All News
Higher interest rates, loan restrictions rein in house prices, RBNZ says
By Paul McBeth Sept. 11 (BusinessDesk) - The Reserve Bank's moves to hike interest rates and impose restrictions on low-equity home loans has helped slow the pace of house price increases, the central bank says. House price inflation has dropped to an annual pace of 6 perce...
RBNZ keeps OCR at 3.5%, signals slower pace of future hikes; kiwi drops
By Paul McBeth Sept. 11 (BusinessDesk) - Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won't be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a sev...
NZ dollar holds near seven-month low ahead of Reserve Bank decision
By Tina Morrison Sept. 11 (BusinessDesk) - The New Zealand dollar held near a seven-month low ahead of the Reserve Bank decision on interest rates today where governor Graeme Wheeler is expected to signal rates will remain on hold for longer than previously forecast. The ki...
Prev
