Latest fromMonetary Policy
How ignorance undermines the Reserve Bank
New research finds that many businesses in NZ do not have a clear understanding of inflation rates, much less the role of the central bank.
Kiwibank cuts mortgage rates again
State-owned bank now offering six-month rates of 5.19 per cent - and 4.59 per cent for a two-year term.
Reserve cuts rates, banks follow suit
Most economists expect the bank to now retain an easing bias, with some tipping the rate to drop to 2 per cent.
Dollar falls on OCR cut
The kiwi dollar has fallen by a full US cent this morning after the Reserve Bank cut the official cash rates to 2.75pc.
Dollar advances ahead of Reserve Bank decision
The New Zealand dollar has advanced ahead of the Reserve Bank's official cash rate announcement this morning.
ASB matches BNZ on 4.35pc mortgage rate
The mortgage rate war is heating up ahead of a widely tipped rates cut on Thursday, with ASB now matching the 4.35pc rate BNZ unveiled last week.
Dollar falls as traders focus on likely RBNZ rate cut
Traders have put 78 per cent odds of Reserve Bank governor Graeme Wheeler cutting the official cash rate.
Rate cut certain - how low will banks go?
The Reserve Bank is expected to cut interest rates this week, fueling belief that banks will follow suit and cut mortgage rates.
NZ dollar declines on US labour market data
The NZ dollar declined after US labour market data left open the possibility of US interest rate hikes this month.
Onion thieves strike amid inflation war
Prices of onion - a staple in diets of India nationals - have almost doubled since July, leading to a series of widely-reported heists in recent weeks.
First shot in mortgage rates war?
BNZ reduces one-year fixed rate to 4.35 per cent ahead of Reserve Bank's expected announcement that OCR will be cut.
Wall St up as Apple, Microsoft offer value
Wall Street rose overnight, recovering part of the previous day's selloff as investors found value in some shares.
NZ stocks fall amid global volatility
The NZX 50 closed down 1.2 per cent at 5590.2 yesterday following a plunge on Wall Street overnight that saw the S&P 500 index fall almost 3 per cent.
NZX takes hit after Wall St slide
NZ shares are being pummelled this morning after Wall St fell on renewed China fears.
Dollar declines as investors exit higher risk trades
The dollar fell after weak Chinese factory data yesterday raised concerns about a slowdown in Asia's largest economy.
Big Wall St slide on more China fears
Wall St followed the slide of equities in Europe and Asia overnight, amid mounting fears about the slowing pace of Chinese growth.
Dollar drops as high yielding currencies sold
Investors are selling currencies such as the kiwi as they unwind so called 'carry trades'.
Wall St down as defensive positioning rules
Wall St was down overnight as Fed officials left the door open for an interest rate hike this month.
Building consents hit 10-year high
Last month saw the highest number of new dwellings consented in a month since March 2005.
NZ dollar slips as US dollar strengthens
The USD strengthened after Fed Reserve officials signalled the US central bank is on track for a potential rate hike next month.
Dollar lifts with other commodity-linked currencies
The dollar edged up with gains limited by a stronger US dollar buoyed by better economic data.
Asia should call truce on currency war
Asian policy-makers need to understand that currency devaluations aren't a cure-all, writes Bloomberg columnist William Pesek.