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Sharp drop in kiwi dollar will need monetary policy response, RBNZ says

Sharp drop in kiwi dollar will need monetary policy response, RBNZ says

By Paul McBeth March 14 (BusinessDesk) - A sharp drop in an over-valued New Zealand dollar that created inflationary pressure would need a monetary policy response, according to the Reserve Bank. The Reserve Bank has revised up its projections for the local currency on a trad...

13 Mar 2013
RBNZ's Wheeler says OCR to stay unchanged this year amid uneven recovery

RBNZ's Wheeler says OCR to stay unchanged this year amid uneven recovery

By Paul McBeth March 14 (BusinessDesk) - Reserve Bank governor Graeme Wheeler held the official cash rate at 2.5 percent, as expected, saying the benchmark rate is expected to move this year amid an uneven economic recovery. The kiwi dollar dropped on the news "The overvalued...

13 Mar 2013
NZ drought, livestock slaughter to weigh on agriculture, RBNZ says

NZ drought, livestock slaughter to weigh on agriculture, RBNZ says

By Paul McBeth March 14 (BusinessDesk) - Arid conditions across the country that have led to a drought being declared in several North Island regions and kicked off early livestock slaughter threatens to derail agricultural production down the line, according to the Reserve Bank...

13 Mar 2013
While you were sleeping US consumer flexes muscle

While you were sleeping US consumer flexes muscle

13 Mar 2013
MARKET CLOSE NZ shares fall as Telecom, Auckland Airport shed dividends

MARKET CLOSE NZ shares fall as Telecom, Auckland Airport shed dividends

13 Mar 2013
Big dry hits smelter production

Big dry hits smelter production

13 Mar 2013
NZ dollar falls below 80 Australian cents as drought weighs, RBNZ looms

NZ dollar falls below 80 Australian cents as drought weighs, RBNZ looms

13 Mar 2013
Telecom to lay off 120 staff from Gen-i Australia as overhaul begins

Telecom to lay off 120 staff from Gen-i Australia as overhaul begins

12 Mar 2013
NZ food prices fall in February on cheaper fruit and veg, meat

NZ food prices fall in February on cheaper fruit and veg, meat

12 Mar 2013
Herbert receiverships wind up with $595k shortfall to secured creditor ASB

Herbert receiverships wind up with $595k shortfall to secured creditor ASB

12 Mar 2013
NZ dollar little changed as Wall Street rally falters, drought concerns weigh

NZ dollar little changed as Wall Street rally falters, drought concerns weigh

12 Mar 2013
MARKET CLOSE NZ shares rise, led by Auckland Airport, Heartland

MARKET CLOSE NZ shares rise, led by Auckland Airport, Heartland

12 Mar 2013
NZ dollar hits 4-year high vs. yen as expectations for more BOJ easing grow

NZ dollar hits 4-year high vs. yen as expectations for more BOJ easing grow

12 Mar 2013
NZ house prices rise 7.6 percent in February, edging back toward December record

NZ house prices rise 7.6 percent in February, edging back toward December record

12 Mar 2013
Commerce Minister Foss plans stricter monitoring rules for financial service providers

Commerce Minister Foss plans stricter monitoring rules for financial service providers

12 Mar 2013
Buyer interest in Orcon heats up with announcement due in 'coming weeks', Kordia says

Buyer interest in Orcon heats up with announcement due in 'coming weeks', Kordia says

11 Mar 2013
NZ dollar gains as S and P 500 heads for record high, lifting risk appetite

NZ dollar gains as S and P 500 heads for record high, lifting risk appetite

11 Mar 2013
While you were sleeping Wall Street tiptoes to record

While you were sleeping Wall Street tiptoes to record

11 Mar 2013
MARKET CLOSE NZX 50 Index charts record high again; Diligent, Xero gain

MARKET CLOSE NZX 50 Index charts record high again; Diligent, Xero gain

11 Mar 2013
South Canterbury Finance five to stand trial in High Court next year

South Canterbury Finance five to stand trial in High Court next year

11 Mar 2013
NZ dollar may fall as greenback strengthens, drought weighs on sentiment

NZ dollar may fall as greenback strengthens, drought weighs on sentiment

11 Mar 2013
Diligent shrugs shoulders over share price spike, hefty trading volume

Diligent shrugs shoulders over share price spike, hefty trading volume

11 Mar 2013
UPDATE NZ banks face class suit over $1 bln in default fees

UPDATE NZ banks face class suit over $1 bln in default fees

11 Mar 2013
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