
Jenny Ruth: Kabuki dancing and the great Yes, Minister tradition
The exchange of letters between Finance Minister Grant Robertson and Reserve Bank governor Adrian Orr was little more than kabuki dancing.

RBNZ expects low FLP draw down
The Reserve Bank expects the biggest impact of its funding-for-lending programme will be on forcing term deposit rates lower.

Fletcher expects up to a 46% improvement in 1H ebit
Fletcher Building investors were treated to an unusually upbeat forecast at the annual meeting but expressed their dissatisfaction through a strong vote against Barbara Chapman's re-election as a director.

RBNZ: house lending risks threaten financial stability
The Reserve Bank made no mention in its report of any plans to limit its funding for lending programme.