![GDP up 0.2pc - better than expected](/pf/resources/images/placeholders/placeholder_l.png?d=793)
GDP up 0.2pc - better than expected
The economy grew faster than expected in the second three months of the year, as engineering and architecture expansion offset drought impacts.
The economy grew faster than expected in the second three months of the year, as engineering and architecture expansion offset drought impacts.
A surprise decision from the Federal Reserve has pushed Wall St up to new highs.
When Lehman Brothers collapsed and the United States' financial system went from unstable to critical, New Zealand was already in recession.
Export commodity prices rose 0.7 per cent last month in both world price and New Zealand dollar terms.
The Reserve Bank of Australia is likely to keep the cash rate on hold this week as it awaits the outcome of the federal election and allows the August rate cut to work.
Prospective home buyers have been rushing to get pre-approval for loans with less than a 20 per cent deposit before new regulations are brought in.