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NZ dollar up 2.1 percent vs greenback this week
By Paul McBeth July 12 (BusinessDesk) - The New Zealand dollar is heading for a 2.1 percent weekly gain against the greenback after the local currency jumped to a three-week high yesterday when investors reassessed whether the US Federal Reserve will start slowing down its money...
NZ Productivity Commission to look at regulatory regimes
July 12 (BusinessDesk) - The Productivity Commission has New Zealand’s regulatory regimes in its sights with the launch of an inquiry aiming to improve the design and operation of the nation’s watchdogs and rule-makers. Finance Minister Bill English and Regulatory Reform Minist...
NZ inflation data for second quarter unlikely to fuel rate hike prospects
July 12 (BusinessDesk) – New Zealand’s annual inflation may have returned to 14-year lows in the second quarter as a record high currency weighed on prices of imported clothing, competition drove down telecommunications costs and fuel costs fell. The consumer price Index rose 0...
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