
Dollar plunges to 7-month low
The Kiwi dollar dropped to a seven-month low after the US Fed raised its expectation for the level of interest rates by the end of next year.
The Kiwi dollar dropped to a seven-month low after the US Fed raised its expectation for the level of interest rates by the end of next year.
There are minefield of promises across the parties when it comes to KiwiSaver and superannuation. Money editor Tamsyn Parker takes a look.
The dollar held below 82 US cents overnight after the Reserve Bank yesterday reiterated that is too high and signalled interest rates would remain on hold.
What should an inflation-targeting central bank do when inflation is proving unexpectedly slow to make an appearance?
In an effort to lower rates and weaken the currency, Labour is pledging to broaden the RBNZ's policy goal by re-writing its main objective.
The Reserve Bank still sees interest rate increases in our future but fewer and further between than it foreshadowed three months ago, writes Brian Fallow.
Interest rates have been held at 3.5pc as Graeme Wheeler signals he won't be as aggressive with future hikes.
The NZ dollar rose to a six-week high against the euro after the European Central Bank unexpectedly cut its three key interest rates.
Equities advanced in Europe after the European Central Bank lowered three key interest rates and announced plans to start buying assets next month
QV has released latest house value data showing big rises nationally and in Auckland but growth rates are slowing.