Bank capital proposals already impacting capital markets
By Jenny Ruth March 14 (BusinessDesk) - Final decisions on the Reserve Bank’s proposed capital requirements for banks won’t be made until the September quarter but they are already having an impact on capital markets. They are one reason that New Zealand 10-year wholesale i...
NZ will be "balanced" on commissions and won't single out mortgage brokers
By Jenny Ruth March 14 (BusinessDesk) - The New Zealand government says it won’t single out mortgage brokers and that its approach to commission payments will be “balanced.” That follows the Australian Federal Government’s decision earlier this week to cave on the royal com...
NZ dollar falls as Aussie consumer sentiment weakens
By Jenny Ruth March 13 (BusinessDesk) - The New Zealand dollar fell, dragged lower with the Australian dollar on signs consumer sentiment is weakening across the Tasman. The kiwi was trading at 68.39 US cents at 5pm in Wellington from 68.72 at 7.45am and at 96.93 Australian...
It all comes down to the inflation target: BNZ's Toplis
By Jenny Ruth March 13 (BusinessDesk) - If the Reserve Bank of New Zealand were to adopt the Reserve Bank of Australia’s inflation target, “we should be considering easing relatively aggressively,” says Bank of New Zealand's head of research Stephen Toplis. The RBNZ’s infla...
Prev
