Retail

Why Foodstuffs won't charge suppliers for shelf space anymore. By Rebecca Stevenson

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Finance

REBECCA HOWARD: The RBNZ won't go negative. Why would it?

Rebecca Howard
Fri, 09 Oct 2020

Rebecca Howard
Fri, 09 Oct 2020
The Reserve Bank won’t cut the official cash rate into negative territory for a simple reason - it doesn’t need to.Yesterday, RBNZ officials gave a press briefing on alternative monetary policy tools, including negative rates. Despite a string of headlines from the likes of Reuters and Bloomberg stirring up traders and prompting economists to trumpet how dovish the central bank is, the officials didn’t say anything new.Except for one – largely overlooked - thing.Assistant governor Christian Hawkesby – in response t...

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