![Agriculture in hock for $70 billion and vulnerable](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Agriculture in hock for $70 billion and vulnerable
Dairy debt stress eases but no time for in-hock agriculture to relax, says Reserve Bank.
Dairy debt stress eases but no time for in-hock agriculture to relax, says Reserve Bank.
Some movement on LVR restrictions is tipped in the Reserve Bank's update on Wednesday.
The OCR was kept at record low of 1.75% this morning, as expected by almost all economists
Shane Jones wants banks to stop doing an "Aussie Haka" and pay $100m in an annual levy.
Westpac CEO David McLean says the bank conduct report is a wake-up call for the industry.
COMMENT: Reserve Bank and FMA deliver a balanced review with breathing space for banks.
Banks make big money, but their returns aren't so high compared to other listed companies.
COMMENT: Think before you spend.
Grant Robertson welcomed the views, saying now is the right time for a change
A report on the conduct of NZ banks is due out next month.
Banking in regional New Zealand was front and centre at NZ First's national conference
The Reserve Bank of New Zealand has kept the Offical Cash Rate at 1.75 per cent.
COMMENT: Our households are more indebted than those in Spain, Greece and Italy.
The economy looks to have "sparkled" over the second quarter.
The New Zealand dollar dropped to a new two-and-a-half year low.
The survey is the final set of data economists will use to firm up latest GDP forecasts.
Reserve Bank governor Adrian Orr urges New Zealanders to look at the bigger picture.
This will make Kiwibuild more accessible to families who have struggled to save 10 pct.
COMMENT: Should the Reserve Bank Governor be sharing his views on social responsibility?
Fixed mortgage rates are heading lower, Westpac's Dominick Stephens says.
Can the lower kiwi dollar and good commodity prices give the economy a much needed boost?
COMMENT: Our obsession with property has not diminished.
But this won't be a free-for-all, as Reserve Bank restrictions still apply.
An initial list of nominees for Kiwibank's New Zealander of the Year has been released.
As much as it might hurt in the short term - a lower dollar is good for us all.
Economist says price drop could happen but a decrease was unlikely in current climate.
Grant Robertson says that New Zealand's economic foundations are strong.
The Kiwibank regional scorecard rates this region as a top performer.
Some attempts looked like a person had used a glad wrap roll and some colouring pens.
The Reserve Bank has looked at offering a digital currency.