OECD Urges RBNZ To Maintain Restrictive Policy For Inflation OECD advises RBNZ to maintain a restrictive monetary policy to manage rising inflation in New Zealand for economic stability. Top News · May 6, 2024
Reserve Bank expected to hold New Zealand rates The Reserve Bank of New Zealand will meet on Wednesday to decide the official cash rate. AAP · Apr 9, 2024
New Zealand Central Bank Implements Cyber Reporting Rules RBNZ's cyber reporting rules aim to enhance cybersecurity in New Zealand's financial sector by 2024. Top News · Mar 4, 2024
NZ Reserve Bank holds cash rate at 5.5 per cent Despite hawkish predictions of a hike, the Reserve Bank of New Zealand has held the official cash rate at 5.5 per cent. AAP · Feb 28, 2024
NZ Reserve Bank on knife-edge over cash rate call Reserve Bank of New Zealand governor Adrian Orr faces a test of his bank's hawkishness tomorrow with his latest rates call. AAP · Feb 27, 2024
Miners outweigh broader losses to keep ASX200 steady The local share market has finished flat after resurgent mining stocks cancelled widespread losses in other sectors. AAP · Jan 24, 2024
Inflation slows in New Zealand to 4.7 per cent New Zealanders with mortgages could soon see interest rates relief after a fall in the annual inflation rate to 4.7 per cent. AAP · Jan 23, 2024
Hawkish RBNZ warns Kiwis off cash rate cuts until 2025 New Zealand's central bank has held rates - in line with market expectation - at 5.5 per cent for the fourth consecutive meeting. AAP · Nov 29, 2023
All eyes on cash rate track as NZ reserve bank meets The market expectation is for the Reserve Bank of New Zealand to leave the official cash rate unchanged at its final meeting of 2023. AAP · Nov 28, 2023
Inflation drops to 5.6 per cent in New Zealand Outgoing New Zealand prime minister says a bigger than expected fall in the consumers price index shows his government was tackling inflation. AAP · Oct 16, 2023
NZ economists expect steady cash rate ... for now The Reserve Bank of New Zealand is expected to hold its official cash rate at its 15-year high of 5.5 per cent at its meeting this week. AAP · Oct 2, 2023
Japan has gone its own way on fighting inflation – can NZ learn from a global outlier? Like most countries over the past three years, New Zealand has tried to manage inflation by increasing interest rates. Japan, on the other hand, has taken a different tack – with clear success. The Conversation · Aug 17, 2023
The future of money is digital – but NZ needs a careful framework to prevent the pitfalls of cryptocurrency New Zealand’s central bank is preparing for a future that includes the mainstream use of cryptocurrency. The Conversation · Jul 24, 2023
New Zealand's hot migration risks fanning inflation, forcing rates even higher Gastroenterologist Wesley Kasen arrived in Hawke’s Bay New Zealand in February with his wife Marnie, two kids and dog from Colorado. Their arrival filled a vacancy at the local hospital. Reuters · May 5, 2023
ABC News · May 4, 2023 New Zealand interest rates are still rising — now mortgage stress data reveals how households are coping New data reveals how New Zealand households that have been under interest rate pressure for more than 18 months are managing to make ends meet.
AAP · Mar 15, 2023 New Zealand GDP down 0.6 per cent in Q4 2022 New Zealand has had a 0.6 per cent contraction in GDP in the December 2022 quarter, beginning a predicted 2023 dip a quarter earlier than expected.
The Conversation · Mar 15, 2023 Rising bank profits highlight tensions between competition watchdogs and central banks With soaring mortgage rates expected to strain household budgets, there are calls – including from the Reserve Bank of New Zealand – for the Commerce Commission to investigate bank profits.
The Guardian - AU · Nov 24, 2022 New Zealand, particularly vulnerable to a housing crash, tightens its belt as rates soar New Zealand’s reserve bank delivered its largest rate hike in history on Wednesday, piling pressure on the country’s homeowners
The Conversation · Nov 8, 2022 Negative equity is looming for some home owners – but you only need to worry if you need to sell It feels like a perfect storm is building. The rising cost of living and higher interest rates are putting household budgets under stress, and falling house prices could push some home owners into negative equity.
ABC News · Aug 26, 2022 Auckland house prices down 15 per cent with the Reserve Bank of NZ now tipping prices across the country to follow Auckland's real estate market sets the pace for the rest of New Zealand — right now, house prices are down 15 per cent from their 2021 peak and forecast to fall further. So what does that mean for families who just bought in?
The New Daily · Aug 18, 2022 Australian stock exchange continues rebound despite messy jobs data and inflation fears There was no stopping the ASX200 this week as it traded to a 10-week high supported by better-than-expected earnings, including a thumping result from BHP.
The Conversation · Jul 19, 2022 Inflation is 2022’s boogeyman. How can we address rising living costs, while helping bring it down? An entire generation has never experienced life with high inflation. But that is set to change. Countries like Australia, Canada, the United Kingdom and others are reporting rising inflation. In New Zealand, inflation has climbed to its highest rate in 32 years. Our collective inexperience with the scourge of inflation,…
ABC News · Jul 17, 2022 New Zealand extends fuel excise duty cut until the end of January to ease inflationary pressures The New Zealand government extends cuts in fuel excise tax, road user charges and public transport fares until the end of January, as families struggle with higher living costs.
The New Daily · Jul 14, 2022 Mixed fortunes as larger than expected inflation and rate raises hit sharemarket gains US sharemarkets erased a much of last week’s gains after a shockingly high inflation number, as the ASX200 spent most of the week consolidating its rally.
The Conversation · Jul 12, 2022 NZ has reached 'full employment' – but not all workers will benefit from a tighter labour market New Zealand’s unemployment rate hit a low of 3.2% in the fourth quarter of 2021 and again in the first quarter of this year. That’s the lowest the rate has been since at least 1986, both overall and separately for men (3.1% in both quarters) and women (3.3% in both…