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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...

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Click & collect: Bunnings doubles profits to $52m
Brent Melville | Thu, 02 Dec 2021

Building supplies group Bunnings had a good year, with net income more than doubling on the strength of a resurgent construction and DIY market.

'It's a breach': Vax pass data data storage concerning for Māori
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Businesses', banks' views on credit availability diverge
Jenny Ruth | Thu, 02 Dec 2021

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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.