Policy

Explore the latest government news by BusinessDesk. 
Reserve Bank QE taking bigger role in hitting inflation, jobs targets - Hawkesby
Policy

Reserve Bank QE taking bigger role in hitting inflation, jobs targets - Hawkesby

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...

Paul McBeth 20 Aug 2020
China-NZ FTA upgrade looks safe despite tensions
Policy

China-NZ FTA upgrade looks safe despite tensions

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...

Pattrick Smellie 19 Aug 2020
REBECCA STEVENSON: We must test for covid before travel
Opinion

Rebecca Stevenson: REBECCA STEVENSON: We must test for covid before travel

The latest outbreak in Auckland, and resulting lockdown, shows how perilous our covid-free endeavour really is.

Govt watching heavy industry job losses 'very closely' - Robertson
Policy

Govt watching heavy industry job losses 'very closely' - Robertson

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...

Gavin Evans 17 Aug 2020