Consumer confidence perks up heading into silly season

Paul McBeth
Fri, 29 Nov 2019

Consumers are increasingly comfortable with making big-ticket purchases as retailers prepare for the all-important Christmas season. The ANZ-Roy Morgan consumer confidence index rose for a second month, up 3 points at 121 in November, with households more optimistic about the wider economy and happier to buy a major item. That was despite fewer people feeling better off about their own financial situation. Of the 998 people surveyed, a net 4 percent said they expected good economic conditions in the coming 12 months, an improvement on...
Markets
MARKET CLOSE: Reserve Bank measures limit virus-driven stock slide
Dan Brunskill | Wed, 12 Aug 2020

Reserve Bank stimulus helped soften a fall by New Zealand equities as investors reacted to a covid-19 flare-up which has put Auckland back into a level-3 lockdown. The S&P/NZX 50 Index declined 153...

PETER GRIFFIN: Tracing tech still running to catch up
Peter Griffin | Wed, 12 Aug 2020

We should have gone back into our state of covid-19 lockdown with an effective digital contact tracing technology in place.

Economy
UPDATE: RBNZ revs up the printing press, doesn't rule out negative rates
Rebecca Howard | Wed, 12 Aug 2020

(Updates to add comment from RBNZ governor and assistant governor)  The Reserve Bank kept the official cash rate at a record low 0.25 percent but expanded its large-scale asset purchase programme t...

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