RBNZ could hike QE by $17 billion in May - ASB
ASB Bank says the RBNZ could hike its quantitative easing programme by as much as $17 billion at the May monetary policy meeting.It has made a “strong quantitative easing debut” but is going to have to go harder, said chief economist Nick Tuffley. The RBNZ initially announced a $...
February marks biggest drop in arrivals on record
Unsurprisingly, total visitor arrivals plunged 11 percent on the year in February to 372,700 with visitor arrivals from China down 90 percent.It is the biggest drop in arrival numbers for any February month on record, Stats NZ said.Visitor arrivals from China plummeted by 45,900...
IkeGPS to post record revenue
Utilities measurement company IkeGPS said its full year revenue for the year to March 31 was a record $9.8 million and up around 23 percent on the year, while gross margin was approximately $7.1 million in the 12-month period, up around 33 percent on the year.Its total cash and r...
Air NZ scheduling to remain at 5 percent of pre-covid levels
Air New Zealand has extended its "significantly reduced" international schedule by a month to the end of June. The airline said today that it would continue to operate at an effective 95 reduction to pre-covid levels, enough to maintain essential travel and cargo air links on key...
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