
Migration climbs to 10-year high
New Zealand had its highest net gain of migrants in more than 10 years last month, as even fewer Kiwis left for Australia.
New Zealand had its highest net gain of migrants in more than 10 years last month, as even fewer Kiwis left for Australia.
It's going to take a lot more political bungling to do any permanent damage to America's reputation or wreck its financial markets.
The US Senate has passed legislation to avoid a threatened national default and end the 16-day partial government shutdown along the strict terms set by US President Barack Obama.
Brinkmanship in the US threatens the business and consumer confidence on which its economic recovery depends, says AMP chief economist Bevan Graham.
In a speech to the Property Council this morning the Reserve Bank's deputy governor has gone on a charm offensive over its LVR restrictions.
In a history-making selection, US President Barack Obama nominated Janet Yellen to be chairman of the Federal Reserve.
New Zealand property values rose at an 8.4 per cent annual pace last month ahead of the introduction of low-equity home lending restrictions,
US President Barack Obama says he's willing to negotiate with Republicans on their priorities, but not under the threat of "economic chaos.''