![Reserve Bank of Australia hikes by 25 basis points](https://media.businessdesk.co.nz/file/c_fill,h_393,w_700,q_100/getty-reserve-bank-australia-V.webp)
Reserve Bank of Australia hikes by 25 basis points
Governor Philip Lowe said in this afternoon’s monetary policy statement that the further increase in interest rates would help achieve a more sustainable balance of demand and supply in the Australian economy.
![NZ's market zeros in on interest rates](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/interest-rates-getty-J.webp)
NZ's market zeros in on interest rates
New Zealand's market will be watching the RBNZ and RBA closely to see what they reveal in their meetings this week.
![Burnt Hill Vodka is going against the grain](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/burnt-hill-vodka-supplied.webp)
Burnt Hill Vodka is going against the grain
Named after an extinct volcano in Canterbury, Burnt Hill Vodka is New Zealand's only volcanic filtered craft spirit.
![My Net Worth: Patrick Moynahan, managing director, Computer Recycling](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/MNW-Patrick-Moynahan.webp)
My Net Worth: Patrick Moynahan, managing director, Computer Recycling
The recycling entrepreneur says living in a small island nation means individuals like him can have a meaningful market impact in quite a short time.
![Currency volatility drives NZ market down](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/nz-money-currency-new-zealand-cash-5.webp)
![Export stocks help pull NZ market up](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/getty-shares-blue-and-purple-9.webp)
![NZ’s market falls almost 2% on global currency volatility](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/shares-bank-getty-x.webp)
![NZ’s market holds up against global headwinds](https://media.businessdesk.co.nz/file/c_fill,h_400,w_600,q_100/getty-shares-blue-and-purple-f.webp)