Official Cash RateHow ignorance undermines the Reserve BankNew research finds that many businesses in NZ do not have a clear understanding of inflation rates, much less the role of the central bank.12 Sep 02:00 AM
Banking and financeKiwibank cuts mortgage rates againState-owned bank now offering six-month rates of 5.19 per cent - and 4.59 per cent for a two-year term.10 Sep 11:00 PM
Banking and financeReserve cuts rates, banks follow suitMost economists expect the bank to now retain an easing bias, with some tipping the rate to drop to 2 per cent.09 Sep 10:58 PM
Banking and financeDollar falls on OCR cutThe kiwi dollar has fallen by a full US cent this morning after the Reserve Bank cut the official cash rates to 2.75pc.09 Sep 09:45 PM
BDBDBanking and financeDollar advances ahead of Reserve Bank decisionThe New Zealand dollar has advanced ahead of the Reserve Bank's official cash rate announcement this morning.09 Sep 08:36 PM
BDBDBanking and financeDollar rises as Chinese equity gains boost optimismGlobal equity markets gained and commodity markets rallied overnight, triggered in part by a late surge in Chinese equities.08 Sep 08:54 PM
BDBDCompaniesChina sparks global share rallyShares on both sides of the Atlantic moved higher overnight, triggered in part by a late surge in Chinese equities.08 Sep 07:55 PM
Banking and financeASB matches BNZ on 4.35pc mortgage rateThe 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.07 Sep 11:00 PM
BDBDBanking and financeDollar falls as traders focus on likely RBNZ rate cutTraders have put 78 per cent odds of Reserve Bank governor Graeme Wheeler cutting the official cash rate.07 Sep 08:43 PM
BDBDOfficial Cash RateRate cut certain - how low will banks go?The Reserve Bank is expected to cut interest rates this week, fueling belief that banks will follow suit and cut mortgage rates.06 Sep 10:30 PM
BDBDBanking and financeNZ dollar declines on US labour market dataThe NZ dollar declined after US labour market data left open the possibility of US interest rate hikes this month.06 Sep 08:43 PM
BusinessOnion thieves strike amid inflation warPrices of onion - a staple in diets of India nationals - have almost doubled since July, leading to a series of widely-reported heists in recent weeks.04 Sep 01:20 AM
Banking and financeFirst shot in mortgage rates war?BNZ reduces one-year fixed rate to 4.35 per cent ahead of Reserve Bank's expected announcement that OCR will be cut.03 Sep 09:45 PM
EconomyFirst house price fall in 6 monthsBarfoot & Thompson blames fall in Auckland market on winter weather, the Reserve Bank and international economic instability.02 Sep 10:40 PM
BDBDBanking and financeNZD declines as US signals economic expansionUS economic data has kept alive expectations the Federal Reserve may hike interest rates this month.02 Sep 08:41 PM
BDBDCompaniesWall St up as Apple, Microsoft offer valueWall Street rose overnight, recovering part of the previous day's selloff as investors found value in some shares.02 Sep 07:30 PM
CompaniesNZ stocks fall amid global volatilityThe NZX 50 closed down 1.2 per cent at 5590.2 yesterday following a plunge on Wall Street overnight that saw the S&P 500 index fall almost 3 per cent.02 Sep 05:00 PM
CompaniesNZX takes hit after Wall St slideNZ shares are being pummelled this morning after Wall St fell on renewed China fears.01 Sep 11:40 PM
BDBDBanking and financeDollar declines as investors exit higher risk tradesThe dollar fell after weak Chinese factory data yesterday raised concerns about a slowdown in Asia's largest economy.01 Sep 08:41 PM
BDBDCompaniesBig Wall St slide on more China fearsWall St followed the slide of equities in Europe and Asia overnight, amid mounting fears about the slowing pace of Chinese growth.01 Sep 08:09 PM
BDBDBanking and financeDollar drops as high yielding currencies soldInvestors are selling currencies such as the kiwi as they unwind so called 'carry trades'.31 Aug 08:37 PM
BDBDCompaniesWall St down as defensive positioning rulesWall St was down overnight as Fed officials left the door open for an interest rate hike this month.31 Aug 07:30 PM
ConstructionBuilding consents hit 10-year highLast month saw the highest number of new dwellings consented in a month since March 2005.30 Aug 10:42 PM
BDBDBanking and financeNZ dollar slips as US dollar strengthensThe USD strengthened after Fed Reserve officials signalled the US central bank is on track for a potential rate hike next month.30 Aug 08:39 PM
BDBDBanking and financeDollar lifts with other commodity-linked currenciesThe dollar edged up with gains limited by a stronger US dollar buoyed by better economic data.27 Aug 08:33 PM
EconomyAsia should call truce on currency warAsian policy-makers need to understand that currency devaluations aren't a cure-all, writes Bloomberg columnist William Pesek.27 Aug 12:30 AM