Policy

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ANZ CEO says he's taking Adrian Orr at his word on bank capital consultation
Policy

ANZ CEO says he's taking Adrian Orr at his word on bank capital consultation

By Jenny Ruth May 1 (BusinessDesk) - ANZ’s New Zealand chief executive says he’s taking Adrian Orr at his word that the Reserve Bank governor has an open mind on bank capital requirements and will treat the current consultation period as genuine. David Hisco says Orr has pe...

Jenny Ruth 01 May 2019
UPDATE: NZ labour data has soft underbelly, will keep rate cut prospects alive
Policy

UPDATE: NZ labour data has soft underbelly, will keep rate cut prospects alive

By Rebecca Howard May 1 (BusinessDesk) - New Zealand’s unemployment rate nudged lower and annual wage inflation ticked slightly higher. But given the underlying softness, the data is unlikely to sway the central bank from either cutting rates next week or at least setting the...

Rebecca Howard 01 May 2019