Latest from Monetary Policy

Business confidence drops to four-year low
Business confidence extended its decline in the third quarter, plunging to its lowest level in more than four years.

Auckland housing market boosts regions
NZ house values rose at their fastest annual pace in more than eight years, as demand for Auckland housing overflowed to nearby regions.

Building consents fall in August
Residential building consents fell 4.9pc in August as the Canterbury rebuild shifts its focus toward commercial work.

Kiwi dollar falls on weaker commodity prices
The kiwi fell to 63.06 US cents at 5pm in Wellington from 63.32 cents at 8.30am, and down from 63.99 cents yesterday.

Central banker sees future of money in Bitcoin
Want to know what central bankers will do in the next few years? There's a Bank of England website page you need to read.

Has property market finally peaked?
Auction clearance rates have dropped and attendance rates are down as soaring prices flatten out.

Dollar falls amid rate hike jitters
New Zealand dollar drops after US Federal Reserve talked up the chances of US rate hike.

Cutting through the hype about a Fed hike
Let's take a deep breath: It shouldn't matter that much whether the Federal decides this week to raise interest rates by 25 basis points, or possibly even less.

NZ still growing: GDP up 0.4pc
Our economy grew - but less than expected in the second quarter of the year, as agriculture and mining recovered.

How ignorance undermines the Reserve Bank
New research finds that many businesses in NZ do not have a clear understanding of inflation rates, much less the role of the central bank.

Kiwibank cuts mortgage rates again
State-owned bank now offering six-month rates of 5.19 per cent - and 4.59 per cent for a two-year term.

Reserve cuts rates, banks follow suit
Most economists expect the bank to now retain an easing bias, with some tipping the rate to drop to 2 per cent.

Dollar falls on OCR cut
The kiwi dollar has fallen by a full US cent this morning after the Reserve Bank cut the official cash rates to 2.75pc.

Dollar advances ahead of Reserve Bank decision
The New Zealand dollar has advanced ahead of the Reserve Bank's official cash rate announcement this morning.

Dollar rises as Chinese equity gains boost optimism
Global equity markets gained and commodity markets rallied overnight, triggered in part by a late surge in Chinese equities.

China sparks global share rally
Shares on both sides of the Atlantic moved higher overnight, triggered in part by a late surge in Chinese equities.

ASB matches BNZ on 4.35pc mortgage rate
The mortgage rate war is heating up ahead of a widely tipped rates cut on Thursday, with ASB now matching the 4.35pc rate BNZ unveiled last week.