Cutting the OCR last year was a mistake - Alexander
By Jenny Ruth | Fri, 24 Jan 2020
The Reserve Bank made a mistake cutting its official cash rate last year and the resulting reignition of house price inflation means the central bank will probably tighten loan-to-valuation restrictio...
Govt triggers pandemic response plan
By Pattrick Smellie | Thu, 23 Jan 2020
The government has triggered its official pandemic response plan as the World Health Organisation grapples with whether to call a global public health emergency over the coronavirus outbreak originati...
Tourism still easing as Australian, American visitor numbers decline
By Rebecca Howard | Thu, 23 Jan 2020
International visitor numbers continued to fall in November as declining numbers of Australians and Americans joined the slowdown in Chinese arrivals. Separately, provisional net migration numbers are...
Coronavirus outbreak spooks investors, has officials on alert
By Dan Brunskill | Wed, 22 Jan 2020
The Ministry of Health has told border authorities not to impose travel restrictions in response to the outbreak of a new respiratory disease in China, but is watching the situation which has spooked...
Services sector slows but firms are hiring
By Rebecca Howard | Tue, 21 Jan 2020
Weaker sales weighed on service sector activity in December but that may prove temporary as firms employed more staff and New Zealanders have started the year feeling more optimistic about the state o...
Inflation hardly a 'smoking gun' for RBNZ
By Rebecca Howard | Tue, 21 Jan 2020
Higher petrol costs and rising housing-related costs are likely to spur a lift in fourth quarter inflation, but economists say it won’t be enough to shift the Reserve Bank's outlook.“We do not expect...
New Zealand dollar tracks sideways, markets awaiting data
By Rebecca Howard | Mon, 20 Jan 2020
The New Zealand dollar largely tracked sideways as markets remain cautious ahead of upcoming data both here and in Australia. The kiwi was trading at 66.20 US cents at 5pm in Wellington versus 66....