Treasury rethinking impact of RBNZ policy

Treasury rethinking impact of RBNZ policy
Paul McBeth
The Treasury is rethinking its attitude to the impact of the Reserve Bank’s money printing programme on fiscal spending, as a stronger economic recovery puts the Crown accounts in much better shape than previously feared.The government’s financial adviser projects smaller operating deficits over the next five years than predicted just three months ago in the pre-election economic and fiscal update, with a stronger labour market. That has meant more people kept their jobs – and the income tax associated with it – and didn...

More Economy

Weak NZD ahead as rate cuts loom
Economy

Cameron Bagrie: Weak NZD ahead as rate cuts loom

This week's expected rate cut will further underpin a weaker-for-longer NZ dollar.

Cameron Bagrie 26 Nov 2024
More confidence about housing: ASB
Economy

More confidence about housing: ASB

Sentiment is improving, albeit slowly, the Housing Confidence Survey shows.

Air NZ continuing to be whacked by aircraft availability issues
Economy

Air NZ continuing to be whacked by aircraft availability issues

Air New Zealand expects a half year pre tax earnings result of $120 million to $160m.

Staff reporters 25 Nov 2024
NZ's directors see better days ahead
Economy

NZ's directors see better days ahead

Board directors are looking to Companies Act reform on their legal liabilities.

Greg Hurrell 22 Nov 2024