
NZ economy tipped to have grown quickly this year
New Zealand's economy probably grew at the fastest pace in four quarters in the first three months of 2011, say economists.
New Zealand's economy probably grew at the fastest pace in four quarters in the first three months of 2011, say economists.
The New Zealand dollar rose as high as 82.97 US cents in New York overnight, the highest level since the currency...
Alan Bollard has given a pretty clear signal he expects to start raising interest rates before...
A soaring debut by LinkedIn contrasted with a drop in semiconductor stocks including Intel as data on US home sales and manufacturing fell short of expectations.
More insurance companies may require bailouts as a result of the Christchurch earthquakes.
New Zealand house prices appear to be overvalued by up to 25 per cent, the International Monetary Fund says.
As the markets try to divine how long "some time" is, the nuances of the statement are relatively upbeat.
Reserve Bank governor Alan Bollard has held interest rates steady at 2.5pc and says there's no need to raise them any time soon.
A new affordability report shows lower interest rates and house prices made it easier for first-home buyers to get into the market.