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Economic growth is expected to average a historically high annual rate of 2.8 percent over the next five years, although …
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NZ inflation steady at 0.3% in 2Q; kiwi falls as rate hikes questioned
New Zealand inflation held steady in the second quarter compared to the first-quarter pace as gains in prices of electricity, …
Read More »Australia’s central bank cuts key rate to 2.5 percent, matching RBNZ
The Reserve Bank of Australia cut its cash rate by a quarter point to 2.5 percent as expected, matching its …
Read More »NZ central bank likely to use new tools within six months, followed by interest rate hikes, NZIER says
New Zealand’s Reserve Bank will likely use its new macro prudential tools within the next six months to cool Auckland’s …
Read More »Capital gains from property targeted in government’s plan to fast-track consents
The government is aiming to cool housing inflation, seen as a threat to New Zealand’s financial stability, while speeding up …
Read More »NZ business confidence falls for second month, dragged down by agriculture
New Zealand business confidence fell for a second month, with the agricultural sector remaining pessimistic about the general economic outlook …
Read More »RBNZ’s Wheeler keeps OCR at 2.5 percent, brushes off weak inflation and points to high dollar
Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.5 percent, talking down the threat of soft inflation …
Read More »NZ inflation up 0.4% in 1Q, led by tobacco, higher prescription charges
New Zealand consumer prices rose in line with expectations in the first three months of the year, led by more …
Read More »NZ dollar gains before CPI, helped by dairy gains, rally on Wall Street
The New Zealand dollar rose back above 85 US cents before figures that are expected to show a pick-up in …
Read More »RBNZ’s Wheeler keeps OCR at 2.5 percent , still focused on inflation
Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.5 percent, as expected, saying monetary policy is still …
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