Green Party co-leader Dr Russell Norman wants the Reserve Bank of New Zealand to launch quantitative easing to lower the value of the New Zealand Dollar. Dr Norman writes “Since the Global Financial Crisis, our major trading partners have engaged in large scale measures that have devalued their currencies” and that “The UK, USA, Japan and the European Union have …

High passenger numbers for the 2012 season has sparked Air New Zealand to schedule another Auckland-Denpasar service next year. A Boeing 767-300 aircraft will operate twice weekly non-stop Auckland – Denpasar services for from 1 June to 15 October. This is three weeks longer than the 2012 season, again reflecting demand. Air New Zealand Group General Manager Australasia Bruce Parton …

The New Zealand dollar gained after exports to China, the country’s second-biggest trading partner, rose at the fastest pace in three months in September, easing concerns that the global economy is heading for another worldwide slowdown. The New Zealand dollar rose as high as 81.88 US cents and traded at 81.75 cents just after 8am, up from 81.60 cents at …