Economy
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Shares up as RBNZ defers rate hike
Investors are pleased to still have cheap cash available with interest rates low, even as the central bank warns it won't last.
Coronavirus
Lockdown's $1 billion lost output cost
But finance minister says benefit will eclipse cost as wage subsidy payments rise to $600 for full-time workers and $350 for part-time employees.
Markets
market close
Markets fall as covid case found
This morning a rate hike was being treated as a certainty, but investors are second guessing whether the central bank will go ahead.
Markets
Dollar tumbles as covid case dampens OCR expectations
The kiwi dollar and market interest rates both dropped sharply as investors question whether the central bank will still raise interest rates.
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