
OCR steady - economists react
Reaction from economists to today's Reserve Bank decision to keep the OCR at a record low of 2.5 per cent.
Reaction from economists to today's Reserve Bank decision to keep the OCR at a record low of 2.5 per cent.
Big banks shout Treasury staff to meals and events with 'disturbing frequency'.
Director of ANZ-owned fund manager says rival plans involve cost and risk.
Weak credit demand could curtail earnings growth for the big New Zealand banks, says credit rating agency Standard and Poor's.
New Zealand manufacturing rose in May to its highest level in almost a year amid signs record-high prices for the country's commodities are beginning to filter through to the wider economy.
Households at risk of slow wage growth combined with rising costs.