Economy

RBNZ won't yield on rates, housing changes may delay hikes

Rebecca Howard
Tue, 13 Apr 2021

The central bank's rate decision will be published at 2pm Wednesday.
Rebecca Howard
Tue, 13 Apr 2021
The Reserve Bank of New Zealand (RBNZ) isn't expected to rock the boat on Wednesday with economists tipping the official cash rate to remain at a record low 0.25%.   However, Westpac Bank expects it to remain on hold for even longer after recent changes on the housing front. It previously said RBNZ would remain on hold until early 2024 and it has now pushed that out to early 2025.Westpac points to new regulations around housing weighing on economic activity as a key driver.Both the government and RBNZ have stepped in to take...

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Markets
Fonterra caps shareholders' fund – but axe looms
Rebecca Howard | Thu, 06 May 2021

Fonterra chair Peter McBride says "surprise" move to cap the shareholders' fund wasn't taken lightly, but farmer control of the co-op must be protected.

Technology FREE
Te reo Māori included in Google’s new language tool
Henry Burrell | Thu, 06 May 2021

The interactive project aims to encourage the use of ten indigenous global languages. 

Finance
Final bids due in mortgagee sale of Kerr’s Arrowtown property
Paul McBeth | Thu, 06 May 2021

The dispute between George Kerr and BNZ is heating up.

Partner Content
Productivity concerns and signs of stagflation

Inflation is to be expected in New Zealand, and whilst costs and prices rise, output capacity appears constrained, at least in the short-term; raising the possibility of stagflation.

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What you do matters - keeping our crowded places safe

FIRST Security's Chief Operating Officer Steve Sullivan looks at how venue operators and event organisers can implement the new government strategy to protect staff and visitors from armed attacks.