![Liam Dann: Where the kiwi dollar is going from here](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Liam Dann: Where the kiwi dollar is going from here
Liam Dann writes: so is this it for the high Kiwi dollar? Has it finally peaked?
Liam Dann writes: so is this it for the high Kiwi dollar? Has it finally peaked?
Banks are once again wooing first-home buyers to apply for a mortgage, even if they do not have a 20 per cent deposit.
The New Zealand dollar has reached its tipping point and looks to be heading lower after the Reserve Bank fired a warning shot across the bows of the market this week.
Home loan affordability across the country increased in June - albeit only slightly - a new report has found.
The Reserve Bank raised its official cash rate to 3.5pc yesterday, but said it would now remain on hold for "a period of assessment".
The New Zealand dollar dropped to a six-week low today after Reserve Bank governor Graeme Wheeler called the kiwi's strength "unjustified."
The Reserve Bank governor Graeme Wheeler has raised the official cash rate as expected - leading the kiwi dollar to instantly take a tumble.
NZIER's monetary policy shadow board thinks the Reserve Bank should raise the official cash rate to 3.5 per cent tomorrow, but it is a line ball call.
With a fourth successive increase in the official cash rate on Thursday widely expected, the focus will be on what the brief accompanying statement indicates.
Economists still expect the Reserve Bank to raise its official cash rate to 3.5 per cent next week.
China Construction Bank has been licensed by the Reserve Bank, making it the country's 24th registered lender.
The Reserve Bank has revised up its estimate of the economy's potential or non-inflationary growth rate next year, but it is still shy of the levels prevailing between the mid-90s and mid-2000s.
New Zealand business confidence slid this month and rising interest rates have been fingered as the culprit.
It's all eyes on the dollar this week after the effervescent kiwi fizzed to within half a cent of a record high by 5pm Friday, writes Liam Dann.
Australia is forecast to be among the fastest-growing economies this year, making it harder for the central bank to convince currency investors it won't raise interest rates.
IAG has been given the final regulator's tick to buy Wesfarmers' Lumley general insurance unit, adding to the dominance of NZ’s biggest general insurer.
Propelled by the construction sector, the economy kept expanding at a brisk clip in the March quarter.
Another increase in the official cash rate on July 24, to 3.5 per cent, is more likely than not.
The Reserve Bank has just lifted the Official Cash Rate by 25 basis points to 3.25 per cent.
Should you cut your KiwiSaver contributions and divert the money into paying for higher mortgage costs? Money Editor Tamsyn Parker weighs up the options.
It will be no surprise at all if the Reserve Bank raises the official cash rate again on Thursday to 3.25 per cent
Financial Markets Authority chief executive Rob Everett has yet to be inducted into the club, writes Fran O'Sullivan. That's why he brings a refreshing outsider's view to the task of being New Zealand's markets watchdog.
New Zealand business confidence extended its slide from a record high to a third month, in the face of rising interest rates, declining dairy prices and a persistently high kiwi dollar.
The number of people buying homes with a deposit of less than 20 per cent is rising for the first time since the new mortgage-lending limits were introduced.
Consumer confidence fell to a seven-month low as two interest rate hikes and expectations for slower economic growth later this year sapped people's optimism.
A capital gains tax would reduce the price it is rational for an investor to pay for a property by as much as 23 per cent, Westpac economists say.
The Reserve Bank is indicating the removal of restrictions on high loan-to-value home loans may be gradual rather than a now-you-see-it, now-you-don't affair.