Reserve Bank 'jawboning' must continue

Reserve Bank of New Zealand chief economist Paul Conway. (Image: NZME)

Sat, 01 Apr 2023

The past few weeks have been all about the global banking system and bank failures, with Credit Suisse's collapse the most spectacular. Having said that, fears about German colossus Deutsche Bank could negate the final part of that sentence. We’ve also had a few months now of slowing economies, including a surprising contraction here in NZ in the past quarter. Everywhere, we're starting to see layoffs as last year's sharp interest rate increases start to bite, including at global giants like Amazon, Microsoft and Met...

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Markets Market close

NZ sharemarket up 0.1% on flat trading day

The S&P/NZX 50 Index closed at 11,790.92, up 14.18 points or 0.12%.

Graham Skellern 6:15pm

Policy

The Great Expectations on Kāinga Ora and KiwiRail

The government is continuing to refresh boards and fire up expectations.

Dileepa Fonseka 5:55pm

The Great Expectations on Kāinga Ora and KiwiRail

Economy

Auckland tumbles, Southland on top in ASB regional scoreboard

Auckland has fallen to 5th place.

Tom Raynel 4:10pm

Auckland tumbles, Southland on top in ASB regional scoreboard

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Economy

Auckland tumbles, Southland on top in ASB regional scoreboard

Auckland has fallen to 5th place.

Tom Raynel 4:10pm

Economy

Business gloom offers inflation hope

The New Zealand Institute of Economic Research’s (NZIER) Quarterly Survey of Business Opinion shows a continued deterioration in business confidence in the second quarter.A net 35% of firms expected a deterioration in the general economic outlook over the coming months on a seaso...

Staff reporters 02 Jul 2024