All News
NZ dollar extends gain vs. A$ as RBA minutes, NZ govt forecasts show diverging economies
By Paul McBeth Dec. 17 (BusinessDesk) - The New Zealand dollar extended its rally against its trans-Tasman counterpart as downbeat minutes to the latest Reserve Bank of Australia policy review and increasingly optimistic local government forecasts underline the divergence betwe...
NZ government sees economy on faster track on Christchurch rebuild, migration, commodities
By Jonathan Underhill Dec. 17 (BusinessDesk) – The government raised its forecast track for economic growth versus the 2013 Budget, saying the Christchurch rebuild, an improving labour market, migrant inflows and booming export commodities will make up for weaker trading partne...
Treasury takes a knife to bond programme as finances improve
Dec. 17 (BusinessDesk) – Improving government finances mean the Treasury will issue $2 billion less in government bonds in the current financial year, will buy back up to $3 billion of bonds on issue, and will delay the launch of a new long-dated bond until the next financial yea...
Prev
