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NZ dollar steady after upbeat RBA forecasts but coronavirus casts a pall
The New Zealand dollar was little changed, hoisted up from its lows after the Reserve Bank of Australia came out with surprisingly strong GDP forecasts. However, the market remains consumed with ongoing concern about the economic impact of government efforts to try to contain...
FMA won't be 'outgunned' despite broader remit
The Financial Markets Authority wants to work collaboratively with the investment community this year, but warned “we will not be out-gunned,” despite its wider remit. Chief executive Rob Everett outlined the markets conduct regulator's main focus for the year at a Financial Serv...
Record Auckland building consents may be peak, say economists
A record number of new building consents in Auckland is making progress against the city’s housing shortage, but economists warn construction may be reaching its peak.StatsNZ figures today show 37,538 new homes were consented in calendar 2019, the highest annual number since 1974...
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