Latest fromMonetary Policy

Dollar edges ahead of RBNZ OCR decision
The NZ dollar edged up ahead of the Reserve Bank's monetary policy statement tomorrow.

Shadow board favours on-hold OCR call
NZIER’s shadow monetary policy board favours an on-hold decision when the Reserve Bank reviews the official cash rate.

Home values rise at fastest pace in year
QV's latest figures show NZ house values have risen at the fastest pace in 15 months.

NZ dollar gains as greenback weakens
The dollar advanced as the greenback weakened following reports Obama raised concerns of US dollar strength.

Dollar Outlook: Kiwi may decline this week
The dollar may fall this week as traders bet the Reserve Bank could reduce interest rates.

Dollar falls again
The kiwi touched 70.25 US cents over the weekend, its lowest level since August 2010.

Property Report: Price rises unstoppable
Too many drivers are keeping the Auckland property market hot, and experts see little or no change, as David Maida discovers.

Property Report: Buyer hysteria encourages Auckland price surge
Auckland prices have been rising faster than elsewhere in the country, due to recent action by the Reserve Bank and the Govt.

NZ dollar drops to 4-month low against euro
The dollar touched a four-month low against the euro after the European Central Bank lifted its inflation forecast.

Wall St up as Greek optimism grows
Wall St higher overnight amid optimism Greece will reach a deal with international creditors soon.

Dollar gains, shrugging off drop in dairy prices
The dollar rose even after dairy product prices unexpectedly fell in the latest GlobalDairyTrade auction.

NZ dollar hits lowest in almost 5 years
The kiwi touched 70.65 US cents in an illiquid market yesterday, its lowest level since August 2010.

NZ building consents fall in April
Building consents fell in April, after the previous month's strong gain, as intentions to build houses decreased.

Dollar drops to 4-year low
The dollar dropped to its lowest in more than four years on concern about the outlook for the economy.

NZIER predicts official cash rate to hold
Reserve Bank will disappoint financial markets and leave the official cash rate on hold for another two years, says NZIER.

Dollar little changed as major markets close
The dollar changed little overnight with major markets in the US and the UK closed for public holidays.

Dollar falls as greenback strengthens
The NZ fell as the US dollar strengthened following signs of rising US inflation.

3 Asian economies with room for improvement
William Pesek grades Park Geun Hye of South Korea, Benigno Aquino of the Philippines and Joko Widodo of Indonesia.

A report card for Asia's would-be reformers
How have things fared since then for Asia's "Axis of Reform"? Not very well, unfortunately, says William Pesek.

China: A major economy but run like a minor one
Willie Pesek asks if China's central bank is up for the responsibility of helping steer the world's second biggest economy.

Dollar drops to 4-year low vs. British pound
The dollar fell to a four-year low against the British pound after UK retail sales rose more-than-expected.

Dollar holds near bottom of range
The dollar held near the bottom end of its recent trading range as investors weighed up interest rates cuts.

ASB follows suit, cuts mortgages
ASB has followed the lead of ANZ and Kiwibank and slashed its fixed mortgage rates.

NZ dollar slips as US dollar gains on upbeat housing data
The dollar fell as the greenback strengthened following better-than-expected US housing data.

Why you'll pay less on your mortgage
Westpac could join a mortgage-rate battle after Kiwibank and ANZ slashed their home loan rates.

Inflation expectations creep higher in June survey
Businesses have lifted their expectations for inflation, sapping immediate pressure on the Reserve Bank to cut interest rates.

Dollar declines against strength of USD
The New Zealand dollar declined as the greenback strengthened on optimism the US economy will rebound.