Subscribe today - find out more
Why you should consider BusinessDesk

To hike or not to hike? That is the question

Rebecca Howard
Mon, 22 Nov 2021

To hike or not to hike? That is the question
The Reserve Bank is likely to hike interest rates, but not everyone thinks it should. (Image: BusinessDesk)
Rebecca Howard
Mon, 22 Nov 2021
Most market watchers say the central bank will hike interest rates next week but not everyone agrees it’s the right course of action. Are they right?  The Reserve Bank of New Zealand (RBNZ) is widely expected to lift the official cash rate (OCR) by 25 basis points to 0.75% on Wed and signal more hikes to come.It really all comes down to whether you think the inflationary pressures hitting the economy are “transitory” or permanent, and how worried you are about the latest covid-19 outbreak and the impact of delta into the...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Deloitte NZ appoints five new partners
Staff reporters | Wed, 01 Dec 2021

Deloitte is increasing its portfolio of senior specialists with 16 new appointments.

Primary Sector
LIC promotes David Chin to CEO
Rebecca Howard | Wed, 01 Dec 2021

Chin replaces Wayne McNee who left after eight years in the role.

Property FREE
Increased listings could herald house price slowdown
Brent Melville | Wed, 01 Dec 2021

Tougher lending constraints, alongside accelerated building and an increased appetite to sell, could see real estate prices come off the boil in the new year.

Statutory reform can deliver momentum to land transport decarbonisation

To met the government's ambitious net carbon zero target, New Zealanders need to reduce their reliance on cars.

Mansons leads with 120% carbon offset for new builds

Mansons TCLM is committing to a benchmark of 120% carbon offset for new buildings.