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Rash of oil and mineral protests around NZ
By Pattrick Smellie April 8 (BusinessDesk) - Environmental protests against oil, gas and gold mining have broken out from one end of the country to the other in the last two days. Shell New Zealand closed down a public meeting in Dunedin this morning about its plans to explore...
Reserve Bank watching heat in housing market for signs of broader economic impact
April 8 (BusinessDesk) – The Reserve Bank of New Zealand would raise interest rates if there were signs that an overheated housing market in Auckland and Christchurch was spilling over into broader inflation pressures and consumer spending, says Deputy Governor Grant Spencer. Th...
NZ dollar TWI hits fresh post-float high as BOJ keeps kiwi attractive, RBNZ's Spencer talks housing
By Paul McBeth April 8 (BusinessDesk) - The New Zealand dollar hit a fresh post-float high on a trade-weighted basis as the Bank of Japan's moves to print massive amounts of money keeps the kiwi well supported, and as Reserve Bank deputy governor Grant Spencer gave the local hou...
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