Wednesday , May 23 2018
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Australia’s response to financial system inquiry, making banks hold more capital, could drive up NZ interest rates


By Jonathan Underhill Oct. 22 (BusinessDesk) – The Australian government’s response to the financial system inquiry could drive up interest rates at New Zealand’s biggest lenders as their Australian parent banks seek higher returns because of the requirement that they hold more capital. The Australian Federal Government has largely accepted …

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Best on Twitter: Trans-Pacific Partnership deal

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The announcement came through overnight that trade officials from New Zealand, the United States, Japan, and 9 other Pacific rim nations have agreed after years of negotiations on the largest regional trade deal in history. NZ INC. has compiled the best tweets of the web on the Trans-Pacific Partnership deal, so that …

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Sean Keane: Is the CHAfta necessarily a bad thing for New Zealand?

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The China/Australia Free Trade Agreement, or “CHAfta” as it is being called, gives Australian dairy farmers much better access to the Chinese infant formula market, which they have been beaten out of by the New Zealanders in recent years. Agricultural sector writer Alan Emerson recently noted that in 2009 New …

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