The Reserve Bank’s asset purchase programme will become a more active tool in hitting inflation and employment targets as the key interest rate nears its lower bound, says assistant governor Christian Hawkesby. The official cash rate is already at a record low 0.25 percent and...
Comments provided to BusinessDesk by the Chinese ambassador to New Zealand, Wu Xi, suggest the upgrade of the free trade agreement between the two countries remains on track despite recent tensions caused by the enactment of draconian new national security laws in Hong Kong. N...
The latest outbreak in Auckland, and resulting lockdown, shows how perilous our covid-free endeavour really is.
The government is watching job losses across the country’s heavy industry “very closely,” Finance Minister Grant Robertson said. But the minister had no firm response when asked about the “substantial” job losses New Zealand Steel warned of today as it seeks to put its busines...