until it can get a better steer on the inflation outlook
A former member of the Reserve Bank's Monetary Policy Committee is questioning wide-spread expectations that interest rates will remain low.
COMMENT: Lowering cost of money and increasing the quantity of cash has become a tonic for every crisis but it doesn't restore an economy to robust health.
Governor Graeme Wheeler outlines why he doesn't see the need to take a slash and burn approach to interest rates.
A 2016 rate hike from the Fed is still under consideration, as the U.S. economy is close to meeting the central bank's goals.
Reserve Bank governor Graeme Wheeler might be wondering right now what he has to do to move the needle on retail interest rates or the dollar.
HSBC has slashed its two year fixed home loan rate to a 50 year record low 3.79 per cent
COMMENT: The Reserve Bank may be missing its target, but we shouldn't give up so easily just because it is hard to hit.
Higher fixed-term rates are not likely to deliver the funding boost that lenders are looking for, experts say.
COMMENT: Financial markets often don't do what we expect them to.
COMMENT: NZ's conservative approach leaves us vulnerable to low interest rates.
The Reserve Bank has delayed the start of changes to investor loan-to-value restrictions (LVRs) nationwide from 1 September to 1 October
The BNZ has followed in the footsteps of its Australian-owned rivals shaving a tiny fraction off its floating mortgage rate and boosting
COMMENT: There is little NZ can do about high dollar or inflation.
Reserve Bank Governor Graeme Wheeler talks to Liam Dann about the issues behind the rates cut decision.
Kiwibank is cutting 0.20 percentage points off its floating rate mortgages, while ANZ, ASB and Westpac will shave a smaller amount.
COMMENT: Reserve Bank is expected to lower its base interest rate again but the target range puts it under undue pressure.
We might not trouble the top of the Olympic medal table but when it comes to bond yields New Zealand is leading the pack.
EDITORIAL: This country has no need to lower its interest rates.
The Reserve Bank of Australia has cut its cash rate to 1.5 per cent, a fall of 25 basis points. In a statement, governor Glenn Stevens
New restrictions on property investors could see nationwide house sales fall as much as 25pc in a year, but the effects are likely to be temporary .
The Reserve Bank driven the exchange rate down after it signalled a likely cut in the cash rate next month and raised possibility of further reduction.
The Reserve Bank is trying to understand why inflation has undershot expectations over the past six years.
Prime Minister John Key has expressed further frustration about the Reserve Bank's response to rising house prices.
The US Federal Reserve has left its benchmark interest rate unchanged amid fresh doubts about the health of the U.S. job market and 'Brexit' fears.
Prime Minister John Key says he "potentially" supports income-related restrictions on mortgage lending.
One of the wildest ideas to hit the US Presidential campaign trail might become a reality sooner than you would think.