Latest from Monetary Policy

NZD tipped to hit US60c this year
The New Zealand dollar could fall as low as US60c against the greenback this year following today's official cash rate cut, a market strategist says.

Falling dollar could hit NZ cruising
A cruise industry leader says the falling Kiwi dollar against the United States currency could be an impediment to growth in cruising by New Zealanders.

HSBC drops mortgage rate to 4.95pc
Banks have slashed mortgage rates this morning in reaction to the Reserve Bank cutting the Official Cash Rate to 3.25 per cent.

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.

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: Reinventing the Kiwi property dream
The day of the Kiwi quarter-acre dream is a dream of yesteryear, especially for those of us who call Auckland home.

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.

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.

Economic growth tipped at 3pc
The economy is expected to grow at about 3 per cent a year out to 2017, driving jobs growth and reducing unemployment, says the NZIER.

'Time is near' for US interest-rate increase
Strong employment growth is pushing the US economy close to the point where it can support higher interest rates.

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.