
Reserve Bank boss cools talk of rate cut
Reserve Bank governor Graeme Wheeler has hosed down speculation he is minded to cut the official cash rate any time soon, say economists.
Reserve Bank governor Graeme Wheeler has hosed down speculation he is minded to cut the official cash rate any time soon, say economists.
Reserve Bank governor Graeme Wheeler today raised the risk of a "sharp correction" in the Auckland housing market.
Despite the US government announcement that the economy grew at a slower-than-expected pace in the fourth quarter of 2014, the boom is still very much alive.
Auckland homeowners are finding themselves unable to sell, because they can't find another place to buy due to a listings drought.
Auckland house values rose at almost twice the rate of the rest of New Zealand, up 9.8 per cent or $68,309 in the last year.
Bigger is better? Not when it comes to the price we're putting on selling smaller homes, according to new figures out from Trade Me.
The NZ economy may be in its first six-month period of deflation in more than a decade, in the face of weak crude oil prices says the BNZ.
The Kiwi dollar rose to a 21-month high against the euro after data showed the Eurozone slipped into deflation.
The NZ dollar has hit a fresh post-float high against the Aussie dollar - touching 96.22 Australian cents. Why is it doing so well?
The New Zealand dollar rose to its highest against the Australian dollar since the Aussie was floated in 1983.