Brian Fallow: Wheeler fires exchange rate warning shot
Graeme Wheeler pointedly reminded us of his power to intervene if the kiwi dollar continues to climb while export commodity prices fall, writes Brian Fallow.
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Latest fromMonetary Policy
RBNZ may intervene to sell currency - Wheeler
The kiwi dollar dropped half a cent after the Reserve Bank governor said the bank may sell the currency should it remain high while export prices weaken.
Auckland house prices, sales slump
The average Auckland house sale price and volumes achieved by the city's biggest real estate agency dropped from $725,708 in March to $708,603 last month.
Brian Fallow: Labour's plan a subtly blunt instrument
What we got from Labour's finance spokesman David Parker on Tuesday was a much broader economic policy than that would imply, writes Brian Fallow.
Building consents rebound
Building consents for residential housing rose to a six-and-a-half year high in March, snapping two months of decline.
KiwiSaver: who wins, loses
Households struggling to keep on top of their mortgages would win from Labour's proposed interest rate shake-up - but at the expense of those who can't afford a house.
Editorial: Imaginative policy option to rises in interest rates
Editorial: The Labour Party has done well to come up with a constructive monetary policy for the coming election.
KiwiSaver plan could hit savers
Labour's proposals to allow the Reserve Bank to adjust KiwiSaver contributions rather than interest rates to control inflation could hurt savers, KiwiSaver experts warn.
Labour's plan 'nothing new'
Finance Minister Bill English has rubbished Labour's new Kiwisaver plan, but the policy has received support from employers.
Interest rates hiked to 3pc
The Reserve Bank has increased the Official Cash Rate by 25 basis points to 3 per cent this morning.