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Interest rates hiked to 3pc
Interest rates hiked to 3pc

The Reserve Bank has increased the Official Cash Rate by 25 basis points to 3 per cent this morning.

Scrap over $109k food bill

The parent company of a firm that sold controversial currency trading software racked up a $109,000 debt for food and drink…

Experts back OCR increase

There is near-unanimous support on NZIER's shadow board for Reserve Bank governor Graeme Wheeler to raise the official cash…

Fallow: Don't panic over property bubble

Here are some reasons not to embrace the view of economic analyst Jesse Colombo that NZ is hurtling towards crisis.

Best of Business Analysis

Inside Money: Old selfies could help you save Inside Money: Old selfies could help you save

By age 67 I will, according to a digitally-imagined…

Fran O'Sullivan: Aussie trade deals hold risks for NZ Fran O'Sullivan: Aussie trade deals hold risks for NZ

Australia is on track to notch what experts are calling…

More Best of Business Analysis
Dollar falls after positive US data
Dollar falls after positive US data

The New Zealand dollar weakened after positive US data boosted confidence about a revival in the world's largest economy…

Interest rate peak poses big risk
Interest rate peak poses big risk

Interest rates could peak at a level which would see first-home buyers in Auckland spending two-thirds of household income…

Reserve Bank may have rethink
Reserve Bank may have rethink

Another rise in the official cash rate, to 3 per cent, on Thursday is seen as a virtual certainty.

Joyce unfair to force change on unis
Joyce unfair to force change on unis

Editorial: Eighteen months ago, Steven Joyce had a warning for the country's universities saying he was "more than willing"…

Economy

Dollar little changed before RBNZ interest rate decision
Dollar little changed before RBNZ interest rate decision

The New Zealand dollar was little changed ahead of the Reserve Bank decision on interest rates today…

NZ dollar edges up as RBNZ rate review eyed

The New Zealand dollar rose to a two-week high against its trans-Tasman counterpart after Australian inflation came in below…

Dollar rises above 86 US cents

The New Zealand dollar rose above 86 US cents overnight, as investors seeking higher yields anticipate a rise in the nation's…

Wall St up as drug deals bolster sentiment

A raft of merger and acquisition activity in the global drug sector helped underpin equities on both sides of the Atlantic…

Wall St up as investors eye US earnings
Wall St up as investors eye US earnings

Wall Street has begun this week by extending their gains ahead of the Easter break with investors increasingly…

Editorial: Standing up to Japan vital in trade talks

Japan, the world's third-biggest economy, has a long and notorious history of protectionism.

'Bubble about to burst'

Auckland's sizzling property market could bring New Zealand's economy crashing down, a global economic expert warns.

'Chipper' Kiwis push up consumer confidence

New Zealand consumer confidence rose in April as Kiwis became more confident about their own financial position, giving…

Dollar drops to five-week low against sterling

The New Zealand dollar dropped to a five-week low against the British pound after UK unemployment fell more than expected…

NZ dollar drops to nine-day low
NZ dollar drops to nine-day low

The New Zealand dollar dropped to a nine-day low after slower than expected inflation raised questions…

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