Topics

NZ dollar holds above 83 US cents after testing recent range as FOMC awaited

The New Zealand dollar was little changed above 83 US cents after testing the upper limits of its recent trading range as traders await this week’s meeting of Federal Reserve policymakers. cheap software downloads The kiwi dollar traded at 83.36 US cents from 83.31 cents at 5pm in Wellington yesterday. It earlier reached 83.53 cents, a level it hasn’t seriously …

Read More »

ANZ Morning Brief: Time for reflection

GLOBAL MARKETS:  Our London colleagues report that it was a quiet day in Europe . Most of the day’s focus was on the negative Italian headlines.  The weekend’s Italian political bombshell, along with some very weak industrial production data out of France and Italy , weighed on European equities, EUR and Italian sovereign bonds in early trading. However, most markets …

Read More »

Government starts next stage of RMA reform

Environment Minister Amy Adams will today kick-off the next stage of the Government’s plan to reform the Resource Management Act. This afternoon, the Resource Management Amendment Bill 2012 will have its first reading in Parliament. The bill introduces a streamlined process for Auckland’s first unitary plan, a six-month time limit for processing consents for medium-sized projects and easier direct referral …

Read More »

Williamson defends holding back list of 379 CTV-style buildings

Some 379 buildings have been identified around New Zealand as being built in a similar engineering “genre” to the CTV Building, whose collapse in the February 2011 Christchurch earthquake claimed 115 of the 183 lives lost. At a press conference for the release of Volumes Five to Seven of the report of the Royal Commission of Inquiry into the Canterbury …

Read More »

While you were sleeping China signals rebound

Wall Street moved higher amid promising data on China’s economy, fuelling hopes that the world’s second-largest economy is gathering steam again. China offered better-than-expected data on both industrial output and retail sales, welcomed by a market that is on tenterhooks about US budget talks aimed at avoiding the US$600 billion in tax increases and spending cuts scheduled to kick in …

Read More »

NZ median house price sets new record $383,250 as monthly sales boom

The median house price in New Zealand set a new record for a second straight month, reaching $383,250 in the strongest sales volume in five years. apple antivirus software Sales rose 24 percent to 7,454 in November from a year earlier and were 12.3 percent up on October, according to the Real Estate Institute. The median price climbed 4.3 percent …

Read More »