The New Zealand dollar eased lower after weaker-than-expected US housing data eroded investors' appetite for higher-yielding, or riskier, assets and dragged down stocks on Wall Street. Housing starts in the US fell to an annualised rate of 529,000 last month, the lowest in six months, damping optimism… More
5:50PM Monday November 16, 2009
Interest rate volatility, the failure of sophisticated investment instruments and general financial hardship were… More
4:00AM Thursday November 12, 2009
The Reserve Bank has renewed its plea for changes to the tax system to help put the economy on a more even keel… More
9:30AM Monday November 16, 2009
New Zealanders are still optimistic about the state of the housing market, according to an ASB survey. Chief… More
4:00AM Thursday November 12, 2009
Major bank price gouging on floating rate loans has cost New Zealand businesses and other borrowers up to $2 billion… More
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