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Stock market rallies as RBNZ eases rates higher

Dan Brunskill
Wed, 24 Nov 2021

A dovish tone from RBNZ governor Adrian Orr gave markets a reason to relax.
A dovish tone from RBNZ governor Adrian Orr gave markets a reason to relax.
Dan Brunskill
Wed, 24 Nov 2021
Pressure came off financial markets Wednesday afternoon after the central bank moved the official cash rate up 25-basis points, rather than the 50-point hike markets had been fearing.The Reserve Bank of New Zealand lifted the OCR to 0.75% as it slowly applies the brakes to an economy it considers to be running too hot.ANZ economists said “markets breathed a sigh of relief”, not just because of the smaller hike but also because it only lifted its OCR forecast about half a percent higher than in August.Traders were positioned for a ha...

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Vocus-2degrees merger makes sense – can they make it work?
Peter Griffin | Thu, 20 Jan 2022

The question isn’t whether 2degrees and Vocus should come together. It’s how will this newly merged player give us the third strong market player we’ve long needed.

Primary Sector
Fonterra wants new capital structure in place by June
Rebecca Howard | Thu, 20 Jan 2022

Talks are underway between the government and Fonterra to hammer out the final details of the capital structure reform. 

Markets market close
NZ shares routed as ANZ forecasts OCR to hit 3%
Dan Brunskill | Wed, 19 Jan 2022

Just seven of the top 50 stocks gained today as traders and economists predict central banks will have to make radical moves to slay the "inflation dragon". 

How to pick the perfect real estate investment now

Now is a good time to get on the property investment ladder - here is how to get there.

Green energy for green farms and green trucks

Ballance Agri-Nutrients and Hiringa Energy are preparing to make green hydrogen to power trucks and produce sustainable farm fertiliser.