The kiwi dollar is holding below levels the Reserve Bank is forecasting for the third quarter though that’s unlikely to be enough to change its view of the interest rate outlook this week. The central bank will keep the official cash rate at 2.5 percent on Thursday, according to a Reuters survey of 16 economists. The bank will hike the …

The government employed Financial Markets Authority chairman Simon Allen to help negotiate its $402 million convention centre-for-gaming concessions deal with SkyCity Entertainment Group. Allen, a former investment banker who has chaired the market watchdog since May 2011, took a key role in talks with the casino and hotel group, according to papers released by Ministry of Business, Innovation and Employment …

The New Zealand dollar is heading for a 2.1 percent weekly gain against the greenback as investors pare their bets on the world’s reserve currency in a week where US Federal Reserve chairman Ben Bernanke reiterated that the central bank is set on winding back its money printing programme. The kiwi rose to 79.12 US cents at 5pm in Wellington …